Chinese telecommunications hardware giant Huawei said it could become the world's largest seller of smartphones in 2019, without the help of the US market and despite growing security concerns.
Vodafone, one of the world's largest mobile carriers, will "pause" buying Huawei equipment for the core of its networks in Europe amid talks with the company and various agencies and governments, the United Kingdom company's chief executive officer, Nick Read, said.
Huawei, the world's biggest producer of telecom network gear, is facing increasing scrutiny in Europe over concerns about its technology. He said the issue of potential restrictions on Huawei is creating uncertainty among operators, which is "never good".More news: Pelosi speaks after Trump capitulates on SOTU address
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The firm has successfully rolled out over 30 5G field trials across 17 Chinese provinces, with speeds that are 97 times faster than current 4G signals, said Huawei's vice-president of wireless network Yang Chaobin.
Vodafone said, however, that competition in the Spanish and Italian markets had moderated through the quarter and it improved its level of churn, or the number of customers leaving, by two percentage points year-on-year. Huawei is also a major supplier of equipment for less-sensitive radio-access network components on mobile masts.
"Huawei is focused on supporting Vodafone's 5G network rollouts, of which the core is a small proportion".
"At present, we are not accepting new donations from Huawei in light of public concerns", the Prince's Trust said in a statement.
"I want to see when the opponent can catch up with Huawei's data..." Both companies manufacture in China and do business with carriers in the country. For the devices priced over $600 million, the company has managed to grab more than 10 percent share in 25 countries and regions around the world.