As U.S. pressure mounts, Huawei touts more than 50 5G contracts

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As U.S. pressure mounts, Huawei touts more than 50 5G contracts
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The latest announcement from Huawei puts it ahead of its closest competitors Nokia and Ericsson, according to the companies’ latest publicly released contract numbers.

On Monday, the U.S. and Poland signed an agreement to create stricter guidelines for companies wishing to be part of the latter’s 5G plans.The two sides agreed to look into whether a supplier is subject to control by a foreign government. Huawei was not explicitly named.

“Huawei’s 5G products are world leading products, with the highest level of maturity in terms of commercialization. And Huawei will continue to develop its 5G technology steadily,” William Xu, one of Huawei’s board directors, told CNBC in a Mandarin interview on Tuesday. Xu spoke in Mandarin and his comments were translated by CNBC.

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