Huawei: More than 50 5G contracts awarded worldwide

According to China media reports, Huawei Director and Public and Government Affairs President Chen Lifang stated that  Huawei has obtained more than 50 5G commercial contracts worldwide, 28 of which are from Europe.In addition, in terms of terminal business, Huawei has sold 100 million mobile phones worldwide in the first five months of this year, reaching this figure about 50 days earlier than last year.

As for its development, Chen Lifang said that Huawei has long determined that more than 10% of its revenue will be used for research and development. In 2018, Huawei invested $15 billion in research and development, accounting for 15% of revenue; R&D investment in the next five years will exceed $100 billion.

Chen Lifang said that as of May 30, Huawei’s mobile phone sales have exceeded 100 million units, and the newly released P30 mobile phone sold 10 million units in 85 days. In comparison, last year, the P30 broke 10 million and for more than 100 days.

At the Huawei nova 5 series launch event on June 21, He Gang announced that it only took 5 months in 2019 with exceeded 100 million units, which is 49 times lower than last year’s record. Every 1 second, there are more than 7 Huawei mobile phones shipped.

Source : 快科技