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China tech

Huawei claims over 90 contracts for 5G, leading Ericsson

Chinese tech group to invest $20m in UK despite US pressure

A Huawei exhibit in Beijing. The Chinese telecom equipment maker has made inroads into Europe's 5G network market.   © Reuters

TAIPEI -- Huawei Technologies, the world's top telecom equipment maker, on Thursday said it had secured more than 90 commercial 5G contracts worldwide, an increase of nearly 30 from last year despite the relentless pressure from U.S. authorities.

Huawei's announcement is an apparent attempt to rebut Ericsson, the Chinese company's biggest rival, as the Swedish manufacturer last week said it leads 5G commercialization with 79 contracts as of the end of last year.

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