Chinese vendor Huawei has already signed a total of 50 contracts in the 5G field and has shipped over 150,000 base stations globally, the company’s deputy chairman Ken Hu said in a keynote presentation at Mobile World Congress 2019 Shanghai.
The executive said that the vendor was one of the first companies to start developing 5G standards.
“We started 5G research as early as 2009. That’s back when 4G was just starting to see commercial deployment. We have also invested heavily, and continue to do so. Over the past ten years, we have invested $4 billion in 5G,” Hu said.