September 27, 2019 | Investopaper
The 3rd largest telecommunication company of the world, Huawei, is already producing 5G base stations that are free of US components and plans to more than double production next year, says the founder and CEO of the company Mr. Ren Zhengfei.
The company will be producing 5,000 of the 5G mobile communication base stations per month from October. Likewise, the CEO also informed that it is planning to make about 1.5 million stations in a forum.
Huwaei has been alleged by the US that the equipment produced by the company could be used by Beijing as a spy. So, the company has been blacklisted by the US. After being blacklisted, the company cannot perform trading activities with US companies.
Lately, Huawei reported that the impact of blacklisting was less than the expectation. Huawei has already developed its own operating system too after restriction from Google.