Ken Hu, rotating chairman of Huawei Technologies said his firm has secured more commercial contracts to build 5G telecommunications infrastructure despite security concerns.
Hu made this known in remarks at the company’s annual global analyst summit at its headquarters in Shenzhen in southern China.
He said Huawei secured 40 commercial contracts to build 5G telecommunications infrastructure as at the end of March, up from a previously disclosed tally of more than 30.
Huawei’s outlook has come under scrutiny over the past year with the United States voicing concerns that its equipment could be used by the Chinese government for espionage.
Washington has also urged allies to ban Huawei from building 5G mobile networks.
However, Huawei has dismissed the security concerns as unfounded.
The company in January launched its 5G modem Balong 5000, which it said is the industry’s most powerful, as well as a 5G base station chipset dubbed Tiangang