Huawei’s Regional President James Wu said that in the next five years, 5G will create $1.2 trillion dollars in income in Southeast Asia.
Talking to reporters at the Mobile World Congress (MWC) -019 in Barcelona, he said this information.
Speaking to journalists in Barcelona, James Wu of Southeast Asia, Huawei said, “In the Southeast Asian countries, GDP growth will average 5-6 percent in the next 5 years and the digital economy will play a key role in achieving this growth, which is 20 percent of the total growth.
We are committed to the development of digital economy in the countries of this region and we will work with partners to build a digital ecosystem.
James Wu said, ‘Before 2020, there will be huge commercialization of five cities in India, Thailand, Vietnam and Hong Kong and five markets in regional markets. The number of 5G users in this region will stand at 80 million in the next 5 years.
As a result, wireless technology and digital and intellectual parts increase the social productivity by 4-8%. Huawei has already received 5G invitations from different countries and Southeast Asia customers.
James Wu said, “2019 is very important
in 5G expansion in Southeast Asia. As the world’s top 5G vendor, Huawei will help fulfill the 5G dream of all operators in this region.
We continue to invest in 5G, broadband, cloud, artificial intelligence and smart device technology to help customers and get the least benefit using the current technology.
Last year the relationship between the United States and Huawei began. The United States has called for not to partner Huawei’s 5G development partners in its allies and claims to be a threat to national and user safety.
Although Huawei denied the allegations by the United States, claiming that their technology could be used in spying, but there is no evidence for the allegations so far.