Huawei steals the show at MWC 2023. Heres everything it announced
Summary
Even as Western sanctions have crippled parts of its business, Huawei, during the recent Mobile World Congress (MWC) 2023, has proved how it is securing its future through diversification. Huawei founder Zhengfei Ren indicated that the company is in “survival mode” and will need to cut back or close businesses that cannot generate value and profit. Leading operators in China, South Korea, Switzerland, Finland, and Kuwait have already achieved 5G user penetration rates of more than 30%, with more than 30% of their traffic coming from 5G, Huawei said. Adding to that, Li Peng, President of Huawei’s Carrier BG, outlined how 5G will not be enough to address the needs of the service providers to meet the demand for ultra-high-speed connectivity and extremely low latency. Therefore, he said Huawei is prepared to collaborate with its industry partners to deliver a ubiquitous 10-gigabit experience using cutting-edge wireless, optical, and IP technologies.
