Global technology firm Huawei Technologies Rotating Chairman Ken Hu has stepped out to allay fears on the company’s stability.
Speaking at the new Huawei campus in Dongguan, China, Hu, expressed confidence on the firm’s corporate position globally.
Hu delivered a strong message of confidence in Huawei’s business growth and prospects, citing the trust of its global customers who include hundreds of network operators, Fortune 500 companies, and hundreds of millions of retail consumers.
The company which operates locally under the Huawei Technologies (Kenya) Company Limited subsidiary, is forecasting its 2018 revenues to rally beyond the US$100 billion mark with positive prospects on its 5G network solutions.
“This is a journey of transformation that has helped us grow from an unknown vendor to the 5G leader,” Hu said.
He also directly addressed recent allegations against Huawei, stating that it is best to let facts speak for themselves, while emphasizing that the company’s security record was clean. He noted that there have been no serious cyber security incidents in the last 30 years.
“Over the past 30 years, hundreds of telecom operators have used Huawei’s equipment. There have been no major cybersecurity incidents. And there has been almost zero Huawei equipment being used in the United States, so what is the evidence here to say that Huawei is not secure?”
In the firm’s Annual Report, released earlier this year, Huawei cited significant progress in the local market confirming that its efforts to bridge the digital divide in Kenya among other countries was beginning to bear fruit. Huawei confirmed that, by leveraging its core strengths, the firm was working with its customers to narrow the gap in network connections, digital services, and digital tools adoption.
“In Kenya, we have helped significantly reduce the medical costs of over 200,000 people with digital clinic and tele medicine platforms.” The report says and adds, “In 2017, we partnered with carriers including Safaricom in Kenya, Pakistan Telecommunication Company Limited (PTCL), PLDT in the Philippines, and Omantel in the Middle East to implement the approach of value driven network deployment and jointly build premium broadband networks. This has allowed these carriers to set themselves apart from the competition and achieve business success.”
As well as supporting Safaricom and Telkom Kenya establish high-speed broadband networks, Huawei Technologies Kenya is also currently implementing the Nairobi Intelligent Traffic System (ITS) project with Kenya Urban Roads being the implementing agency.
During the Dongguan media tour, Hu and Huawei executives conducted the media corps on a guided tour of the firm’s Research & Development labs showcasing materials and thermal management technologies developed for 5G equipment, as well as an independent cyber security lab.
On its 5G projects, the rotating chairman disclosed that Huawei has secured 25 commercial contracts, ranking number one among all ICT equipment providers. Already, Huawei, he said, has shipped more than 10,000 base stations to markets around the world.
“Almost all network customers have indicated they want Huawei, which is currently the market leader with the best equipment and will remain so for at least the next 12 to 18 months, for faster and more cost-effective upgrades to 5G,” he said, adding that, “Some security concerns based on the technology for 5G were very legitimate, but we should be able to be clarify or mitigate them through collaboration with operators and governments.”