Ryan Ding, Executive Director of the Board of Huawei and President of the Carrier Business Group, said that the penetration rate of 5G users in China, South Korea, Kuwait and other countries has crossed the critical point of 20%.
The United States has created many difficulties for Huawei but they are solvable. Huawei will not give up its mobile phone business nor develop real estate, said Guo Ping, the company's rotating chairman.
Chinese smartphone maker Huawei said it has no plans to sell its mobile phone business at all, countering a Reuters report which cited people with knowledge of the matter as saying the company is in talks to sell its premium smartphone brands P and Mate.