HUAWEI contributed 12.8 billion euros (US$14.2 billion) to Europe’s gross domestic product (GDP) in 2018. It also sustained 169,700 jobs and generated 5.6 billion euros in tax revenues, according to an Oxford Economics study on Huawei’s economic impact in Europe.

Huawei entered the European market nearly 20 years ago. “The idea of ‘In Europe, For Europe’ has guided us as we strive to integrate into and contribute to Europe,” said William Xu, Huawei’s director of the board and president of the institute of strategic research.

Josianne Cutajar, a member of the European Parliament, called for the creation of a favorable business environment in Europe, which would entail digital innovation and the reinforcement of digital sovereignty with an open and collaborative attitude. With this “fourth industrial revolution,” Europe “has the opportunity to regain its leadership,” she said.

Huawei is cooperating with several European service providers in order to roll out high-speed and low-latency 5G networks with the aim of connecting the European continent and contributing to the digital transformation of European industries.

Huawei remains in the lead in the 5G domain, Xu said. “As of now, Huawei has received more than 60 commercial contracts, of which 32 are in Europe, notably in the United Kingdom, Switzerland, Italy and Finland. As a result, Huawei’s 5G technology has been well-recognized by European countries.”

Regarding 6G, “in the mobile communications sector, if 2019 or 2020 is the first year for 5G, 6G should be put in place within 10 years. But what is 6G? No one currently knows,” Xu said.

“So, about 6G, there remain many central and key technologies to study, and Huawei has already started to invest and launch research in this area.”

(Xinhua)