Huawei has one of the most advanced
5G equipment in the world. The company also has the cheapest 5G construction service. However, many regions like the U.S., U.K., and others have since banned Huawei's 5G devices in their regions. Most of these countries banned
Huawei 5G because of a report from the U.S. claiming that Huawei poses a security risk. These regions are willing to spend billions of dollars to expunge existing
Huawei devices from their communication networks. However, there are some key nations in Europe that did not join the U.S. train.
The report points to the strong dependence of Germany, Europe's largest economy on China.
The report shows that in 2022, Huawei's share of 5G wireless access network equipment in Germany will reach 59%. Also, in 2020, Huawei's share of this equipment in 4G networks will be 57%. Even Huawei's market share in Germany is higher than that in China. This is due to the fact that it has to compete with ZTE in China.