Chinese companies shine at MWC
Chinese technology companies are in the limelight at the ongoing Mobile World Congress 2024, a major telecommunications industry event in Barcelona, Spain, as they showcase their latest innovations to explore new business opportunities and gain a wider presence in Europe and beyond.
The event, which runs from Monday to Thursday, has attracted more than 300 Chinese companies, almost twice as many as last year. The enterprises are displaying their latest products, from upgraded 5G portfolios and artificial intelligence-powered smartphones to smart cars and augmented-reality devices.
The robust participation underscores Chinese companies' willingness for global collaboration and their technological prowess in strategic industries, despite the increase in the United States' arbitrary tech sanctions on them, experts said.
According to the GSMA, an industry group representing the world's biggest mobile phone operators and the organizer of MWC 2024, Huawei is the largest exhibitor this year, and China Telecom and Alipay have made their debuts at the show. Other leading Chinese tech companies that are participating include Xiaomi, Lenovo, Honor and ZTE.
Mats Granryd, director-general of the GSMA, said there is a need for companies to align with the challenges and opportunities. "As connectivity brings us together, technology opens possibilities. … Together we are strong, and alone we are nobody," he said.
As 2024 marks the commercial launch of 5G-advanced, or 5G-A, technology, which is a crucial upgrade of the 5G network in functionality and coverage, Chinese telecom companies are moving to center stage.