Huawei: No delay in 5G product rollout

Huawei Technologies Co assured the public on Wednesday that its indigenous fifth generation technologies and solutions are "not at all impacted by the ongoing sanction" from Washington, and the company guarantees timely delivery for customers who have signed or are preparing to sign 5G procurement contracts.

The Chinese telecom equipment giant said it is optimistic about maintaining its large lead in the 5G competition and pledged to continue investment in the superfast network, which is set to revolutionize industries and transform lives.

"Huawei has already invested $4 billion in 5G, and that investment strategy will not change," said Hu Houkun, rotating chairman of Huawei, in a news conference in Shanghai.