Distinguished guests, Good morning!
I am Yang Chaobin, president of Huawei’s 5G Product Line. Thank you all for being here today.
Over three decades ago, President Ronald Reagan said that every new day begins with possibilities. 5G technology is great evidence of how true these words are today. Compared with 4G, 5G will deliver faster speeds, lower latency, and more secure connections. This will mean much better network experiences.
The Chief Architect of BT recently said: "Huawei is the only true 5G supplier right now." However, the 2019 NDAA still imposes undue restrictions on Huawei based solely on unfounded security concerns. We have an unblemished track record over 30 years in the 170 countries in which we operate.
Excluding Huawei and blocking fair competition will lead to higher-than-necessary network construction costs for American carriers, lower the speed of 5G deployment, and hurt the economy, ultimately preventing US citizens from enjoying advanced 5G networks and forcing them to bear extra communications expenses.
According to the Chief Technical Officer of Telus, Huawei’s presence in the market could “drop prices by 15% at least”. The GSMA estimates carrier capital expenditures in North America for 2017 to 2020 to reach around $136 billion. Even a 15 percent savings on that total from allowing Huawei to compete freely would amount to $20 billion.
In 2019, T-Mobile postponed the commercial use of its 5G network. AT&T announced that the speed of its so-called 5G network was less than 200Mbps, while Korea’s LG U+ can provide download speeds exceeding 1.3Gbps – facilitated by the deployment of Huawei 5G technology.
After researching in 5G for over a decade, we are at least 12 to 18 months ahead of our industry peers. We have more than 2,570 essential patents, signed over 30 commercial contracts for 5G, and deployed 40,000 5G base stations, making us the No. 1 5G vendor in the world.
Time and tide wait for no man. It took 10 years for 3G to reach 500 million users worldwide, 5 years for 4G, and we estimate it will be 3 years for 5G. Over 50 countries may allocate 5G spectrum resources this year. And Huawei has developed the most powerful, simple, and intelligent 5G networks.
I quoted President Reagan at the beginning but the full sentence is “Every new day begins with possibilities. It's up to us to fill it with the things that move us toward progress and peace.” Technology for the benefit of humanity is one such thing. It should not have any boundaries. Now it is up to the American people to decide whether to move forward.