5G carrier biz, R&D investment to help Huawei thrive: Report

New Delhi: Hit hard by the US sanctions on the consumer side, the 5G carrier and enterprise businesses will play a more important role in Huawei’s overall growth over the next several years, according to a new report.

An expansion in home market and R&D investments could be the foundation of Huawei’s survival plan, said market research firm Strategy Analytics.

The report said that although the carrier business revenue also dropped in the first half of 2021, the aggressive 5G network expansion by Chinese carriers is expected to boost Huawei’s performance in the next few years.