Choichi Tosaka, chief executive of the Japanese materials and electronics company Taiyo Yuden, has predicted in an interview with the website Gizchina.com that Huawei may sell 100 million 5G smartphones in China in 2020.

Axar.az reports citing Sputnik.

The forecast comes after Huawei Rotating Chairman Guo Ping urged companies last month to build partnerships with the Chinese telecom giant to develop 5G technology applications, insisting that its participants will be “the biggest winners”.

“This is a huge market worth trillions of US dollars. The biggest winners will be our partners”, Guo was quoted by CNBC as saying.

He made the comments during a Web Summit tech conference in Lisbon, where Huawei’s top executive discussed the spread of new superfast fifth generation commercial networks that would enable the transmission of large amounts of data.

Guo said that the rollout was going “more rapidly than expected” and that “we predict by the end of this year we will see 60 commercial 5G networks”.