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Pessimism grows over 5G after Huawei warns benefits likely to be negligible

Huawei, which has trumpeted its role in 5G, poured cold water on the technology, saying most consumers would not notice its benefits and operators would struggle to make money from it.

The reversal came as 5G has moved to the political agenda, with components ensnared in the US-China trade war and fears of Huawei’s supremacy in the technology prompting Donald Trump to block Broadcom’s acquisition of Qualcomm.

Speaking at the group’s analyst event in Shenzhen yesterday, rotating chairman Eric Xu said that while 5G was faster and more reliable, consumers would find no “material difference between the two technologies”.

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