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Shunned by U.S., Huawei Winning China’s $170 Billion 5G Race

  • Lands $4 billion in network gear contracts from China Mobile
  • Beijing’s banking on 5G innovation to boost post-virus economy
Inside the MWC Shanghai Exhibition
Photographer: Qilai Shen/Bloomberg
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Huawei Technologies Co. is emerging as the runaway winner in China’s $170 billion effort to build out its fifth-generation wireless networks, part of a concerted effort by Beijing to seize the lead in a key technology from the U.S. while rebooting a virus-stricken economy.