The Chinese company Huawei will set up Russia's 5G communications network. A was signed between the two countries on Wednesday following a between Chinese leader Xi Jinping and Russian president Vladimir Putin in Moscow. Huawei will develop the very next-generation 5G network in Russia over the next year. Reporters say the deal will see, "the of 5G technologies and the launch of fifth networks in 2019 and 2020". This will bring -edge technology and high-speed Internet to Russia. Huawei's chairman Guo Ping said he was "very " with the agreement "in an area of importance like 5G".
The Huawei deal with Russia comes as a for the tech company, which has had a time in recent months. The USA has blocked the company, citing it as a national security . This resulted in Google denying services to Huawei phones. Huawei gets half of the chips it uses from US . Some journalists say the US banning of Huawei could be the of the biggest trade war ever. In addition, the UK-based technology company ARM has cut with Huawei. ARM was a key supplier of -conductors for Huawei's phones. Australia, Japan and New Zealand have followed in banning Huawei from participating in government contracts due to security concerns.
