Huawei Australia CEO  Hudson Liu has told staff marking the Shenzhen-based firm’s 15th anniversary of entering the Australian market that the company would “never give up” on the local market.

Huawei Australia, which entered the Australian market in 2004, now has some 700 employees across the country and is generating annual revenues of about A$750 million across its network, consumer and enterprise business divisions.

“We accept that the Australian Government policy on 5G may not change in the short term but we will never give up on the Australian market, we are committed to this country in both the good times and bad times,” said Liu.“Our network business will continue to bring in solid income as we continue to deliver 4G for our existing customers and our consumer and enterprise businesses are still growing.

“No matter what is going on around us we will keep our faith in our technology and we will be patient for our opportunity to arise,” he added.

Liu said that while Australia would likely not be the first country to deploy Huawei’s 5G technology – as the firm had hoped it would be before the 5G ban was imposed- he hoped that over time that situation might change.

“Huawei has already established itself as the clear 5G leader in the global market with 50 5G contracts signed – over half of them in Europe – and commercial services already launched in the UK, Spain, Switzerland, South Korea and the Philippines and others,” he said.