MADRID, May 10 (Xinhua) -- At the 5G Mobile Private Networks Roadshow hosted by the Spanish capital on May 9-10, Chinese multinational technology company Huawei highlights the transformative power of 5G technology in industry and society.
At Atletico Madrid's Wanda Metropolitano Stadium, Huawei showcases the innovative possibilities offered by the new 5G networks.
The company's aim is to show how these technologies will transform the industries and businesses, and improve the lives of people and the environment in areas such as teleworking, culture, leisure, tourism, sports, shopping, internet browsing and access to multimedia content.
"5G is bringing about a real revolution in society at all levels. However, today it is in the industrial field where this change is being most appreciated and where it is providing mobile operators around the world with revenues of more than 2,000 million euros (2,100 million U.S. dollars)," Eric Li, chief executive officer (CEO) of Huawei Spain, explained.
At its mobile demonstration center, Huawei displays different applications and uses for 5G technology in areas such as logistics, the automobile industry, petrochemicals, ports, mining or metallurgy.
Huawei is helping Spain promote its 2025 Digital Agenda and is actively collaborating in the deployment of telecommunications infrastructure, especially in the fields of fiber and 5G networks, where it is involved in three of the country's ten main pilot projects.
On a global scale, the company boasts the second highest investment in research and development (R&D), as reflected in the European Union's (EU) 2021 Industrial R&D Investment Scoreboard.