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Richard Yu, CEO of Huawei Consumer Business Group speaks as he unveils the 5G modem Balong 5000 chipset in Beijing, Thursday, Jan. 24, 2019. Chinese tech giant Huawei has announced plans to release a next-generation smartphone based on its own technology instead of U.S. components, stepping up efforts to compete with global industry leaders. (AP Photo/Andy Wong)

Richard Yu, CEO of Huawei Consumer Business Group speaks as he unveils the 5G modem Balong 5000 chipset in Beijing, Thursday, Jan. 24, 2019. Chinese tech giant Huawei has announced plans to release a next-generation smartphone based on its own technology instead of U.S. components, stepping up efforts to compete with global industry leaders. (AP Photo/Andy Wong)

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