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Huawei records jump in 5G contracts

5g News - Published on Wed, 17 Apr 2019

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Xinhua reported that Huawei Technologies Co said that it has so far secured 40 commercial 5G network contracts, up from 30 announced in late January. Hu Houkun, rotating chairman at Huawei, said at a global analyst conference in Shenzhen that the fifth generation mobile communication technology is coming much faster than the global telecom industry had expected. He quoted a report from the market research agency IHS Markit that “In the first year after the telecom standards were frozen, four 5G chipsets are unveiled in the global telecom sector and over 40 5G smartphones are expected to be available, but none 4G chipsets and 4G smartphones had been unveiled within a year after its standards were finalized. Also globally, more than 100,000 5G base stations are expected to be shipped, compared with just 400 4G base stations shipped during the same time frame.”

According to him, 5G is not just a faster 4G, but a revolution. Its massive capacity to connect things and extremely fast response speed will bring revolutionary changes, such as putting almost everything online to boost efficiency.

He said "This year, 5G will trigger the tipping point in virtual reality and augmented reality, because it can solve the technological bottlenecks that are blocking the industry's development.”

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Posted By : TelecomGuru on Wed, 17 Apr 2019
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