5G is the future, and the cutting-edge technology China and the US scramble for the leading position. Here are the latest 5G innovations news.
Greater Bay Area 5G Industry Alliance Launched in Hong Kong China Mobile （HKEX：0941 NYSE：CHL） HK, China Mobile Guangdong, CTM and Guangdong Communication Industry Association jointly initiated the “Greater Bay Area 5G Industry Alliance” to promote the development of 5G industry in Greater Bay Area and turn the area into an international scientific and technological innovation center.
Strategy Analytics: Huawei Holds Key to 5G Market Reaching 160 Million in 2020 According to the latest research from Strategy Analytics, global sales of 5G smartphones will reach 160 million in 2020 – if 5G takes off as expected in China. Huawei is best positioned to capture the majority of China’s 5G smartphone sales and could leverage that success to regain its global smartphone standing.
August 2019 5G Ecosystem Report confirmed that the number of announced 5G devices has passed a major industry milestone, with 100 5G devices now announced globally Last week, the Global mobile Suppliers Association (GSA)’s August 2019 5G Ecosystem Report confirmed that the number of announced 5G devices has passed a major industry milestone, with 100 5G devices now announced globally.
China Mobile: This year, 5G invested 24 billion yuan in annual capital expenditure up to 166 billion yuan At noon on August 8, China Mobile released its first half of 2019 earnings. The report shows that in the first half of this year, China Mobiles operating income reached 389.4 billion yuan, down 0.6% from the same period last year, of which 351.4 billion yuan was the main telecommunications service income, down 1.3% from the same period last year