The International Neuromodulation Society held the annual meeting of the Chinese Neuromodulation Society in Beijing, China on September 8 and 9. One of the key highlights of the event was the keynote speech by Honor’s president George Zhao during the event. The Honor president’s speech was titled “Smartphone Innovations in the Age of 5G” and in the course of the lecture, the CEO revealed that Honor will launch its first 5G smartphone in 2019.
With this announcement, Honor joins the growing list of OEMs which includes Huawei, Xiaomi, OPPO, ZTE, LG, Samsung, Lenovo etc, that are set to release their 5G phones next year. Mr Zhao didn’t put any specific time but we expect it to happen in the first half of 2019. No doubt, this is certainly a big move for a brand that’s largely seen in the U.S. and elsewhere as a more affordable option when compared to the likes of Samsung, Google, Apple, and others. However, it isn’t much of a surprise since Honor’s parent com[any, Huawei is at the forefront of the development of 5G technology infrastructure.
As a reminder, 5G refers to the next-generation mobile internet technology which has the potential to enable people to download films and stream high bandwidth video for technologies such as virtual reality. It will also bring rapid developments in AI. Apart from consumer applications, the technology will come in useful in connecting infrastructure in cities and in the adoption of driverless cars. A recent report by IHS Markit projects that 5G will power $12.3 trillion of global economic output by 2035.