Huawei Technologies is calling on the information and communications global technology industry to cooperate for the development of the next generation of 5G networking technologies.
Hu Houkun, rotating chairman of Huawei recently stated that “5G has provided a considerable upgrade in mobile experiences for consumers, and it’s already starting to empower different industries around the globe. Progress was much faster than we expected, especially in terms of subscriber base, network coverage, and the sheer number of 5G terminals on the market.” The senior official made the statement during the Chinese tech giant’s 12th annual Global Mobile Broadband Forum earlier this week.
Notably, the call for cooperation arrives after 5G networking has seen five years of commercial deployment. As of right now, there are currently 176 commercial 5G networks around the globe that offer services to more than 500 million customers. Furthermore, the average download speeds of the latest generation of networking is roughly 10 times faster than 4G network, which has had a positive impacts in various fields.
At the moment, the enterprise market already has over 10,000 projects that are exploring B2B applications of 5G. This includes the manufacturing, mining, and ports businesses that have passed the trials, which are fields Huawei has recently been shifting its focus towards. Hu further added that “Right now more than half of these 10,000 5G to B (5G to business) projects are in China. We have a huge number of use cases already, but we need to build more sustainable business cases.”
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