financetom
Economy
financetom
/
Economy
/
50 lakh 5G smartphones to be delivered in 2019, says report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
50 lakh 5G smartphones to be delivered in 2019, says report
Jan 9, 2019 5:30 AM

Android smartphone makers are poised to launch 5G-based models in 2019, but the production volume is expected to reach only 5 million units, a report said on Wednesday.

Major smartphone makers, such as Samsung Electronics Co. and Huawei, have actively invested in the development of 5G devices to take initiative in the market, according to industry tracker TrendForce, Yonhap news agency reported.

The penetration rate of 5G models, however, will only reach 0.4 percent since the construction of related infrastructure has not been fully completed, the report said.

TrendForce said 5G base stations for commercial communication is not widespread with the infrastructure unlikely to be set up until 2022.

The report noted that a widespread 5G architecture is also necessary to make 5G smartphones more popular, and telecom providers need to deploy 5G networks at a faster pace.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Taiwan president briefed ahead of possible US tariffs
Taiwan president briefed ahead of possible US tariffs
Mar 30, 2025
TAIPEI, March 31 (Reuters) - Taiwan President Lai Ching-te met senior officials on Sunday night to discuss the possible impact of U.S. tariffs and receive an update on contingency plans, his office said on Monday. Trump administration officials, including Treasury Secretary Scott Bessent, have said that much of the reciprocal U.S. tariff focus will be on 15 countries that have...
Bitcoin Set for April Price Surge as Fed Signals Monetary Easing
Bitcoin Set for April Price Surge as Fed Signals Monetary Easing
Mar 30, 2025
In the wake of hints from the Federal Reserve about possible monetary easing, Bitcoin (CRYPTO: BTC) and other cryptocurrencies are projected to experience a price surge in April. This comes despite recent drops in cryptocurrency prices, spurred by inflation concerns and tariff threats from President Donald Trump. What Happened: Recent report revealed a drop in Bitcoin’s price to approximately $80,000...
India and US making progress towards trade deal, officials say
India and US making progress towards trade deal, officials say
Mar 29, 2025
NEW DELHI, March 29 (Reuters) - Indian and U.S. officials made progress towards a bilateral trade agreement during several days of talks in New Delhi, they said on Saturday. The negotiations, led by officials from India's commerce ministry and a U.S. trade delegation headed by Brendan Lynch, assistant U.S. trade representative for South and Central Asia, were held from March...
Goldman Sachs expects US Fed to deliver three rate cuts in 2025
Goldman Sachs expects US Fed to deliver three rate cuts in 2025
Mar 30, 2025
(Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to deliver three quarter point interest rate cuts this year, citing tariff uncertainty.The Wall Street brokereage expects three consecutive cuts this year in July, September, and November, compared to its previous forecast of two cuts in June and December, it said in a note on Sunday. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved