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 >
Dallas Fed December Manufacturing Index Indicates Expansion
Dallas Fed December Manufacturing Index Indicates Expansion
Dec 30, 2024
10:38 AM EST, 12/30/2024 (MT Newswires) -- The Dallas Fed's monthly manufacturing index rose to a reading of 3.4 in December from minus 2.7 in November, compared with expectations for a decrease to a reading of minus 3.0 in a survey compiled by Bloomberg as of 7:45 am ET. The index indicates expansion, which is in line with the Empire...
Factbox-Most brokerages expect Fed to hold rates steady in January meeting
Factbox-Most brokerages expect Fed to hold rates steady in January meeting
Dec 30, 2024
(Reuters) -Major brokerages, including BofA and Goldman Sachs, expect the U.S. Federal Reserve to hold interest rates steady in the upcoming January meeting, after the central bank delivered a quarter-percentage-point cut in December. Fed Chair Jerome Powell said more reductions in borrowing costs now hinge on further progress in lowering stubbornly high inflation. His remarks indicated policymakers were starting to...
US Dollar Falls Early Monday, Focus on New Year's Holiday, Manufacturing Data
US Dollar Falls Early Monday, Focus on New Year's Holiday, Manufacturing Data
Dec 30, 2024
07:30 AM EST, 12/30/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Monday to start off another quiet week broken up by the New Year's Day holiday on Wednesday. Monday's calendar includes the Chicago PMI report for December at 9:45 am ET, followed by pending home sales data for November at 10:00 am ET and...
US pending home sales hit 21-month high in November
US pending home sales hit 21-month high in November
Dec 30, 2024
(Reuters) - Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused on taking advantage of improved inventory despite stubbornly high mortgage rates. The National Association of Realtors (NAR) said on Monday its Pending Home Sales Index, based on signed contracts, rose 2.2% last month to 79.0...
Copyright 2023-2025 - www.financetom.com All Rights Reserved