Huawei and ZTE heavily invest in 5G research and development
Update: According to the Korea Herald, LG U Plus is planning on partnering with Huawei for 5G as well.
What comes after 4G? 5G! …and it’s no secret that it’s a recent buzzword and trending topic. If you want to know more about what 5G is, and whether you should care about it or not, make sure to read our own Joe Levi’s piece explaining the technology.
According to a recent report citing official word from the horse’s mouth, Huawei and ZTE are not only interested in 5G, but the companies are heavily investing in research and development. US$600 million is what Huawei, and roughly US$336 million (EUR300 million) is what ZTE are planning to budget research and development of 5G.
Additionally, according to the report, Huawei will cooperate with major carriers like Vodafone and Deutsche Telekom for the research and development of 5G. ZTE, in the other hand, has an agreement in place with Japan’s SoftBank in order to deploy in-house-developed pre-5G technology in the Japan market (“commercial trial scheduled for early 2016 and pre-5G device prototypes to be developed in 2016-2018”, claims the aforementioned report).
5G standards, development, applications, and deployment might be a little further down the road, but smartphone (and networking equipment) makers (together with network operators) are preparing to embrace the next generation networking standard. Early 2016 is when the International Telecommunication Union (ITU) should release technological definitions of 5G standards; final specification should be ready around 2020.