Arab Today, arab today samsung betting on 5g to jumpstart networks business
Last Updated : GMT 14:42:41
Arab Today, arab today
Arab Today, arab today

Samsung betting on 5G to jump-start networks business

Arab Today, arab today

Arab Today, arab today Samsung betting on 5G to jump-start networks business

Samsung betting on 5G to jump-start networks business
Suwon , South Korea - Arab Today

Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co. Ltd. aims to become a global top-three player in 5G mobile networks by moving quickly in markets like the US, an executive said.
The world’s top smartphone maker ranks well behind peers such as Nokia Corp, Huawei Technologies Co. Ltd. and Ericsson in the networks business, after backing CDMA and WiMax wireless technologies that never caught on globally.
The South Korean giant now sees an opportunity to catch up by moving fast and early on 5G, the wireless technology that telecom equipment makers are rushing to develop as the next-generation standard.
“We plan to move quickly and want to be at least among the top three with 5G,” said Kim Young-ky, Samsung’s network business chief.
“It’s important to get in early.”
5G wireless networks could offer data speeds tens of times faster than 4G technology, enabling futuristic products such as self-driving cars and smart-gadgets that tech firms expect to become ubiquitous in the homes of tomorrow.
Major network firms are targeting the US as it moves rapidly ahead with plans to open spectrum for 5G wireless applications. Some US officials expect to see the first large-scale commercial deployments by 2020.
South Korea and Japan are also racing to deploy 5G hoping the next-generation standard will boost economic activity. South Korean carrier KT Corp. aims to offer trial 5G services during the 2018 Winter Olympics in Pyeongchang.

LOFTY AMBITIONS
Samsung is targetting more than 10 trillion won ($8.6 billion) in annual sales of 5G equipment by 2022, a spokeswoman said.
This would be a big step up for a networks business that generated less than 3 trillion won in revenue last year, compared with 100.5 trillion won in mobile device sales.
Crucial to its plans is a partnership with New York-based Verizon Communications Inc. to commercialize the technology. Other firms working with Verizon on 5G include Nokia, Ericsson, Qualcomm and Intel Corp.
Verizon conducts field tests this year and aims to begin deploying 5G trials on home broadband services in 2017 in the US, likely the first 5G application commercially available before a broader mobile network standard is agreed.
Samsung — which was a distant fifth player in the global 4G infrastructure market in January-March, according to researcher His — declined to comment on what clients it expected to receive 5G equipment orders from.
As the industry has yet to decide on a 5G mobile standard, Samsung plans to start by selling equipment such as base transceiver stations and home receivers for fixed wireless broadband access.

Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung betting on 5g to jumpstart networks business Arab Today, arab today samsung betting on 5g to jumpstart networks business

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday