Huawei to invest $600 million for 5G

Huawei is planning to invest additional $600 million for 5G research and innovation.

“5G will have a fundamental impact on the ICT industry and on our quality of life. Huawei is one of the driving forces in making 5G a reality,” said Dr Wen Tong, head, Wireless Research and head, Communications Technologies Laboratories at Huawei 2012 LAB.

“We began investing in 5G in 2009, and recently announced plans to invest an additional $600M for research and innovation into 5G technologies by 2018,” added Tong.

Huawei is taking decisive action to make the 5th generation of wireless systems (5G) a reality for Europe. At the [email protected] Summit, which brought together European policy makers, service providers and technology leaders in Munich yesterday, participants discussed how best to join forces to speed up progress towards achieving this objective.

5G is the next generation of ultra-fast wireless networks that will power the technology of tomorrow. Huawei is investing a tremendous R&D effort in 5G research and innovation and aims to turn this investment into technological progress for Europe thanks to an open and collaborative approach involving industry partners, consortiums, universities and leading innovation platforms around the world.

The [email protected] Summit provided opportunity to discuss the challenges and opportunities involved in 5G including long term vision and requirements, key technology drivers and innovation as well as societal benefits. Keynote speakers included Luigi Gambardella, chairman, ETNO and Thibaut Kleiner, Head of Unit ‘Network Technologies’ at the European Commission’s DG CONNECT.

Huawei predicts that the first 5G networks will be ready for commercial deployment in 2020, delivering 1,000 times the capacity of current mobile networks and reaching peak data rates of over 10 Gbps.

This ubiquitous connectivity will revolutionise the entire vertical industry and incubate emerging innovative industries. The 5G mobile network will for instance usher in the virtualised cloud computing platform, and the Internet of Things (IoT) is expected to achieve 50-100 billion connections by 2020.

Huawei calls for global collaboration among ecosystem partners, international trade associations, universities, governments and private sector companies to drive 4G and 5G technologies.

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