Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
Tech
News18 » Tech
1-min read

ZTE to Double 5G Research Spending

China Mobile, the country's largest state-owned telecom operator, started field tests of China's first 5G base station in the southern city of Guangzhou last week.

Reuters

Updated:June 30, 2017, 9:59 AM IST
facebookTwitterskypewhatsapp
ZTE to Double 5G Research Spending
In this file photo, the logo of China's ZTE Corp is seen on a building. (Photo: Reuters)
Loading...

Chinese telecom equipment maker ZTE Corp will double its research spending on fifth-generation mobile network (5G) from this year, the company said, as China steps up the push to build the world's largest 5G network. ZTE said it would invest 2 billion yuan ($295.5 million) in 5G research and development every year starting this year, up from 1 billion yuan invested last year. The budget could rise further as China aims to roll out 5G by 2020, the company said.

Read more: Apple iPhone Turns 10, Bumpy Ride For The Device Forgotten

China and the United States are racing to lead the development of 5G technology, which will be significantly faster than the current 4G network. International standards for 5G are yet to be finalised.

China's cumulative 5G capital spending is expected to rise to 1.65 trillion yuan by 2025, a recent research paper from the Ministry of Industry and Information Technology forecast, with equipment makers such as ZTE and Huawei Technologies set to be major beneficiaries.

China Mobile, the country's largest state-owned telecom operator, started field tests of China's first 5G base station in the southern city of Guangzhou last week.

Read more: Apple iPhone Turns 10, Bumpy Ride For The Device Forgotten

ZTE said it currently employed 3,000 people engaged in research and development for 5G. A spokeswoman for the company declined to say if it planned to increase that headcount.

The Tech And Auto Show – Episode 4

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

| Edited by: Krishna Sinha Chaudhury
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results