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March 26, 2020

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Ericsson aims high

Ericsson has high hopes for the Chinese 5G construction and technology infrastructure markets, with huge investment in research and manufacturing in the country, an official from Europe’s biggest telecommunications equipment vendor said yesterday.

Carriers in China are expected to invest 1.29 trillion yuan on 5G between 2020 and 2025, according to GSMA, a leading mobile communications industry association.

“China is going to lead the 5G market globally,” said Zhao Juntao, president of Ericsson China.

Currently, China is Ericsson’s second-biggest regional market.




 

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