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July 8, 2019

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China to lead 5G shipments

China is expected to take the lead in 5G smartphone shipments in 2023, an industrial report showed.

Nearly 800 million 5G smartphones will be delivered in 2023 globally, while Chinese mainland, Taiwan, Hong Kong and Macau might account for 34 percent of the total shipments, global technology market analyst firm Canalys reported.

Canalys forecasted that in 2020, 17.5 percent of smartphones shipped in China will be 5G-capable and this percentage will rise sharply to 62.7 percent in 2023. “Chinese operators’ investment in 5G will reach US$5 billion this year and around 70,000 to 90,000 5G base stations will be built across the country,” said analyst Mo Jia.

The government’s initiatives to accelerate 5G development are a powerful and effective driver for faster roll-out in markets.




 

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