21 September 2018

Huawei to invest US$600 mln on R&D work for 5G, paper says

Telecom equipment giant Huawei Technologies Co. Ltd. announced on Wednesday that it will invest at least US$600 million in research and development of fifth-generation mobile technology by 2018, China Daily reported Thursday. The company’s move is part of a global trend that involves major telecom companies moving into 5G technology development as early as possible, the paper noted. Huawei expects the first 5G networks to be ready for commercial deployment starting in 2020. 

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