Huawei to launch 5G smartphone in June 2019

Huawei will launch a 5G-ready Kirin chip in 2019 and a 5G smartphone in June 2019.

“To help global carriers roll out 5G networks, Huawei will launch E2E NSA 5G commercial systems on September 30, 2018, and E2E SA 5G commercial systems on March 30, 2019. Huawei will launch a 5G-ready Kirin chip in 2019 and a 5G smartphone in June 2019. These products will allow consumers that want higher speeds to enjoy an incredible 5G experience as soon as possible,” said Huawei Rotating Chairman Eric Xu.

Huawei is ready to work with industry partners, to invest and to innovate, so that together we can succeed in delivering the 5G mission added Xu.

“During the standardization process, Huawei will continue to recommend innovative technologies to other industry players, and we will never squeeze other companies or society as a whole. We aim to build a robust 5G ecosystem through fair and open collaboration,” says Eric Xu.

Over the past decade, mobile carriers have kept their CAPEX basically unchanged even though total data traffic has grown by more than 2,000-fold. CAPEX as a percentage of carrier revenue has declined from 17% to 12% however, OPEX as a percentage of carrier revenue has risen from 62% to 75% in the same period. And the ratio continues to rise.

So in the 5G era, whether we can stop or even reverse the continued increase in OPEX is a key factor to business success and we must make OPEX reduction a strategic priority for 5G commented Eric Xu.

 

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