India is still to roll out 4G networks properly and the players across the globe have already started working on the fifth generation networks. According to a report by TOI, Huawei believes that the 5G network standards will be out by 2015 and the tech will be set by 2020. It will basically be developed to increase the efficiency while reducing the energy required for the purpose. Huawei in fact had started their groundwork on 5G in 2009 and has also hired a team of 200 engineers on the R&D work for the network. Also Read - Huawei Mate 40 series official poster teases the octagonal camera module
The report has quoted Wen Tong, head of the 5G mission at Huawei Technologies, the Chinese telco, commenting that, “The industry will be 5G ready by 2020. The idea is to increase the thru-put by 1,000 times with 1,000 times more spectrum and 1,000 times reduced energy.”
It is not only Huawei, as other telecom firms like Ericsson and Samsung have also started working on the 5G network, as the next generation network will rather be important for all these players. On this, Tong added that “This is one of the top priority areas for us. We started work on this in 2009. The standards for 5G will be out in 2015 and rollout could be 2020. We will lead the 5G revolution,” he said.
The 5G network is expected to work in connecting multiple devices through mobile devices. It could possibly work as a common platform to run more gadgets and even household appliances. That ways, it will be more cost and tech effective.
As far as Huawei’s Indian business go, the company has set targets to double their revenues to $70 billion, achieved by 2017.