Game on for Chinese 5G Tech Companies

“5G is a once-in-a-decade opportunity for smartphone makers” James Yan, research director, Counterpoint Technology Market Research

“They are betting on the new-generation of mobile communication technology to cope with a year-long downward spiral in global smartphone shipments, and more importantly, to prepare for a promising future where 5G devices will enable a slate of new applications,” said James Yan, research director at Counterpoint Technology Market Research.

According to a report by the Counterpoint, global 5G smartphone shipments are expected to reach 108.2 million units in 2021, up an estimated 255pc year-on-year, partially offsetting the continued shrinking of 4G handset sales.

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