Samsung Intends To Revolutionize Mobile Connectivity Through 5G Networks – Expected To Be A Huge Player In The Market
After a series of bad decisions caused Samsung to trail behind its rivals in wireless technology standards, the South Korean tech giant aims to become a global phenomenon in 5G connectivity. Here are the moves that Samsung is going to be making against its rivals.
Samsung bets On 5G Wireless Technology – Suggesting To Become One Of The Top Three Players In The Industry
Samsung’s forte might be well-received in consumer electronics, but the firm is way behind the likes of companies such as Nokia, Huawei and Ericsson in wireless communication. After backing global wireless standards such as CDMA and WiMax; technologies that never got any noticeable traction globally, Samsung is aiming to move to 5G connectivity, and the company’s executives have stated that phone manufacturers are moving with sudden pace to ensure that such connectivity is brought to the masses as quickly as possible.
Samsung network business executive Kim Young-ky ha stated that the company intends on moving quickly with 5G:
“We plan to move quickly and want to be at least among the top three with 5G.”
From the information that we have gathered so far, 5G wireless networks could offer data speeds that are tens of times faster than 4G technology, which will ultimately enable futuristic products such as self-driving cars and smart-gadgets that tech firms expect to become ubiquitous in the homes of tomorrow. Major network firms are targeting the United States as it moves rapidly ahead with plans to open spectrum for 5G wireless applications. According to insights of US officials, the first large-scale commercial deployments of 5G are expected to reach completion by 2020.
In addition, South Korea and Japan are also moving swiftly to ensure that 5G connectivity will give a huge boost to economic activity. South Korean carrier KT Corporation intends to offer 5G trial services during the 2018 Winter Olympics in Pyeongchang. Moreover, Samsung is targeting more than 10 trillion won ($8.6 billion) in annual sales of 5G equipment by 2022, according to the statistics provided by a spokeswoman belonging to the company.
However, one thing that is not going in Samsung’s favor is the ability to convince carriers to increase operations at the expense of more established firms in the market. We will have to wait out and see how this plays along, but with 5G expected to bring in a new echelon of connectivity speeds as opposed to 4G, this particular technology is definitely going to be a game changer in the industry.