ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, hosted a 5G industry summit on the opening day of MWC Shanghai focusing on innovation, practice, collaboration and a win-win strategy to promote the healthy and sustainable development of the 5G industry. With the aim of exploring new industry requirements and building a new 5G ecosystem, key industry organisations (e.g. the China IMT-2020 (5G) Promotion Group, Telefonica, SoftBank, China Mobile, China Unicom, China Telecom, Intel, and Qualcomm), world-leading carriers and chip vendors attended the summit and shared their views on 5G industry collaboration, spectrum collaboration, unification of standards, technological innovation, commercial practice and industry applications.
Mr. Zhang Jianguo, Senior Vice President of ZTE, delivered a keynote address at the opening ceremony. He called on participants to promote the unification of standards, advocate continuous innovation, expand cross-border cooperation and strengthen business practices to greet the 5G era. “Evolution and revolution will coexist in 5G development, and both of these need continuous innovation,” said Mr. Zhang Jianguo. “ZTE is willing to go all out with industry partners in standards, spectrum, technology, architecture, practices, and other ecosystem fields in order to make 5G a reality,” he added.
As a revolutionary technology in communications history, 5G is intended to support the advent of the Internet of everything (IoE), which profoundly changes everyone's lives by connecting people to people, people to machines, and machines to machines. 2017-2018 will be an important transitional phase in 5G development history. Theoretical 5G technology standards will be put into practice and lay a foundation for the large-scale commercial use of 5G networks in the future. However, various uncertain challenges (current, remote, local, and overall) will arise, and only the unification of 5G standards, the strengthening of technological innovation and the promotion of cross-border cooperation will really contribute to the commercial process of 5G technologies and make 5G a reality.
ZTE officially released its 5G End-to-End Solution for the commercial use of 5G networks in 2018 and its 5G Core Network White Paper, and presented its views on 5G industry development and the latest achievements of ZTE’s 5G research and testing.
