Ken Hu, in his speech at the opening of the forum, talked about three areas of opportunity for the development of 5G.
Current status of global 5G development
“There are currently 176 commercial 5G networks worldwide, serving over 500 million subscribers. On the consumer side, the average download speed of 5G is about 10 times faster than 4G, which allows applications such as virtual reality (VR) and 360-degree broadcasting to be spread to wider audiences. In the corporate field, we can say that more than 10,000 projects have already discovered the use of 5G in the business world (5GtoB). 5G applications in industries such as manufacturing, mining and port management have already left the experimental stage and their number continues to increase.”
Ken Hu noted that despite steady progress, there are still some areas for improvement. “Over half of the 10,000+ enterprise 5G projects mentioned now are underway in China. There are already many projects, but we need to create more sustainable business examples.”
In the continuation of his speech, Ken Hu talked about the accelerated digital transformation caused by the pandemic, the fact that cloud computing and artificial intelligence have become indispensable for businesses, and the long-term transformation processes in the IT industry. “These trends present many opportunities for our industry, but also pose some challenges. There are a few things we can do to be ready for these challenges,” said Hu.
“First, the industry with its network systems, devices and content needs to be ready to make the leap in augmented reality (XR). For a seamless cloud-based XR experience, latency needs to be less than 10 milliseconds and download speeds greater than 4.6 Gbits/second. Last year, we announced our 5.5G goals. We believe that relevant industry representatives will help us overcome this challenge.”
“Secondly, it is important for telecommunications operators to strengthen their network systems and develop their capabilities for the business use of 5G. A strong network structure is key to industrial 5G applications, so operators need to make improvements to their network systems. Since industrial scenarios are much more complex than consumer scenarios, there may be problems with operation and maintenance. To that end, Huawei is developing autonomous solutions that make 5G networks smarter, from planning and construction to maintenance and optimization.”
“Third, the industry needs to become even more prepared to use green technologies. According to the World Economic Forum, by 2030, thanks to digitalization, global carbon emissions can be reduced by about 15%. On the other hand, we must acknowledge that the carbon footprint is growing in our industry. “Huawei uses new tools and algorithms to reduce power consumption in its products, reshapes base stations for greater efficiency, and further refines power management in data centers.”
“Digital transformation also requires taking on different roles. For example, operators can serve as cloud service providers and systems integrators in addition to the connectivity services they offer. It is also important to be able to develop industry-specific telecommunications standards to drive greater adoption of 5G across industries.”
Ken Hu ends his speech; “While these may seem like non-profit steps, they will be the key to long-term competitiveness in the corporate 5G market. The pandemic has brought about significant changes in technology, business and economy in the last two years. As the world begins to recover from the effects of the epidemic, we need to be prepared for new opportunities.