Qualcomm says 5G is expected to create $12.3 trillion in economic output, and 6 stocks offer major development opportunities

Qualcomm says 5G is expected to create $12.3 trillion in economic output and 6 stocks will create major development opportunities
Abstract
[Qualcomm says 5G is expected to create 12.3 trillion U.S. dollars in economic output and 6 stocks will create major development opportunities] Many industry insiders said that 5G After the network is commercialized, it will drive the development of applications such as the Internet of Vehicles, the Internet of Things, drones, and cloud computing. 5G will not only become a new round of development opportunities for the global communications industry, but will also create opportunities for the rise of various emerging information technologies. At present, global communications companies including Huawei, ZTE, Qualcomm, Ericsson, and Nokia have actively deployed around 5G in order to take the lead in future industry competition. (Securities Times Network)

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 February 22, Qualcomm The company released a forecast at the Qualcomm 2017 5G Summit that 5G will create 12.3 trillion US dollars in economic output globally by 2035, and the 5G value chain will create 22 million jobs worldwide. .

Accordingtotheworkplanofrelevantinternationalstandardsorganizations,thefirstversionofthe5Gstandardisexpectedtobeofficiallyreleasedin2018.Duetothehugemarketprospectsof5G,itisexpectedthatbeforethiscriticalpointarrives,manymanufacturersaroundtheworldwillaccelerateresearchanddevelopmentandlaunchindustriallayoutaround5G.

AccordingtotheEconomicInformationDailyonthe23rd,thelatestreportreleasedbyQualcommpredictsthatby2035,5Gwillcreate12.3trillionUSdollarsineconomicoutputglobally,andtheglobal5Gvaluechainwillcreate3.5trillionUSdollarsinoutput.,whilecreating22millionjobs.AnaverageofUS$200billionwillbeinvestedinthe5Gvaluechaineachyear,whichwillsupportthelong-termsustainablegrowthofglobalGDP.Itisexpectedthatfrom2020to2035,5G’scontributiontoglobalGDPgrowthwillbeequivalenttoaneconomythesamesizeasIndia.

Manyindustryinsiderssaidthatafterthecommercializationof5Gnetwork,itwilldrivetheInternetofVehicles,theInternetofThings,anddrones,cloudcomputingandotherapplications.5Gwillnotonlybecomeanewroundofdevelopmentopportunitiesfortheglobalcommunicationsindustry,butwillalsocreateopportunitiesfortheriseofvariousemerginginformationtechnologies.Currently,itincludesHuawei,ZTE,Qualcomm,Ericsson,Nokia,haveactivelydeployedaround5Ginordertotaketheleadinfutureindustrycompetition.

A-sharecompanies:

MaijieTechnology:Thefiltersproducedwillbenefitfromthesubstantialincreasein5Gmobilephonecommunicationfrequencybands.

 TongyuCommunications:Thebasestationantennabusinessisexpectedtogrowsignificantlyafterthelarge-scaleconstructionof5Gbegins.

 ZTE:OneoftheleadersinChina’schipindustry,itssubsidiaryZTEMicroelectronicsisamanufacturerofdomesticchipspioneer.TheGroupisoneoftheleadingcommunicationequipmentsuppliersintheChinaTelecommarket,anditsvariousproductshavealsosuccessfullyenteredtheglobaltelecommunicationsmarket..

 DatangTelecom:Mainlyengagedinintegratedcircuitsandchips,andisaleadingenterpriseinchiplocalization.High-endfive-modechipshavebeenwidelyused,andtheydominatethemilitarychipmarket.

 XinweiCommunications:Mainlyengagedinmobileterminalantennas.Itsmainproductsincludemobileantennas,Bluetoothantennas,Antennacomponents,mobilephoneTVantennas,GPSterminalantennasandothermobileterminalantennasaremainlyusedinvariousportablemobileterminalproductssuchasmobilephones,laptopsandnetbooks.

 FiberHomeCommunications:Basedonthemainbusinessofopticalcommunications,weactivelytransformandexpandtheICTmarket.

(Original title: Qualcomm says 5G is expected to create an economic output of US$12.3 trillion, benefiting 6 stocks)

(Editor: DF064)

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