5G commercial asymptotic release investment dividend

Recently, at the third phase of the 5G technology R&D trials held in Beijing, Wen Ku, director of the Information and Communication Development Department of the Ministry of Industry and Information Technology, said that the third phase of the 5G technology R&D trial will be a key step before 5G commercialization. The development and release of the third phase of the 5G technology test is particularly important.

In response to the third phase of the test, Wenku proposed four suggestions: First, it is necessary to closely follow the international standard process to accelerate the development of pre-commercial equipment; second, to play the role of 5G technology research and development test platform to accelerate the construction of a complete industrial chain; Combined with 5G frequency planning, it will promote the development of 3.5GHz and 4.9GHz simultaneously; the fourth is to promote the development of business applications and open the 5G application collection contest.

It is understood that for the 5G phase III trial, China Mobile, China Telecom, and China Unicom also introduced their respective 5G test plans. For example, China Mobile will unite 7 units and build 500 stations in five major cities to form 26 types of 5G business scenarios. In terms of the core network, China Telecom will use special projects and 5G pilots to conduct 5G typical case tests to verify and evaluate new applications and new functions. China Unicom is fully committed to supporting the 5G Phase III technical test. At the same time, China Unicom's 5G network will be characterized by simplicity, agility, openness, intensiveness, etc., with a simple, agile, open, and intensive, fast response and shorten new business. time online.

According to the relevant white paper issued by China Information and Communication Research Institute, in the early stage of 5G commercialization, operators will carry out large-scale network construction. By 2020, network and terminal equipment investment may reach 450 billion yuan.

With the acceleration of the 5G commercialization process, the layout of the 5G industry chain has gradually deepened, and the listed companies on the infrastructure side are poised for growth. The industry believes that from the perspective of beneficiary sub-sectors, leading enterprises in the sub-sectors such as fiber optic cable, base station, RF module, optical module, and integrated communication equipment manufacturers will fully share the incremental market share brought by 5G.

For example, the benign development of the RF front-end has enabled a large number of domestic listed companies engaged in the manufacture of RF devices to usher in new growth opportunities. Just like Chunxing Seiko, which integrates R&D, manufacturing and sales in the field of wireless RF front-end. It is understood that the main business of Chunxing Seiko is the one-stop solution for duplexer, tower, combiner, RRU structural parts, full-band duplexer and soft waveguide in the field of microwave transmission. supplier. Currently, it provides RF supporting services for TOP5 equipment suppliers worldwide, Huawei, Ericsson, Nokia and Samsung.

Shen Wanhong believes that the global communications industry is in the window of 5G standard formation and full commercial use. It is expected to be the turning point of capital expenditure in 2018, ushered in a smooth and long-lasting 5G investment cycle.