Shanghai, China, February 22, 2021] Huawei's Executive Director and Carrier Business Group President Ryan Ding gave a keynote speech at the company's "5G Brings New Value" forum held at the MWC Shanghai 2021, where he announced the official launch of Huawei's new 5GtoB solution. During his speech, Ding talked about the developments, commercial returns, and opportunities for industry digitalization that 5G would bring.
The 5G industry has been developing faster than expected, with operators already seeing commercial returns from the first wave of 5G rollouts. The 5G user base and the number of 5G devices in commercial use have exploded since 2019. By the end of 2020, 380 5G devices had hit the market, 8 times more than there were the year before. The mobile 5G user base had also reached 220 million and wireless home broadband connections reached 1.05 million, a 17 and 21 times YoY increase, respectively. Ding claims these numbers will triple in 2021.
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