With the widespread deployment of 5G around the world, many Chinese manufacturers are accelerating their expansion into overseas markets while providing 5G products and services to domestic users. The latest data released by research institute Counterpoint shows that in the first quarter of this year, Chinese brands accounted for 6 of the top 8 smartphone sales in Europe, among which Xiaomi, OPPO, vivo, etc. all achieved growth; in the Indian smartphone market, China Manufacturers even accounted for a combined 75% of the share.
5G has the advantages of high speed and low latency, which can bring consumers a better application experience. Since the beginning of this year, Xiaomi, OnePlus, OPPO, vivo, etc. have all launched 5G mobile phones equipped with Qualcomm’s flagship 5G mobile platform Snapdragon 888, which has further improved the user experience. On the other hand, Qualcomm’s 5G mobile platform also includes Snapdragon 7 series, 6 series and 4 series, which can cover terminal products in more price ranges, and support all major 5G frequency bands in the world, helping Chinese partners to quickly expand overseas markets.
Some time ago, the San Diego Union-Tribune reporter Mike? Freeman specifically interviewed and commented on Qualcomm’s president and CEO-designate Ammon, who believes that he attaches great importance to the Chinese market and leads Qualcomm’s efforts to expand partnerships with Chinese smartphone makers such as Xiaomi, OPPO, and vivo — many of which Hope to sell end products not only in China but also in Europe, Latin America and other regions around the world. Anmon also revealed in the interview that the process took him seven years. He travels frequently to China, once or twice a month, to meet with clients to understand what Qualcomm needs to do differently and how to build the company’s position.
In addition to smartphones, Qualcomm’s business is also involved in automotive, telemedicine, robotics/drones, virtual reality, and smart factories. According to Qualcomm’s just released financial report, in the second quarter of fiscal 2021 ended March 28, its IoT business revenue reached $1.073 billion, exceeding $1 billion for two consecutive quarters. With the continued commercialization of 5G, Qualcomm’s technologies, products, and solutions will also accelerate into multiple vertical industries. Qualcomm CEO Mollenkov also said in an interview that 5G will also achieve growth in more and wider industries. Anmon’s understanding of customers and the ecosystem around 5G gives him a unique advantage in gaining insight into new opportunities.
In the field of IoT, Qualcomm has also cooperated extensively with Chinese manufacturers. For example, in July last year, Qualcomm and more than 20 companies including China Mobile, SIMCom, Guanghetong, Thundercomm Lianda, and Meige Intelligence jointly launched the “5G Internet of Things Innovation Plan” to accelerate terminal form innovation, ecological cooperation innovation and digitalization. Upgrade and innovate, and draw a 5G IoT ecological blueprint. At present, many Chinese module manufacturers have launched a series of 5G modules based on Qualcomm solutions, which can be used in fields such as news live broadcast, industrial inspection, warehousing and logistics, and have broad application prospects.
The 5G modules launched by these Chinese manufacturers, like 5G mobile phones, can also support the corresponding 5G frequency bands according to the 5G commercial situation in various regions. For example, Guanghetong 5G modules FM150-AE and FG150-AE successfully passed the Deutsche Telekom certification last month, and can be used for the deployment of related 5G projects in the Deutsche Telekom network environment. In February of this year, Qualcomm launched the world’s first 5G modem-to-antenna solution Qualcomm X65 compliant with the 3GPP Release 16 5G standard, helping to accelerate the expansion of 5G from mobile phones to more industries. At present, SIMCom, Guanghetong, Meige Smart, etc. have launched a series of 5G modules based on this solution, involving 5G Sub-6GHz modules and 5G millimeter wave modules.
It is believed that with the extensive coverage of 5G around the world and the expansion of applications in thousands of industries, more Chinese companies will accelerate their overseas development like mobile phone manufacturers and seize the opportunity of 5G to achieve global development. Please wait and see.
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