"ZTE has already invested a lot on 5G in terms of product designs. By 2015, we should have the first prototype of 5G network equipment to ensure that we are among the first vendors to launch the fifth generation network commercially in the international market," its senior vice president (wireless business) Xu Huijun told PTI.
Chinese telecom giant ZTE is going to introduce fifth generation (5G) technology products and expects to bring out a prototype by 2015 to usher in a much faster and better internet experience for users across the globe.
Globally, 4G technology allows speeds upwards of 100MB per second upto as much as 2GB per second. At this speed, a Bollywood movie of 650-750MB size can be downloaded in seconds. The next generation of services (5G) would allow even faster downloads and internet browsing.
"We have pressed some 1,000 top engineers to drive the 5G project," Xu said adding that the company will invest in next-generation technologies like 5G to enhance competitiveness and intellectual property capabilities to stay ahead in the ever-changing technology landscape and market environment," he added.
ZTE expects to double its global revenues from 4G-LTE infrastructure deployments this year to $1.6 billion from $800 million last year. It gained the largest share of China Mobile's 4G-LTE Phase I project in 2013 with a 26% share.
Xu is of the view that 5G would be a mix of multiple technologies with strong learnings from 4G.
"ZTE's engineers will initially use the 4G platform to create 5G network devices," Xu said.