140 Operators Live With 5G, 270 More on Deck: Qualcomm CEO
Commercialization of 5G “continues to be strong,” Qualcomm CEO Steve Mollenkopf told his company's annual meeting Thursday, his last before his June retirement when he will be replaced by President Cristiano Amon. “We're early on” but 2020 “was the year…
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that 5G really started to ramp,” Mollenkopf said. More than 140 operators have launched it in nearly 60 countries, and 270 more operators “are investing, making their plans known to go to 5G,” he said. Qualcomm expects a billion 5G connections in 2023, “two years faster than that same mark in 4G,” he said. Adoption of 5G smartphones remains "strong,” said Mollenkopf. Industry sold 225 million 5G smartphones in 2020, he said. “We expect that to grow to 500 million at the midpoint in 2021 and continue to grow.”