Huawei: Unlock 5G Potential and Strengthen 5G for Business

The second session of Huawei’s online 5G+, Better WorldSummit was held. Through live video streams, analysts, and representatives of operatorsand industry partners shared their thoughts on how innovative 5G applications could
improve industry efficiency and security and bring value to industries such as port,agriculture, healthcare, and iron and steel. Bob Cai, the Chief Marketing Officer of HuaweiCarrier BG, delivered the opening speech, calling for unlocking the potential of 5G and solidly strengthening 5G for business.

“5G development has entered a new phase,” Mr. Cai said, “With over 80 5G networkscommercially available worldwide, determining how to leverage 5G to create more value is currently a topic of great interest within the industry. Currently, 5G for business is still more of a branding concept, and more solid work needs to be done. To build a positive business cycle, work should be done in four aspects: technology, ecosystem, standards, and business model.
1. Technology readiness: We must continuously innovate 5G technology and productsto address the pain points of industries. For example, the 5G Super Uplink solutionaddresses various industries’ needs for optimal and always-available uplinks.
2. Mature ecosystem: 5G industrial modules have been widely commercialized, anddevices such as 5G cameras, 5G industrial CPE, and 5G industrial routers are now available in the market. Looking ahead, more commercial 5G devices are required for
different industries in order to ensure the prosperity of the 5G ecosystem and lowerthe costs for industries to adopt 5G.
3. Unified standards: In terms of 5G services for business, development from zero to onerequires innovation, but further growth beyond one requires unified industry standards.Industries should take the lead to set 5G industry standards that allow 5G to be rapidlyapplied to industries.
4. Shared commercial success: We must keep exploring business models of 5G servicesfor business that can benefit all industry partners and help them grow together.”Other guest speakers who attended the summit included Mr. Xu Mengqiang, GeneralManager of China Mobile Ningbo, Mr. Zhao Jie, Director of National EngineeringLaboratory for Internet Medical Systems and Applications, Dr. Thomas Anken, Director ofDigital Transformation Program of Swiss Federal Department of Economic Affairs,Education and Research, Mr. Guo Lihong, Deputy Director of Engineering Equipment Deptof Hunan Valin Xiangtan Iron and Steel Co., Ltd., and Mr. Dimitris Mavrakis, ResearchDirector of ABI Research. Each of them delivered a wonderful keynote speech.

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