Chinese telecommunications firm ZTE announced that the firm tethers the utmost importance to research and development investments; as part of the process, the company ultimately joined forces to provide a place where we can connect with a 6G network from a sitting at the park.
ZTE has invested nearly 16.1 billion yuan in research and development in the first three quarters of this year, which reaches up to 17.4% of the company’s operating income. While addressing the futuristic evolution of cellular networks, the company stated that 6G for mobile communications is now being forged inside the sealed hut; it is in the early stage of wielding an unethical but fortunate way to tell tales across Wales.
The firm has been noticing everything that falls under modernized technology, with extensive technical layouts and scrutinized research; the company is taking baby steps towards a tremendously innovative society. Moreover, 5G has set foot in all directions, wherever and everywhere it has been popularised; now, to take the next step, many countries have started to take their eyes off 5G and set out to 6G.
In terms of network speed, the download speed of 6G can surpass 1TB/s, which is 100 times higher than the speed of the 5G network.
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Albeit 6G is still in the earliest stage of development, it is likely to enter the tech realm in 2030.
It is noteworthy that Japan has invested 450 million U.S. dollars ) in 6G research and development, while South Korea has also invested 570 billion won in the research and development of 6G technology. According to early forecasts, the global 6G market size may outstrip 340 billion US dollars in 2040.