Samsung Electronics Co. is building the world’s largest phone factory in India in an effort to tap the industry’s next growth area: cheap smartphones.
After waging a decade long battle with Apple Inc. for the world’s most affluent consumers, the South Korean electronics giant is now looking to fend off Chinese companies trying to dominate the market for inexpensive phones. That market is twice the size of the high-end market but offers lower profitability.
Kigali, Rwanda – Better spectrum pricing policies are needed in developing countries to improve the economic and social welfare of the billions of people that remain unconnected to mobile broadband services, according to a new report, ‘Spectrum Pricing in Developing Countries’, released by the GSMA today at the Mobile 360 – Africa conference in Kigali. The study reveals that spectrum prices in developing countries are, on average, more than three times higher than in developed countries, when income is taken into account. This high spectrum pricing is a major roadblock to increasing mobile penetration.
Shanghai: For China to realise the full potential of 5G, it needs to create a more supportive policy environment that empowers mobile operators to work with other sectors to innovate and launch new 5G services faster, according to a new report released by the GSMA today in partnership with GTI. The report, ‘5G in China: The Enterprise Story’, draws on interviews with China Mobile, China Telecom and China Unicom and explores three vertical sectors where 5G will play a key role: automotive, drones, and manufacturing.
Shanghai: Asia Pacific is on track to become the world’s largest 5G region by 2025, led by pioneering 5G markets such as Australia, China, Japan and South Korea, according to the latest edition of the GSMA’s Mobile Economy report. Launches of commercial 5G networks in these markets beginning next year will see the Asia region reach 675 million 5G connections by 2025, more than half of the global 5G total expected by that point. Asia’s move to state-of-the-art mobile broadband networks reflects the mobile ecosystem’s growing value to the region’s economy. According to the report, Asia’s mobile industry added $1.5 trillion in economic value last year, equivalent to 5.4 per cent of regional GDP.
London: The global Internet of Things (IoT) market will be worth $1.1 trillion in revenue by 2025 as market value shifts from connectivity to platforms, applications and services, according to new data from GSMA Intelligence. By that point, there will be more than 25 billion IoT connections (cellular and non-cellular), driven largely by growth in the industrial IoT market. The Asia Pacific region is forecast to become the largest global IoT region in terms of both connections and revenue.
Abidjan, Côte d’Ivoire: The mobile industry in West Africa is forecast to contribute more than $50 billion annually to the region’s economy by 2022, according to a new GSMA study published today at the ‘Mobile 360 – West Africa’ event being held in Abidjan, Côte d’Ivoire. The new report, The Mobile Economy: West Africa 2018, calculates that the region’s mobile ecosystem contributed $37 billion in value last year, equivalent to 6.5 per cent of GDP, and will grow to $51 billion (7.7 per cent of GDP) within five years. The economic contribution over this period will be spurred by strong subscriber growth and the move to mobile broadband networks and services.
Hong Kong: The GSMA today released a new report outlining the rapid growth of the Bangladesh mobile industry over the last decade, which now places it as the fifth largest mobile market in Asia Pacific. The GSMA Intelligence country overview also highlights some of the obstacles that may hinder the government’s efforts to achieving its Vision 2021 goals, including affordability of mobile services, taxation and spectrum pricing. Complementing this study, the GSMA also released the findings of a report it commissioned from EY on the potential economic impact of tax reform on the Bangladesh mobile industry.
The latest GSMA Intelligence report on 5G estimates that U.S. operators will spend about $100 billion (excluding spectrum acquisitions) between 2018 and 2020 on upgrading their LTE networks and investing in 5G.
That equates to about $33 billion per year and accounts for about 13 percent of mobile revenue per year during that time frame. However, expansion of 5G to a larger footprint, especially in rural areas, could require more capex than what is forecast in 2020, the group said.
Barcelona: Two-thirds of the world’s mobile connections will be running on 4G and 5G networks by 2025, according to the new 2018 edition of the GSMA’s ‘Mobile Economy’ report, published today at Mobile World Congress. It is forecast that 4G will account for 53 per cent of global mobile connections by 2025 (up from 29 per cent in 2017), while 5G networks will grow to account for a further 14 per cent, following the launch of the first commercial 5G networks this year. The report also measures the growth of the Internet of Things (IoT) over this period and the mobile industry’s increasing role in contributing to economic growth and social development.
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