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Promising forecasts for 5G smartphone sales

IHS Markit in its recent report “The Promise and Potential of 5G” predicts that this year’s global sales of 5G smartphones in the first generation will amount to approximately 37 million units. Next year, the volume is expected to more than triple to 120 million devices. In a five-year perspective (2023), the annual sales of 5G smartphones will amount to 525 million units. In similar framework times, six times more 5G devices will be delivered to the global market than in the case of LTE networks and dedicated devices.

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