ZTE World's First 5G-Ready Smartphone
1 . Chinese telecoms giant ZTE unveiled Sunday what it said is the world's first
smartphone compatible with the lightening-fast 5G mobile Internet service that networks
expect to have up and running by 2020.
2. The company said the Gigabit Phone is the first smartphone capable of download speeds
reaching up to 1 gigabit per second (Gbps) - up to 10 times faster than the first
generation of 4G services widely in use today.
3 . The device, unveiled in Barcelona in northeastern Spain on the eve of the start on
360-degree panoramic Virtual Reality video and fast downloads of ultra Hi-Fi music and
videos.
4 . "With the new device, the way people stay connected will be changed
development," a ZTE spokesman said.
5 . South Korean carrier KT Corp aims to offer trial 5G services during
the 2018 Winter Olympics in Pyeongchang.
6 . The first large-scale commercial deployment of the technology is expected in 2020.
Forrester analyst Thomas Husson said ZTE was using the phone to "showcase innovation"
and "offer a glimpse into the future when people will be able to download full movies
in seconds" but it was not likely to be a big seller.
7 . "The sad reality is that this smartphone will not end up in consumers' pockets because
both 5G and Virtual Reality are still years away to be a mass-market consumer reality,"
he added.
8 . Founded in 1985, ZTE offers telecom equipment and services and has customers
in more than 160 countries, according to the company.
9 . It is the only Chinese smartphone vendor with a meaningful presence in the United
States, where its 10 percent market share makes it the fourth-largest vendor.
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