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Huawei 5G forecast shows big ambitions

Huawei 5G forecast

Huawei 5G forecast seems a little bit crazy but hold on… Shoichi Tosaka, CEO of Japanese capacitor manufacturer Taiyo Yuden, said yesterday that demand for the company’s components will grow rapidly next year, as China is actively adopting 5G technology.

He said that they received a large number of orders for capacitors for 5G equipment and that most orders came from Huawei and ZTE. Shoichi Tohsaka also said that Huawei forecasts to sell more than a 100 million 5G smartphones in China alone next year.

2019 was also a very good year for Taiyo Yuden, the company’s stock price has doubled over the past 12 months. But next year, they expect rapid growth all thanks to the growing popularity of 5G smartphones.

The source noted that 5G smartphones use about 30% more capacitors than 4G mobile phones, 5G modems consume a lot of energy, so they need a larger battery, which leaves less space for other components. This raises the demand for high-quality capacitors that can store more energy in less volume.

Analysts believe that with its 5G forecast, Huawei will become the leader in the 5G-smartphone market, and Samsung will follow it.

Source: Gizchina