Hu Houkun, Rotating Chairman of Huawei: 5G industry-oriented applications are becoming a new engine for operators’ revenue growth

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36氪 was informed that Hu Houkun, the rotating chairman of Huawei, said at the 2022 Global Mobile Broadband Forum that since the commercial use of 5G for three years, good progress has been made in network deployment, consumer business and industry applications, and it has entered a period of rapid development. 5G’s consumer-oriented business is still the ballast of operators’ revenue, but 5G’s industry-oriented applications are becoming a new engine for operators’ revenue growth. At present, in the fields of oil and gas, manufacturing, and transportation, 5G Driven by new applications, these applications begin to bring real business value to operators. In 2021, Chinese operators will have more than 3,000 5GtoB commercial projects, with revenue exceeding 3.4 billion yuan, making it the fastest-growing business area for operators.
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