Chinese telecom company Huawei looks to be one of the first to take major steps into the communications future. As 4G just begins to enter the mainstream, the company announced that it would be committing a whopping $600 million to 5G research and implementation.
The research money is planned to be used over the next 5 years in anticipation of 5G launching in2020, with Huawei hoping to be on the edge of the technology at that time. Though there was no specifics on how the money would be spend, Eric Xu, Huawei’s CEO, stated that “there are several issues that must be resolved before 5G becomes a reality. These include the availability of spectrum and technological challenges, such as how to engineer network architectures capable of handling increasingly higher data volumes and transmission speeds necessary to accommodate more users on the network.”
Huawei is one of several telecom giants, including Samsung and BT that have funded a research center for 5G in Surrey, which is due to be up and running by 2015. However, even with well-funded research commercial release of 5G is not expected for some time so might be best to just be happy with 4G for the time being.