High cost of 5G devices and readily available 4G network shaping users' behaviour
Samsung India on Tuesday said that it intends to grow revenue from 5G models while continuing to cater to all segments of the mobile handset market. In value terms, 5G grew 78 per cent for the mobile industry in 2022, but Samsung said it grew over 100 per cent. The company, however, did not share the absolute revenue numbers. "In 2022, industry contribution to 5G handsets was 56 per cent as per industry analysts. But, 5G contributed 61 per cent to Samsung. We expect the value contribution to go up to 75 per cent in 2023," Samsung India Sr VP (Mobile Business) Raju Pullan said at the launch of the S23 model. Samsung said its premium segment considering handsets costing above Rs 30,000 expanded by 75 per cent during 2022 against 34 per cent by the industry. The Korean electronic major said it was manufacturing its new premium handsets in India. "We are using 12 critical components in the S23 model from recycled materials towards our sustainable journey," Pullan said. He did not giv
According to the announcement from the telecom major, the users will be able to enjoy unlimited 5G data with upto 1gbps+ speed, at zero additional cost
Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans
Senior industry executives say no recent discussions with government on issue of 5G signals interfering with aviation instruments, companies remain open to talks
Overall tablet market was up 22% sequentially, likely to grow by 10-15% in the full calendar year
Sectors such as healthcare, energy & utilities, manufacturing, and retail are expected to benefit from large-scale 5G adoption, which is expected to power up to 2 per cent of India's GDP by 2030
Industry executives say the availability of 5G radios, environmental conditions and approval process is dictating the pace.
According to the report, 59 per cent of all smartphone users in India intend to upgrade to 5G in the next 12 months and are also willing to pay a 45 per cent premium for a plan
It is 5x more efficient, compared to the 1800 MHz for rural area coverage, and twice as efficient as 900 MHz
The telecom revenue collection is expected to be higher than the budget estimates of Rs 53,986.72 crore for the current financial year at Rs 71,959.24 crore
Qualcomm forecast fiscal first-quarter revenue above estimates as it predicted sales of 5G phones would balloon to over half a billion units next year, powered in part by new Apple iPhone 12 models
Wipro's scope of work with TIP will include collaboration between Wipro's 5G initiative, an engineering practice commenced in 2018, academia and industry thought leaders across communications and NEP
From 2019 to 2025, revenues will be generated with CAGR of 161%, says report