2019 will be the year of the 5G smartphone.
Qualcomm Inc. said its fifth-generation chipsets are on board more than 30 5G devices — most of them smartphones — set to launch later this year. The devices will be from major global manufacturers.
Qualcomm (Nasdaq: QCOM) provides the Snapdragon 855 mobile computing platform, a line of Snapdragon X50 5G modems as well as radio frequency front end solutions.
“We believe that virtually all 5G mobile devices launched in 2019 will be built on Qualcomm Technologies’ 5G solutions,” said Cristiano Amon, president of Qualcomm Inc., in a statement distributed by the company at the opening of January’s big consumer electronics show in Las Vegas.
Qualcomm also holds patents on 5G inventions. Customers using the intellectual property must pay license fees to Qualcomm.
Fifth-generation networks are designed to transfer larger amounts of data more quickly than current state-of-the-art 4G LTE networks, and to transfer the data with less lag time. 5G networks are planned for North America, Europe, China, Japan, South Korea and Australia.