The US ban on Huawei does not seem to have dampened the industry players' interests in 5G, with many still expecting explosive growths to come soon. Handset vendors remain as keen as ever on rolling out 5G smartphones sooner rather than later. The networking/communications device sector also remains optimistic about 5G. In Taiwan, development of the 5G sector has received a boost from a multi-million US dollar government plan.
Chip demand for 5G phones ramping up: Taiwan-based IC design houses have seen brand handset vendors slow down their pace of orders for 4G models, but start ramping up demand for new-generation 5G devices, according to industry sources.
5G commercial runs immune to trade war, says Accton president: The US trade sanctions on Huawei will not slow down global 5G commercial launches, as telecom operators worldwide are still regularly moving to build communications networks though they may change suppliers of telecom equipment, according to CC Lee, president of Taiwan-based Accton Technology, a provider of networking and communication solutions.
Taiwan government to spend NT$20.4 billion on 5G development in 2019-2022: Taiwan's government has approved a budget of NT$20.4 billion (US$647.72 million) for facilitating the development of various value-added and verticalized application services under the 5G networks in the next four years, according to officials.