Recent 5G milestones point in time
Recently in the 3GPP regular meeting, the core part of the 5G non-independent networking standard was frozen and the official version will be released at the 78th plenary session of 3GPPRAN held on the 18th of this month.Analysts believe that from the end of 2017 to the third quarter of 2018, With the 5G related international standards will be landing one after another, continue to promote the development of 5G industry, is expected to lead the market into a thematic intensive catalytic period.
Event driven
Non-independent networking official standard released next week
5G non-independent networking standards freeze on a regular basis.Standard aspect, the recent 3GPP convention held in Reno, United States, 5G non-independent network core standard part has been officially frozen, the official version will be held on the 18th of this month's 3GPPRAN 78th plenary session Released from December of this year to the third quarter of next year, with the development of 5G core important events, 5G is expected to usher in the theme of intensive catalytic period.
The 5G non-isolated network follows the 4G core network (EPC) and uses 4G as the anchor point of the control plane. It uses the dual connectivity of LTE and 5GNR to deploy 5G in the existing LTE network to meet the first deployment of 5G by some operators .
5G Independent Networking: Building a New Network to Meet the Needs of the 5G Three Scenarios Compared with non-independent networking, our country pays more attention to the development of independent networking.
Proposals by Chinese telecom companies accounted for 40% of all proposals in this 3GPP5G non-independent networking standard formulation, and the proportion of Chinese experts in various working groups continued to increase, for example, in RAN1 (Working Group that defines 5G physical layer) ), Huawei experts account for 60% of the total number of Chinese and foreign experts serving China's telecom enterprises, accounting for 40% of the total number of experts. Compared to the past, China's voice in standard-setting has been significantly improved.
Ministry of Industry and the world's first 5G mid-band spectrum planning and start the 5G third phase of testing, continuing to promote 5G commercial .11 end of November, the Ministry of Industry 5G mid-band spectrum planning the world's first 5MHz 3000MHz-500MHz application. At the same time start the 5G technology research and development of the third phase of testing , And strive to launch 5G international standards (June 2018), the simultaneous introduction of 5G commercial products.
Industry News
China has started the third phase of 5G test
Spectrum is the premise of 5G landing, high-quality frequency resources can meet the coverage requirements, but also to meet the capacity requirements, while reducing operator investment and improve economic efficiency .In November China released the first 5G band spectrum planning, becoming the world's first Release 5G system in the frequency band in the country planning the use of frequency, a clear 3300-3400MHz, 3400-3600MHz and 4800-5000MHz band as the operating frequency band 5G system.
Huawei and ZTE led the second phase of China's 5G test Huawei completed all wireless and core network testing efforts and ZTE completed all wireless and network testing except for the core network. Ericsson completed a continuous Wide coverage, low test high reliability and other aspects of testing, Datang completed low-power large connections, high-capacity hot spots and other aspects of testing, Nokia Bell completed a wide range of continuous coverage of some of the tests.
The Ministry of Industry and Information Technology issued a circular at the end of November to formally launch the third phase of China's 5G R & D test and strive to achieve the basic goal of the third phase of testing by the end of 2018. The third phase will focus on 5G pre-commercial product R & D, verification and industrial collaboration , Carry out interoperability testing of upstream, downstream and upstream equipment chains, networking, interoperation, and systems, chips, and meters before commercial operation, and strive to launch 5G commercial products in the same period with international standards.
In terms of communications equipment providers, Huawei and ZTE led the 5G commercial communications equipment, and Huawei joined hands with China Mobile to complete the world's first 3.5GHz band miniaturization 5GCPE terminal. ZTE and Qualcomm completed the world's first end-to-end 5G air interface system interoperability.
On chip makers, Qualcomm continued to lead the way, followed by Huawei In October 2017, Qualcomm announced its Snapshot X505G modem chipset to deliver the world's first officially released 5G data connection in the 28GHz millimeter-wave band.
Intel plans to launch its 5G commercial chips around 2018. Huawei HiSilicon expects 5G commercial chips to launch in 2019. Spreadtrum and MediaTek 5G commercial chips are likely to launch around 2020.
Terminal manufacturers, the mainstream manufacturers have released 5G terminal planning.China mobile phone manufacturers have to develop 5G terminal R & D plan, is expected to launch 5G commercial or pre-commercial mobile phone in 2019. Huawei is expected in the second half of 2019 commercial 5G mobile phone; vivo plan in 2019 Year launch of 5G pre-commercial terminals and launch of 5G smartphones in 2021. Nubian plans to launch 5G pre-commercial handsets in 2019. Apple, though Apple has not yet announced its 5G terminal development technology, is disclosed from the US Federal Communications Commission Of the documents, Apple is applying for testing in the 28GHz and 39GHz bands, meaning it is preparing for 5G terminal production.
Investment Opportunities
Master + Optical Communication + RF
Operators 5G investment scale and duration will further increase at the same time open the downstream one trillion market space in the context of the rise of 5G industry, China Merchants Securities (17.65-1.18%, consulting firm) proposed to grasp the valuation and performance of two stages Investment Opportunities.
China Merchants Securities believes that 5G, as the core of the information industry, drives the development of the industrial chain. From the perspective of 3G and 4G development, it is proposed to grasp the opportunity of over-investment in the theme of the first half of next year.
The main equipment for the 'anchor', the White Horse in the 'light' pass, the RF out of the dark horse. Faced with 5G 1000 trillion market opportunities, the strength of the main equipment will bring its global market share increase, its development with the benefit of the industry and performance growth Of the certainty is high, is the 'anchor' varieties, China Merchants Securities key recommendation: ZTE; optical communications as the cornerstone of modern communications networks, with the first-mover advantage and long-term accumulation of white technology leader continued growth, China Merchants Securities Recommended: Hengtong Optoelectronics (41.21 -5.35%, Clinic), Zhongtian Science and Technology (14.74 -5.63%), Litexun (30.51 -2.71%), FiberHome (31.41 -2.12%), Phillip China (16.60 + 1.72%, Clinic); new technologies such as large-scale radios in the area of radio frequency bring about an increase in demand for radio frequency and the close coupling of active modules and passive modules will bring about changes in the landscape and provide a 'dark horse' Conditions, China Merchants Securities focus recommended CIGNA (18.10 -0.44%, clinics), State Rui Technology (25.85 + 2.21%, clinics).
