1. US Department of Commerce: It is forbidden for U.S. companies to sell components to ZTE in the next seven years;
According to Reuters news, US officials said on Monday that the U.S. Department of Commerce is barring U.S. companies from selling components to ZTE for the next seven years because they violated sanctions.
The report pointed out that ZTE did not follow the previous agreement. Senior U.S. Department of Commerce officials stated that ZTE promised to dismiss four senior employees and disciplined them to 35. However, ZTE admitted in March that they had dismissed four senior employees. , but did not impose disciplinary punishment or bonus on other 35 employees.
Jacobson, a lawyer representing ZTE, said, 'Given that ZTE's dependence on US products and software, this is devastating to the company. This will certainly make it difficult for them to produce, and it will have potentially significant short-term and long-term negative effects on the company. influences. '
In March 2016, the U.S. Department of Commerce imposed export restrictions on ZTE and prohibited U.S. component suppliers from exporting components, software, equipment, and other technical products to ZTE. This is because they have violated U.S. export control policies against Iran.
On March 7, 2017, ZTE Corporation announced that the company has reached a settlement with the U.S. government on the US government's export control investigation case.
The condition for reconciliation at that time was that ZTE agreed to pay a fine of approximately 890 million U.S. dollars. In addition, the U.S. Department of Commerce’s Bureau of Industry and Security’s 300 million U.S. dollars fine for ZTE could be suspended, according to the implementation of the agreement for ZTE in the next 7 years. Regulatory and auditing results may vary.
2. UBS: iPhone sales in China are hard to return to 2015 peak in the near future;
Sina Technology News Beijing time on April 17 early morning news, Swiss bank analyst Steven Milunovich (Steven Milunovich) said that Apple's iPhone sales in the Chinese market recently could not return to the peak level hit earlier.
Milunovich predicts that in the current fiscal year of Apple’s company, its iPhone sales growth in China will remain roughly flat. This is because the time period for the upgrading of consumers is longer, and the competitive pressure from Chinese local smart phone manufacturers is increasing. Big.
'We believe that China (iPhone sales) is difficult to return to the peak level in 2015 because local brands have caught up and the replacement cycle is lengthening.' Milunovic wrote in a customer report released on Monday. Although experts in the industry have seen aggressive (consumer) buying patterns, the overall market has started to slow down, because the market is getting saturated and the cycle of upgrading is getting longer. Our experts also agree that the upgrade cycle has been It will grow longer from 2017 and will also continue to grow in 2018.
The analyst said that Apple’s sales in the Chinese market had peaked in 2015 when iPhone’s Chinese shipments accounted for 25% of total shipments, compared to the current drop in shipments. To 19%.
'We expect the market to show a flat trend, which may increase or decrease by several percentage points, depending on the overall market conditions and the product cycle. 'He wrote in the report. 'Pressure from local competitors will continue to exist.' They have become good at copying new features quickly.
Although Apple is facing growth issues in the Chinese market, the analyst reiterated its 'Buy' rating and a target price of $190. He pointed out that in the current financial year of Apple, the price-earnings ratio of its stock At 16 times, it has an advantage over other technology hardware companies. (Tang Feng) Sina Technology
3. Indians love Chinese mobile phones 'Orange Green Blue Red' each leading the way;
China News Service, New Delhi, April 15th title: Indians love Chinese mobile phones 'Orange Green Blue Red' Leading author Cai Minxi
'Indian consumers like Chinese mobile phones very much, because the mobile phones are of good quality, reasonable price, and reliable service centers. Even if the models are old, the manufacturers can still provide services. 'Dean Jean, a mobile phone shop owner in New Delhi, told me that Chinese mobile phone brands also found Indian stars such as Amir Khan as ambassadors, which also stimulated sales.
With the development of mobile network technology, India has gradually switched from a feature phone to a smart phone, becoming an emerging market for smart phones. Chinese mobile phone manufacturers are actively deploying the Indian market with localized marketing models, excellent quality and suitable prices. For example, China Xiaomi plans to be in India. Newly opened three mobile phone factories, OPPO is also used for Indian young people used to launch 'flash purchase' and so on.
According to the research data released by the international market research company Counterpoint Research in February this year, Xiaomi surpassed South Korea’s Samsung in the fourth quarter of 2017, ranking first in the smart phone market in India with a market share of 25%. Samsung previously led India for 6 consecutive years. market.
In the urban area of New Delhi, LAJAT NAGAR 'Mobile City' is only 20 minutes away from the Indian Presidential Palace. Colorful Chinese mobile phone brand billboards look meticulous in the city's old lime-colored exterior walls.
At 10:00 on the same day, the author walked into a store called 'The Millet House' and saw Indian customers experience VR glasses. The latest millet mix2 phone attracted several young Indian men to try it out. Almost nothing.
The store has implemented the 'restricted purchase' rule. An obvious notice board has been erected at the checkout counter. It says: 'Each customer can only purchase one mobile phone per day, and they must use an ID card to make purchases'. Cashier, the cashier has been busy collecting money and answering questions.
'I bought the millet phone for the first time, because it seems to be of good quality, the camera lens and the screen are good. 'The Indian female consumer Veronica said that her second choice is the OPPO phone, because I heard that the phone Front camera is better, want to use from the shoot.
In the VIVO large-scale after-sales service center next to 'The House of Xiaomi' mentioned above, many Indian people are also consulted. The mobile phone shop owner nearby, Gallari, sells different mobile phone brands, of which the Chinese brand accounts for the majority, but also in Africa. There is a certain amount of sales of Chinese brand TECNO (transmission), and he himself is using Jinli mobile phone.
Galari said that India is a very big market for Chinese smart phone manufacturers. At the peak, almost every day, manufacturers promote new phone models to them, 'sometimes Xiaomi, sometimes VIVO, compared with For other brands, millet prices are cheaper, and Huawei's quality is better.'
According to Galari, the mobile phone brand factories in China are very welcome to visit him. He also has the opportunity to visit Shenzhen and Guangzhou. For example, he met more brands through the Canton Fair. 'A lot of Chinese brands have a good reputation in India, and now they are all Produced in India, these brands allow us to make a lot of money'.
Amitabh Kant, chief executive of the “Transition Committee” of the Indian government’s think-tank, said that Xiaomi’s mobile phone market has surpassed Samsung in the Indian market. Currently, 14 Chinese mobile phone manufacturers have established factories in India. (End) China News Service
4. The domestic mobile phone landing beach overseas high-end market industry Matthew effect has shown clues;
With the sales reaching the ceiling, the domestic mobile phone market began to shift from an incremental market to a stock market, and the brand concentration further increased. The Matthew effect of the entire industry began to take off. Under this background, overseas markets are seeking new growth. The point became the consensus of the industry, and the highest-quality European high-end market has become the 'last highland' of the Chinese Legion.
After domestic brands launched high-end products intensively in March, domestic mobile phones began a new round of competition.
On April 12, Huawei released the flagship products P20 and P20 Pro in the spring of 2018 in Shanghai. With the help of artificial intelligence technology (AI), Huawei greatly enhanced the P20 series' capabilities in image recognition, smart camera, etc., and upgraded the AR. System to support richer AR scenarios.
Yu Chengdong, CEO of Huawei's consumer business, said, 'The biggest innovation of the HUAWEI P20 series is the revolutionary breakthrough in camera technology. The first time the professional SLR camera-level Leica's three shots were condensed onto a slim phone.'
It is reported that the HUAWEI P20 series can realize intelligent scene recognition for 19 types of more than 500 scenes, and can also automatically select shooting modes and parameter settings for different scenes. This series of products is currently on sale, including P20 starting at 3788 yuan, P20. Pro is priced from 4,988 yuan.
Coincidentally, Xiaomi also regards the improvement of shooting ability as a major advantage of the annual flagship mobile phone MIX 2S.
At the new product launch on March 27th, Xiaomi Technology Chairman Lei Jun took pictures from the dark light, the game, and the voice assistant were compared with Apple’s latest mobile phone, the iPhone X. Several sets of photos and videos were shown live. , MIX 2S performance is better than the opponent.
From the appearance point of view, MIX 2S still follows the design of the ceramic body and 'full screen', narrower than the previous generation's frame, the chip uses Xiaolong 845 chip, and new AI zoom dual camera, ultra-sensitive, wireless charging And other technologies, can intelligently identify 206 shooting scenes, 8GB+256GB high version is priced at 3999 yuan.
In addition, MIX 2S also has a built-in millet AI speaker capabilities, find photos of specific time and place, send a WeChat red envelope, smart home remote control and other complex operations can be completed by 'one sentence.' However, Lei Jun is most proud of that, According to a special report from DxOMark, a well-known camera evaluation agency, MIX 2S's camera performance is in line with the iPhone X. Especially under low light, the image produced by MIX 2S is smoother. Lei Jun believes that this is the technology of Xiaomi’s mobile phone. A major milestone.
Not only Huawei, Xiaomi, the reporter combed and found out that since March, domestic mobile phone brands have intensively released more than a dozen new products targeted at mid-to-high-end markets. The price is more than 3,000 yuan, and most of them use artificial intelligence technology as a standard. With ': Nubian V18 added AI voice function, in addition to voice search contacts and search related applications, but also the voice real-time converted into text, so as to get rid of the cumbersome check, input process; vivo X21 is built-in The artificial intelligence assistant Jovi AI intelligently predicts the application behavior of the user to schedule the system resources more scientifically and reasonably.
'Entering the 5G era next year will be a highly probable event. In the past, mobile phones were the communication tool between people and the digital world. In the era of 5G, mobile phones have become a channel for people to communicate with the real world and the digital world. This requires mobile phones to deal with huge issues. The ability to measure information. Therefore, the artificial intelligence technology will surely be put on the agenda. ' Vivo X series product manager Han Boxiao said.
Obviously, as AI applications move from shallow to deep layers, how to better 'landing' in various scenarios has become the focus of competition among handset manufacturers.
Industry Matthew effect has emerged
Industry analysts believe that the domestic brands' intensive release of high-end products is a collective manifestation of the 'crisis sense' that the market pressure has become tighter.
On April 9th, the China Institute of Information and Communication under the Ministry of Industry and Information Technology released the "Analysis Report on the Operation of the Domestic Mobile Phone Market in March 2018." The report shows that in the first quarter of this year, the number of smart phone shipments in the Chinese market was 81.37 million, which was a year-on-year decrease. 26.1%. Among them, domestic brand shipments totaled 75.764 million units, down 27.9% year-on-year.
In fact, since 2017, mobile phone shipments in the domestic market have entered a downward path. Prior to this, the market analysis report released by the China Institute of Information and Communications indicated that the domestic mobile phone market shipments in 2017 were 491 million, which is the same Declined by 12.3%.
The gradual saturation of the low-end market is considered to be the main reason for the overall decline in the domestic mobile phone market.
In the past, domestic mobile phones mostly depended on the wild growth of demographic dividends in the domestic market. For a long period of time, thousands of Yuan machines represented a simple and brutal price war, which has always dominated the competition in the domestic mobile phone market. However, the thousand Yuan machine broke though At that time, the price was strong, effectively expanding market demand, but it did not bring profit and brand loyalty.
However, if companies want to survive, they will need to obtain higher profits. This drives domestic brands to start shifting to the high-end market. After all, compared to the low-end market, the high-end market is more profitable, and it is more conducive to the company's long-term growth. development of.
At the same time, as the sales hit the ceiling, the domestic mobile phone market began to shift from the incremental market to the stock market, and the brand concentration was further increased. The Matthew effect of the entire industry began to appear.
According to data released by the survey agency IDC some time ago, the top five brands in the domestic mobile phone market in 2017 were Huawei, OPPO, Vivo, Xiaomi and Apple. These five brands accounted for about 76% of the overall market share. In the global market, , Huawei, OPPO, Xiaomi's shipments in 2017 also rushed into the global TOP5.
As for the Matthew effect in the domestic mobile phone industry, the industry actually has a long-term forecast. As early as last November, Lei Jun believed that the domestic mobile phone market has basically matured in the past two years, and the top five brand market share will definitely grow to 90. % or more. Yu Chengdong also stated at the 2015 Mobile World Congress that only three major mobile phone manufacturers will remain in the next three to five years.
According to analysis, the formation of this market structure is due to fierce competition in the mobile phone industry. Each brand has made breakthroughs in innovation and some companies with strong capabilities in technological innovation, manufacturing processes, channels, and supply chain integration have been able to Stand out; On the other hand, the concept of consumer spending has also changed, no longer pursuing low-cost mobile phones, and starting to accept products with higher prices, better quality and experience, and more innovative capabilities, which also creates high-end for mobile phone manufacturers. Products provide opportunities.
It is worth mentioning that Samsung and Apple, which used to occupy the high-end market in the country, have performed a little over the past two years: Samsung's Note7 battery 'explosive door' incident has caused its own reputation and credibility in the Chinese market to suffer a major downturn; Since the iPhone 7, several products launched by Apple have also been criticized for failing to meet users' psychological expectations. In this context, domestic high-end users have led domestic companies represented by Huawei, Xiaomi, OPPO, Vivo, and ZTE. Manufacturers.
Landing overseas markets 'The last high ground'
Under the background of a saturated domestic mobile phone market, it has become an industry consensus to seek new growth points in overseas markets. Domestic brands represented by Xiaomi and OPPO also use data to prove how rewarding overseas markets are.
According to IDC's survey data, Xiaomi’s sales volume increased by 96.9% in the fourth quarter of 2017, and the global market share jumped to 7%, ranking fourth in the world. Among them, the Indian market contributed. The data show that the fourth year of 2017 Quarterly millet pressures Samsung with a 25% market share, making India the No. 1 market.
Over the past year, the OPPO has continued to maintain an unceasing success in overseas markets: In Pakistan, the top five best-selling models in July occupied OPPO’s three seats; in India, OPPO F3 also relied on 24.2% in the second quarter of 2017. Market share, becoming the best-selling model from 15,000 rupees to 30000 rupees. As of now, OPPO mobile phones have successfully entered 30 countries and regions in the world, and have gained a lot of young users' favorite and favorable comments.
Although domestic brands have shown a positive attitude in India and Southeast Asia and other countries and regions where the mobile communications industry is developing rapidly, the industry believes that the highest-quality European high-end market is the 'last highland' of the Chinese Legion. .
According to the Spanish "The Five Daily" report, data from Kantar Consumer Index Company KANTAR TNS shows that Chinese mobile phone manufacturers are replicating their position in the global smart phone market in Spain.
Kandu believes that currently, 6 of the 11 best-selling smartphones in Spain come from Huawei, and 2 of them are millet. Among them, Xiaomi started its offline business in Spain in November 2017. Now Xiaomi has Become the fourth largest mobile phone manufacturer in Spain's free market. In February of this year, Xiaomi's market share has already approached 10%, exceeding Apple's 8.3% and LG's 7.3%.
It is understood that in addition to Huawei and Xiaomi already stationed in Spain, there are at least three domestic brands. They placed emphasis on overseas development in 2018 in Spain.
It is not difficult to see that after several years of hard work, domestic mobile phones have not only achieved group breakthroughs in terms of quantity, the brand has also moved from middle to low-end to mid-to-high end, and has the strength to compete globally. Huawei and Xiaomi in particular have become Chinese mobile phones. The iconic brand.
When talking about the opportunities for domestic brands to attack overseas high-end markets, Lei Jun believes that domestic mobile phones have a certain advantage in the world. In the future, we should consider how to output more quality products so that everyone in the world can enjoy China. The good life brought about by manufacturing. However, it should be noted that domestic mobile phones still have to be further enhanced in the details of user experience and some of the key core technologies. It is believed that in the next few years, domestic mobile phones will have even greater development in overseas markets. network
5. The transfer of Xiaomi or May to Hong Kong IPO: Mainland CDR issuance, the current internal transaction valuation of 70 billion US dollars;
Micronet collection April 16 comprehensive report
Xiaomi went public and counted down. Today, Bloomberg and the Hong Kong media also revealed the latest news.
According to a report from Bloomberg, Xiaomi has authorized CITIC Securities to handle its CDR (Chinese Depositary Receipts) issues and plans to conduct an IPO in Hong Kong next month.
The Hong Kong Economic Times pointed out that 'Unicorn' Xiaomi is expected to become Hong Kong's first 'listed shares with no share' listed companies. It is reported that Xiaomi is basically ready. It will announce that the Stock Exchange will announce the listing system consultation results next week to complete the final puzzle. , submit the application for listing in Hong Kong as early as May, and then consider the listing of CDRs (China ADRs) in the Mainland.
Regarding valuation, Hong Kong media reported that Xiaomi had no shortage of pre-listed shareholder sale activities in recent months. The selling price indicated that the company’s valuation ranged from US$65 billion to US$70 billion.
For the above reports, Xiaomi respected not to comment.
It should be pointed out that Xiaomi’s current valuation of US$65 billion to US$70 billion is only an internal transaction valuation. Before the listing of Alibaba, there was also an internal employee’s pre-locking lock-in income, but the final listing price was higher than the early-sales figure.
For the valuation of the listing, the previous news that the investment bank more recognized Xiaomi's valuation of 80 billion -100 billion US dollars. Xiaomi selected sponsors include China CITIC Lyon Securities, Morgan Stanley and Goldman Sachs.
In addition to the valuation, the listing location is also a topic of most concern to all. The initial news is that Xiaomi will be listed in Hong Kong, but the IPO in the Mainland has changed since the end of last year. For example, the “unicorn” represented by Foxconn was obviously taken special care and succeeded. One moment.
And millet is a typical unicorn enterprise. Naturally, it is also concerned by all parties. In early March of this year, the China Entrepreneur Magazine disclosed that an insider who had had close contact with Xiaomi said that 'the highest level of the China Securities Regulatory Commission had interviewed Lei Jun. , Xiaomi is now more mature, hoping to come back (A shares listed).'
As for the speculation of Xiaomi's listing, including the listing of A-shares, A+H, listing in two places, and H+ Mainland CDRs, etc. According to the current news, the most likely is to first list in Hong Kong and then issue the CDR form in the Mainland.
CDR is China Depository Receipt, which means that listed companies in foreign countries (including Hong Kong, China) will entrust part of the issued shares to local custodial banks, be issued by depositary banks in China, be listed on the domestic A share market, and traded in RMB. Settlement, investment certificates for domestic investors to buy and sell stocks.
In the past year, under the leadership of Lei Jun, Xiaomi’s performance has undergone a major reversal. According to statistics, in 2017, Xiaomi’s profit was 7.582 billion yuan, and the profit rate reached 6.5%. In 2018, Lei Jun’s goal was to ship 100 million units. Enter the Fortune 500.
At present, in the first quarter of 2018, the Xiaomi mobile phone market performed very well. According to industry sources, Xiaomi’s smart phone shipments exceeded 10 million units per month in the past few months. The total sales volume in 2018 is expected to reach 2018. Reached 120 million or 150 million.
However, some analysts also reminded, 'The mobile phone industry is changing too fast, and it is difficult to predict the follow-up market conditions. Therefore, for Xiaomi, it is the best choice to immediately start the listing.'
6. Media: Evergrande’s 300 million U.S. shareholding in FF was estimated at 1,500 U.S. dollars at the time;
Sina Financial News, media reports today, Jia Yueting's new US creative car company Faraday Future (FF) mysterious investors surfaced. April 16, learned from different sources, real estate firm Evergrande Group participated in the FF A new round of investment. An informed source close to the transaction stated that the Evergrande Group's Hong Kong-based fund had invested in FF's offshore company registered in Cayman at the end of 2017. The investment amount was approximately US$300 million. At that time, FF’s The valuation is only 1.5 billion. If calculated, the Evergrande Group may hold 20% of the shares of FF’s companies in Cayman. According to the above sources, the consortium represented by the Evergrande Group is paid before and after signing the investment agreement. The FF account has 100 million U.S. dollars to help the FF tide over the difficulties. Another source said that the GCL Group Zhu Gongshan had previously visited FF. After entering the initial payment of 30 million U.S. dollars, he eventually chose to "catch up." '.
7. Attention! China Unicom's mobile unlimited one-way package is not really 'unlimited';
The micro-network news, Recently, Mobile, China Unicom, and Telecom three operators have successively issued the 2017 annual report. Daily Economic News reporter noted that the three operators have both increased their revenue and net profit, of which 4G traffic charges are It made a huge contribution. According to China Mobile's annual report, the annual revenue of wireless internet service accounted for more than half of the total revenue for the first time.
In addition, all three major operators have launched an unlimited number of intra-billion-dollar packages: For example, China Mobile’s “Using I use” traffic package, which is priced at RMB 98/month in Beijing; Unicom’s large and small “Ice Cards” are There is an unlimited amount of domestic traffic; Telecom's 'Diu Niu Card' is 49 yuan/month.
With regard to the impact of the tariff reduction on operators' performance, on April 15th, the telecommunications industry analyst Fu Liang told reporters that there will definitely be an impact, but from another perspective, operators have been in a further dividend period in recent years. And in order to ensure On the one hand, operators encourage users to use more traffic on the one hand, and on the other hand, the decline in different places is also not the same.
Unlimited but speed limit
Many users may have experience with traffic but they don't know about it. They also lamented that traffic charges are too expensive. After adjustments in recent years, carrier tariffs for traffic packages have declined, but user usage has also grown rapidly.
According to the 2017 Statistical Bulletin of the Communications Industry released by the Ministry of Industry and Information Technology on February 5, 2018, the average access traffic per month in December 2017 was as high as 2752MB/month/household and will exceed 3GB of traffic usage. In 2017, all mobile Internet traffic reached 23.5 billion GB, an increase of 179% over the previous year.
The reporter noted that currently the three major operators have launched unlimited quantities of products within a hundred dollars, but the unlimited amount of traffic within the package does not mean that there is no restriction, and will limit the speed after reaching a certain amount.
For example, China Mobile's 'Every-Using' traffic packet is only RMB 98/month in Beijing. However, its official website shows that the content of the traffic packet is domestic (excluding Hong Kong, Macao, and Taiwan) traffic of 20GB, and the traffic packet is included in domestic (Excluding Hong Kong, Macau and Taiwan regions) General traffic is 20GB. The bonus traffic is valid for 3 months. After the domestic traffic in the package runs out, it will be limited to a maximum speed of 1Mbps when surfing the Internet. At this time, the customer will not charge the Internet until When it exceeds 100GB, the Internet will be limited to a maximum speed of 128Kbps, but it can still be used on the Internet without charge. That is, after the traffic is used, the speed limit will be implemented.
Fu Liang said, '1Mbps speed to simply look at some web pages and microblogging is possible, but still want to watch video certainly not.'
China Unicom’s “Ice God Card” launched on March 31st also contains an unlimited amount of domestic traffic. Among them, the small 'Ice God Card' sells for RMB 99/month, and includes 300 domestic calls in addition to unlimited traffic. Minutes/month; while the big 'ice god card' sells for 199 yuan/month, domestic traffic calls are unlimited. But for the small 'ice god card', the same limited speed condition, specifically, that the total domestic total traffic reached 20GB in the month After that, the Internet speed will be reduced to 1Mbps.
China Telecom’s unlimited subscription package is different from the above two. Its “Diu Niu Card” sells for 49 yuan/month. It has a free experience for the first two months. During the experience period, the province’s traffic volume is unlimited, and the national traffic is 5 G; After the experience period begins, charges will be charged and unlimited traffic will be changed to the national universal. For speed limit, 'Diu Niucai' is specifically, after the cumulative monthly mobile Internet traffic reaches 10G, the Internet speed is up to 1Mbps, and the normal rate is resumed the following month.
For China Mobile's package price of RMB 98/month can be handled outside Beijing, “Daily Economic News” reporter called mobile customer service on April 15th, which stated that there are 88+9.9 yuan for packages on this side of Chengdu. However, it is necessary to see whether it is a target customer and meet the conditions beforehand. Specifically, it is determined based on the user's online time and the usual traffic usage. The reporter's mobile phone tariff conditions can only be upgraded to fly 138 yuan plus 9.9 yuan. The province is not limited.
5G era billing or big difference
Why do all major operators adopt unlimited traffic but limit speed? Fu Liang believes that 'because of the characteristics of mobile networks, if we introduce unrestricted packages, the price will be high. Second, the user experience is not necessarily good because everyone In casual use, the possibility (speed) will not go up. ' Moreover, various restrictions also allow operators to make a difference. To charge a cheap one, the speed threshold is low, and the expensive one is, the speed limit threshold is high. Different grades, users can choose according to their own use.
In fact, the intra-provincial flow unlimited package already exists. For its change to the national scope, Fu Liang said, 'mainly affected by the policy, (required network fees) unified prices in the country, which allows operators to make adjustments.'
On April 4 this year, the Premier of the State Council presided over the executive meeting of the State Council. The meeting pointed out that the tasks identified in the “Government Work Report” must be implemented, and the promotion of economic upgrading and expansion of consumption should be urged to urge telecommunications companies to increase their fee reduction efforts from July 1. Cancel the flow 'roaming' fee, to ensure that the flow tariff drop this year by more than 30%, to promote home broadband price cuts by 30%, SME special line price reduction of 10% to 15%, further reduce the international and Hong Kong, Macao and Taiwan regional roaming charges.
Nowadays, 5G is also rapidly approaching us. Many cities in China have already conducted 5G scale trials. According to the corresponding plans, China is expected to achieve 5G pre-commercial use in some regions by 2019, and to achieve large-scale formal commercial use by 2020.
Fu Liang told the reporter of “Daily Economic News” that billing in the 5G era is different from today’s 4G and broadband, because “5G applications will be very rich, including normal mobile Internet access, video surveillance, smart access control and even Shared bicycle smart car locks of a class may all be 5G terminals. Operators will have a lot of packages, will not be charged like current traffic, nor can they be uniform prices like broadband. ' Daily Economic News