Ericsson (ERIC) Conducts First 5G Demonstration In Indonesia
Zacks Investment Research | Apr 02, 2017 10:03PM ET
Ericsson (BS:ERICAs) (NASDAQ:ERIC) finished the first 5G demonstration in Indonesia, which included a 5G test bed and 5G New Radio. The demonstration, which achieved a peak downlink speed of 5.74 Gbps and latency as low as 3 ms, also included use cases such as a motion-sensing robotic arm, and live 4K video streaming.
The low latency and high reliability of 5G, together with intelligence residing in the cloud, will facilitate enhanced human-to-machine communication. This could have applications in remote surgery, road accident management and situations where humans might be unsafe.
Ericsson also showcased the ability of 5G to support 4K video streaming. Per the demonstration, 5G radio enabled a single network cell to support playback of 4K video by hundreds of simultaneous users. This technology will help cater to the ever-increasing consumer demand in Indonesia, where over 20% of smartphone users access online video daily.
Ericsson's 5G test bed covers all functionality needed for pre-commercial trials and support for features like beam forming and tracking, multi-site transmission, multi-user MIMO, ultra-lean design and dynamic TDD.
Per Ericsson, 5G has the potential to drive 34% revenue growth in 2026 (compared with 2016), for operators. For consumers, it will bring new applications like augmented reality and 4K video streaming, whereas industries will likely benefit from innovative IoT applications like smart transport and remote healthcare.
Ericsson’s demonstrations also included innovations in the areas of radio system evolution, industrialized cloud, connected industries and digital business solutions.
Touted as the next generation of mobile technology, 5G achieved rapid momentum over the past year. Ericsson remains the first industry player to market with combined core and radio for 5G use cases, spearheading the 5G revolution.
The company continues to aggressively drive progress in 5G technology and is engaged in multiple trial engagements with different operators across the world.
However, when it comes to performance on the bourse, 2016 was a tough year for Ericsson — a year in which the company stunned investors with a massive profit warning. Its share price plunged 39.3% over the year, far wider than the Zacks Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.