Fibocom, a leading global provider of IoT (Internet of Things) wireless solutions and wireless communication modules, has announced a Strategic Partnership Agreement with Ericsson on 5G/IoT. Ericsson is one of the world’s leading providers of Information and Communication Technology (ICT) to service providers.
Tiger Ying, Fibocom CEO, and Alfred Yau, Ericsson North East Asia - Head of Strategy and Commercial Management attended the “Cloud Signing Ceremony”. Fibocom and Ericsson will work together to develop and promote modules, product testing, 5G applications in vertical industries. With combined advantages of technology and resources, both parties will jointly propel the prosperity of 5G.
According to the latest edition of the Ericsson Mobility Report released in June 2020, the number of global 5G subscribers will exceed 190 million by the end of 2020; by the end of 2025, it will reach 2.8 billion. Directly or indirectly, COVID-19 has affected everyone around the world, but 5G is still developing globally at a surprisingly fast pace. By leveraging the unique advantages of both parties, Fibocom and Ericsson will carry out in-depth cooperation in 5G applications such as smart factories, smart cities, telemedicine, remote education, finance, government, and other sectors to jointly provide seamless wireless solution to customer in vertical industries.
Ericsson is one of the world's leading ICT industry leaders and a global provider of 5G network equipment. It is a very great pleasure for Fibocom to reach strategic cooperation with Ericsson in areas including wireless end-to-end solution, 5G private network, and Industry 4.0. Fibocom and Ericsson will work together in the future for brand promotion, product promotion, and product testing, jointly make more achievements in the 5G industry.
Zhiwei Zhang, Head of Marketing, Market Region North East Asia at Ericsson said 5G development in China is on the fast track. Looking back at the evolution of each generation of communication technology, only when chipsets, modules, terminals, networks and applications reach end-to-end intercommunication can they achieve the commercialization of next-gen mobile technology, and 5G is no exception. This year in 2020, 5G is commercialized at scale, their strategic cooperation with Fibocom bears a special significance. With their collaboration in the complementary fields of network deployments, terminals, and modules they can leverage their advantages of technology and market to popularize 5G application in different vertical sectors, expecting the 5G blossom to reap soon.
