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Foxconn said to partner with Ericsson for 5G R&D

Dec 30, 2014 (Updated Jan 12, 2016) Cellpex, United States, Ohio - admin

Foxconn Electronics (Hon Hai Precision Industry) reportedly is preparing to invest NT$4 billion (US$126.16 million) and a team of 200 technicians for 5G communication technology development and is considering forming cooperation with the largest telecom carrier in Europe Ericsson, looking to join the establishment of 5G standard during 2016-2018 to compete against Samsung Electronics and Huawei, according to a Chinese-language Commercial Times report.

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