Goldman Sachs predicts massive 5G smartphone boom in 2020 ...News

The 5G technology boom could be explosive for smartphone makers, according to Goldman Sachs. The Wall Street bank significantly increased its 5G smartphone estimates for next year. Goldman’s analyst Rod Hall pointed to his supply chain research indicating “much higher” 5G device sales than previously expected. “We are increasing our 2020 5G smartphone estimates to 120 million from 50 million as the supply chain continues to indicate much higher 5G device sales, particularly in China, than we have been forecasting,” Hall said. Also on rt.com Huawei to invest $1.5bn in its dev

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