New Delhi, April 16: The 5G smartphone shipments are expected to grow a whopping 255 per cent by 2021, almost reaching 110 million units, a new report said on Tuesday.
According to Counterpoint Research, while the growth will be slow during the initial commercialisation phase in 2019, there will be an uptick in sales once countries shift from non-standalone to standalone 5G infrastructure.
"We also expect 5G chips to have a higher price point which will initially drive the cost of devices up. 5G capable devices will be premium only in the beginning. Also only a handful of countries will be deploying the first 5G infrastructure," Research Director Tom Kang said in a statement.
The US, Korea, China and Japan will be key markets for 5G infrastructure development and growth of smartphone sales.
"We are seeing some great initial developments happening in the US, South Korea, China, and Japan and expect growth to be concentrated in these countries due to their big roll-out plans for 5G starting in 2019," said Research Analyst Maurice Klaehne.
Other countries, especially in Europe, are more likely to leapfrog to standalone 5G as they will want to wait for concrete business cases to arise, before fully committing to the transition.
The overall handset market will slow to a CAGR of 1-2 per cent from 2018-2021 due to market saturation and product innovations that are not spurring growth.
"5G devices will begin gaining in share in the market, but overall transition to 5G could be slow and steady. Once we establish better 5G business cases and infrastructure, the market will begin seeing higher sales overall," noted Research Director Peter Richardson.
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Goma (Congo) (AP): A mine collapse on Tuesday at a major coltan mining site in eastern Congo left at least 200 dead, according to Congolese authorities, a number disputed by the rebel group that controls the mine.
The collapse took place on Tuesday at the Rubaya mines, which are controlled by the M23 rebels, according to a press release from the Ministry of Mines on Wednesday.
Fanny Kaj, a senior official in the M23 rebel group, which controls the mines, disputed the figure and said that the collapse was caused by “bombings” and only five people had been killed.
“I can confirm that what people are publishing is not true. There was no landslide; there were bombings, and the death toll isn't what people are saying. It's simply about five people who died,” Kaj said.
Ibrahim Taluseke, a miner at the site, said that he had helped to recover over 200 bodies from the area.
“We are afraid, but these are lives that are in danger,” said Taluseke. “The owners of the pits do not accept that the exact number of deaths be revealed.”
Rubaya lies in the heart of eastern Congo, a mineral-rich part of the Central African nation which for decades has been ripped apart by violence from government forces and different armed groups, including the Rwanda-backed M23, whose recent resurgence has escalated the conflict, worsening an already acute humanitarian crisis.
Congo is a major supplier of coltan, a black metallic ore that contains the rare metal tantalum, a key component in the production of smartphones, computers and aircraft engines.
The country produced about 40 per cent of the world's coltan in 2023, according to the US Geological Survey, with Australia, Canada and Brazil being other big suppliers. Over 15 per cent of the world's supply of tantalum comes from Rubaya's mines.
In May 2024, M23 seized the town and took control of its mines. According to a UN report, since seizing Rubaya, the rebels have imposed taxes on the trade and transport of coltan, generating at least USD 800,000 a month.
Eastern Congo has been in and out of crisis for decades. Various conflicts have created one of the world's largest humanitarian crises, with more than 7 million people displaced, including more than 300,000 who have fled their homes since December.
In June, the Congolese and Rwandan governments signed a peace deal brokered by the US and negotiations continue between rebels and Congo. However, fighting continues on several fronts in eastern Congo, continuing to claim numerous civilian and military casualties.
The deal between Congo and Rwanda also opens up access to critical minerals for the US government and American companies.
A similar collapse last month killed over 200.
