The emerging market for private 5G networks is giving key Apple suppliers a chance to diversify away from low-margin consumer electronics -- and break into a field long dominated by telecom equipment giants like Huawei Technologies.
Unlike public networks that are open to all users and usually require vast amounts of infrastructure, private 5G wireless networks are dedicated, local networks for use in a specific facility or location, such as a factory, hospital, logistics center, mine or farm.
Private networks with high data transfer speeds and extremely low latency can enable companies to employ artificial intelligence computing, big data analysis, remote operations and other cutting-edge technologies. The development of a new, open-access connectivity structure for 5G networks, moreover, means smaller electronics vendors have a chance of taking on Huawei, Ericsson, Nokia and difference between computer science and computer engineering, the dominant telecom equipment providers of the 4G network era.
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