How 5G Will Change Your Life | WHAT REALLY HAPPENED

How 5G Will Change Your Life

As Saxo Bank's Peter Garnry recaps yesterday's Apple event, the company introduced its iPhone 11 which now comes in three different versions with cheapest version selling for $699 which a price cut aimed to lure smartphone buyers back into Apple’s realm (at the expense of a drop in Apple's ASP). The stock market reacted positively to the news, but criticism has surfaced that Apple is falling behind as the new iPhone 11 is not coming with a 5G integration which makes almost impossible for Apple to have growth in China where local smartphone makers such as Huawei is introducing smartphone with 5G integration. Beginning in the second half of 2020 this will be a constraint for Apple.

Why does 5G matter?

To answer that question, we have excerpted from a recent Deutsche Bank report explaining "how 5G will change your life."

The thing is that unlike the move to 3G and 4G, some of the most important uses of the 5G network are unlikely to take place on a smartphone, at least for now. Instead, the initial uptake in 5G will likely be driven by the manufacturing industry and public utilities, not individual consumers. Some countries have made significant plans for this. Germany, for example, has reserved a 100 megahertz band between 3.7 and 3.8 gigahertz to be used exclusively by industrial companies for their local networks. German company Siemens is one of the companies at the forefront of 5G industrial applications (see our piece titled, ‘Siemens case study’).