STOCKS TELEGRAPH

Tag: 5G

  • Cango Inc. (CANG) Stock Trending Lower Despite Promising Outlook of EV Sector as 5G Technology Gains Steam

    Despite endorsing the EV boom, Cango Inc. (CANG) stock prices were down 6.17% as of the market closing on July 23rd, 2021, bringing the price per share down to USD$4.41 at the end of the trading day. Subsequent premarket fluctuations saw the stock fall by another 0.45%, bringing it down to USD$4.39.

    History of Automotive Industry

    July 23rd, 2021 saw CANG stock issues its latest bi-monthly publishing about the automotive industry’s status quo, CANGO Auto View, which contained an article that divided the industry’s most recent 100-year history into four developmental stages. The first era resulted in luxury car brands that by now have developed an illustrious history; the second marked the industrialization of the assembly line and global proliferation of manufacturers, and the third era saw Toyota focus on the leanness from its predecessor era and address an energy crisis. The fourth and current era marks the rise of electric vehicles, focused on electrification, intelligence, connectivity, and shared mobility.

    CANG stock link with 5G Technology

    As 3G technology resulted in the rise of the PC Internet era, 4G resulted in the mobile Internet wave. The automotive industry will be at the forefront of the array of industries that 5G is set to revolutionize. 5G technology is under continuous development and is repeatedly hitting new milestones. The automotive industry is also motivated to push for the transition from traditional automotive to electric and non-fossil fuel vehicles.

    Scope of 5G Technology

    CANG stock expects the costs of single data unit transmission to be cut down substantially as a result of 5G technology powering a massively increased network capacity. Given how electric vehicles demonstrate a superiority over traditional models in terms of intelligence development, such as with short latency, the deployment of 5G technology is generating expectations of increased intelligence of new energy vehicles.

    EV Sector in China

    China is the largest market for the electrification of vehicles, with both government and consumer clients having a great need for environmental protection and air quality improvement. The country also owns the largest number of Internet of Vehicles companies, signaling their consumers’ high acceptance of the Internet. With the supply of related developers and engineers, the applicability of the Internet in the automotive industry is being explored.

    Future Outlook for CANG Stock

    Its most recent issue of CANGO Auto View does well to shed light on the promising scope of the effect of 5G technology on the automotive industry. The electric vehicle industry is set to explode following the proliferation of 5G as the new standard for connectivity. Investors are hopeful that management will continue to leverage the available resources to facilitate worthwhile increases in shareholder value.

  • Datasea, Inc. (DTSS) Stock Skyrockets Following Announcement of 5G Agreements with Six Chinese Companies

    Datasea, Inc. (DTSS) stock prices soared by 46.4061% some time after market trading commenced on July 14th, 2021, bringing the price per share up to USD$4.2897 early on in the trading day.

    Purchase and Distribution Agreements

    July 14th, 2021 saw the company announce the signing of six purchase and distribution agreements by its wholly-owned subsidiary company, ShuhaiZhangxun Information Technology. The agreements will provide 5G Message-marketing Cloud Platform (5G MMCP) Version 3.0, while further enhancing product availability across China by adding new district partners. 5G MMCP is designed to unify customer and prospect marketing signals in a single view with functions such as precise SaaS value-added services, data monetization, and message marketing.

    Details of Agreements

    The companies that DTSS entered into the agreement with are spread out across Nei Mongol, Anhui, Chongqing, and Zhejiang. As per the agreement, DTSS and its partners will collaborate to capitalize on the exclusive authorization in designated districts in regard to the distribution of 5G MMCP Version 3.0, with access to commissions from sales. In return, the partnering companies will compensate DTSS for the provision of 5G messaging products and services. The total value of the deals comes out to roughly USD$136,940, of which DTSS has received USD$75,796.

    Building on Success

    The company’s research and development team continues its ongoing efforts to advance and consolidate its product offerings, with the constant development proving transformational, with the right execution. Concurrently, the company is continuing the rapid expansion of its distribution network across the country, with its most recent partnerships signaling the success of their strategy.

    Expanding Scope of DTSS

    The company has also reported seeing a surge in demand, as well as increasing inquiries from customers and business partners in regard to 5G MMCP. With the company pushing for the expansion of the scope of commercialization of 5G messaging to be introduced in the Chinese market, the company is keen to work closely with its customers and business partners in order to expand and consolidate its market footprint with a comprehensive marketing plan.

    Future Outlook for DTSS

    Armed with several new collaborative partners, DTSS is keen to leverage the resources at its disposal to continue proliferating the telecommunications market. Current and potential investors are confident that management will be able to allocate resources appropriately, so as to ensure significant and sustained increases in shareholder value.

  • Sonim Technologies, Inc. (SONM) Stock Continues Trending Down Despite Securing Design Win Awards

    Sonim Technologies, Inc. (SONM) Stock Continues Trending Down Despite Securing Design Win Awards

    Sonim Technologies, Inc. (SONM) stock prices were down by 3.07% as of the market closing on June 29th, 2021, bringing the price per share down to USD$0.6091 at the end of the trading day. Subsequent pre-market fluctuations saw the stock dip by another 0.34%, bringing it up to USD$0.61.

    Design Win Awards

    June 29th 2021 saw the company announce the securing of design win awards with a leading U.S cellular carrier for two of the company’s innovative ultra-rugged phones that are expected to be launched in 2022. The award is for an upgraded feature phone with enhanced PTT capabilities, as well as a smartphone with 5G capabilities. An RFP process used design specifications, feature set, and cost as parameters on which to base the carrier design win awards.

    Existing Awards

    With the addition of the designs into the U.S carrier’s portfolio for 2022, SONM now has design win awards from three of the US’s largest carriers. These awards are for upcoming products that are expected to be launched from the second half of 2021 through to the third quarter of 2022. These launches and the recent commencement of the shipment of SmartScanners signals the company’s commitment to expand its product portfolio and addressable market opportunity.

    Ahead of the Competition

    The company has proven itself to be a leader in the provision of rugged and durable mobile phones for task workers in hazardous industries such as public safety, construction, manufacturing, field service, transportation, hospitality, and more. With exact specifications pending, the upcoming products are rife with a plethora of key features. One such feature is OneTouch PTT, which is adedicated PTT button that facilitates instant communication without the need to open the device or launch an app.

    Key Features

    A Red (Emergency) Button instantly alerts dispatch and/or emergency services should the need arise, while ultra-loud speakers and noise suppression ensure communicability in the most adverse of conditions. The ruggedness of the devices is matched by that of a broad range of industrial accessories to address the common needs of first responders, including remote speaker microphones, wireless mics, in-vehicle mounts. The mobile phones will also come equipped to support 5G networks, FirstNet public safety broadband network, and CBRS-based private networks.

    Future Outlook for SONM

    Armed with the tenured security of its upcoming product launches, SONM is poised to push for the successful commercialization and proliferation of its product portfolio additions. Shareholder are keen to see the company leverage the resources at its disposal to ensure the company continues its trajectory of success.

  • Aurora Mobile Limited (JG) agreed to deal with China United Network Communications Ltd.

    Aurora Mobile Limited (JG) agreed to deal with China United Network Communications Ltd.

    Aurora Mobile Limited (NASDAQ: JG), China’s leading mobile development service provider, recently announced that with China United Network Communications Limited Beijing Branch, it has entered into a 5G strategic partnership framework agreement and a 5G messaging link test agreement. The two landmark agreements make Aurora Mobile Beijing Unicom’s 5G strategic partner and 5G messaging partner, marking the beginning of a new chapter in the history of Aurora Mobile as it cooperates with telecom providers to support 5G messaging applications in China.

    A significant aspect of the new-generation digital networks is 5G networking, also known as Rich Networking Facilities. Not only can 5G RCS upgrade networking services by replacing existing short messaging services, but it also provides the information service industry with a key inflection point. Based on international information service principles of the next decade, 5G RCS networks will embrace diversified multimedia formats beyond the text, including audio and video, eCards, and location information, greatly widening the number of communications that users will send and receive. It would also enable users to have a more in-depth digital contact experience, enabling them to access “one-stop services” in message windows, with search, discovery, engagement, and payment features.

    The agreement signed with Beijing Unicom to endorse the 5G RCS messaging link test reveals the industry-wide acclaim and belief that Aurora Mobile commands with its 5G RCS technological capability. The next moves will include keeping track with the accelerated rollout of 5G networks in China by Aurora Mobile, delivering additional resources to fuel the 5G RCS messaging ecosystem of Beijing Unicom, gaining deeper visibility into consumer demands, and extending high-quality G services.

    In the future, Aurora Mobile will continue to exploit its strategic advantages in the area of mobile Internet and the study and production of big data by effectively promoting the growth of 5G markets through its partnership with Beijing Unicom and all parties throughout the 5G ecological business chain. The Organization will continue to concentrate on the discovery, creativity, and growth of intelligent 5G RCS messaging technology-related apps, as it further embraces the ecosystem of connectivity networks and accelerates digital transition through different industries.

  • Verizon communication (VZ) aggressively expanding its 5G Ultra-Wideband Network

    Verizon communication (VZ) aggressively expanding its 5G Ultra-Wideband Network

    Verizon is beginning to broaden 5G service availability, planned to be the backbone of the 21st century that will shape the future. In Akron, OH and Nashville, TN, Verizon is pushing 5G forward by deploying a blazing-fast 5G Ultra Wideband service built through mmWave spectrum.

    Ultra-fast wireless speeds can now be experienced by users in 57 cities, attaining up to 4 Gbps in some locations under ideal conditions, allowing them to download and stream movies and TV shows in seconds, video conferencing and collaborating remotely in almost real time, and taking advantage of new interactive wireless user experiences that have never been available before. Verizon is planning to launch 5G Ultra Wideband in 60 cities by the end of 2020.

    With its 5G Ultra Wideband service – the world’s fastest 5G – which was built from the ground up for industrial and commercial use cases, Verizon continues to be a market leader. The 5G Ultra Wideband from Verizon offers throughputs way faster than 4G and as the technology improves, data volumes 100 times greater than today’s capacities and ultra-low latencies are expected to be handled, which is the time taken for a signal to make the round trip from point A to point B. For these groundbreaking capabilities, Verizon’s use of mmWave spectrum, the backbone of 5G Ultra Wideband, is extremely important. Customers in parts of Akron and Nashville now have 5G Ultra Wideband available.

    Nashville and Akron customers have very access to Verizon’s 5G Nationwide network which uses a high tech called Dynamic Spectrum Sharing (DSS) to operate on lower spectrum bands than 5G Ultra Wideband. With Verizon’s 5G Nationwide service, their 5G-enabled devices will remain on 5G technology utilising lower bands of spectrum when customers move outside Verizon’s 5G Ultra Wideband coverage area. This new technology maximises the customer experience on the Verizon network by enabling clients to use the full portfolio of current available spectrum from Verizon to serve all customers. In a number of ways, customers can use the Verizon network, from virtual learning to real-time gaming, which requires the ability to allocate real-time spectrum resources.