Chinese technology company Huawei Technologies Co. brings 5G and smart services to sectors such as healthcare, creating new revenue streams that could offset the damage to its smartphone business from US sanctions.
In the southern city of Guangzhou, the company has partnered with Guangdong Second Provincial General Hospital to equip it with 5G technology and more than 10,000 smart devices that can collect patient data and send it to its doctors and nurses in real time.
5G is an ultra-fast wireless technology that allows a large number of smart devices to connect to the Internet at the same time. The current technology, 4G, is slower in data transfer and supports fewer devices.
Huawei is the world’s largest supplier of 5G technology equipment, although it is excluded from the United States and other key markets. Last year, it was also briefly the world’s largest mobile phone manufacturer, surpassing South Korean rival Samsung.
But sanctions imposed by Washington have prevented Huawei from obtaining the computer chips necessary for its phones. Last month, the company predicted that sales of its smartphones could fall by as much as $40 billion, or about 80%, this year.
Delivering 5G technology and services to healthcare, finance and even education is one way to increase your revenue.
“We all know that compared to previous generations of communication technologies, 5G has the three characteristics of high bandwidth, low latency and huge connections,” said Guo Zizhong, director of Huawei Smart Hospital Business Division in China.
“In fact, when it comes to adapting all three characteristics, the medical field fits them very well with industries from all walks of life.”
The hospital in Guangzhou, a city of 15 million people, uses a variety of smart technologies, including a 5G ambulance equipped with medical equipment and cameras to transmit data and images in real-time, enabling doctors to make better diagnoses while patients travel to the hospital. go to hospital. they can be treated as soon as they arrive.
Experts agree that while 5G can increase data collection and multiply the facets of any device, it should still be more profitable.
Caroline Chen and Zen Soo contributed to this report.