Telecom industry drives 5G development despite a dip in IT spending
The decline in the IT investment due to COVID-19 has led the telecom industry to continue with small-scale projects for now focusing on seeking operational efficiencies. However, in the long-term, the enterprise market is expected to drive investment in 5G technology to develop 5G SA core, fiber-optic network.
Intel restored its chip manufacturing supply chain and has kickstarted the production of specialized chips for 5G during coronavirus outbreak. Service providers with expertise in 5G technological development have good opportunities for successful sales engagement.