Telecommunications

While Samsung and Apple have remained as top two smartphone vendors in the world.

Xiaomi and its main Android handset rivals, including Huawei, Oppo, and Vivo, had been hoping to boost sales this year with 5G smartphones.

The company is now producing a VR documentary where many creators across China show their lives amid the coronavirus outbreak.

Will the 5G technology development bring new growth to China’s sluggish mobile phone market?

New retail, enterprise services, artificial intelligence, and capital management are other sectors included in the partnership.

China will also have more than 70% of the world’s 5G subscribers by the year’s end.

Since the end of 2019, Beijing has built an additional 9,000 5G towers and doubled the number of users.

The new lab will promote the research of next-generation communication technologies.