[Samsung Electronics Concall] "Continued Expansion of Domestic 5G Network... Prolonged COVID-19 Pandemic is a Headwind"

[Asia Economy Reporter Han Jinju] At the 2020 Q1 earnings conference call held by Samsung Electronics on the 29th, Lee Jong-min, Executive Director of the Wireless Business Division, discussed the 5G adoption plans by country and the outlook for the network business. He stated, "China is accelerating 5G deployment to stimulate domestic demand, while the United States and India are experiencing delays in base station installations and 5G frequency auctions due to COVID-19 lockdown measures. Europe is also expected to face delays in frequency auctions and commercialization schedules, and although the Tokyo Olympics have been postponed, Japan is expected to adhere to its existing 5G business rollout plans."

Executive Director Lee added, "Domestic carriers are continuing to expand their nationwide 5G networks, and major overseas carriers are also actively proceeding with 5G commercialization." However, he noted, "If the COVID-19 pandemic prolongs and worsens, there is a possibility that 5G investments by domestic and international carriers may be delayed, which could have a negative impact on the business if it continues for an extended period."

This content was produced with the assistance of AI translation services.