Ericsson (NASDAQ: ERIC) today announced signing of a 5G Memorandum of Understanding (MoU) with Far EasTone, a leading telecom operator in Taiwan to jointly accelerate 5G development for Taiwan.
Under the agreement, a first 5G Lab in Taiwan is to be established at T-park, New Taipei Ciy in Taiwan. The Lab will be able to pioneer and innovate technologies such as enhanced network performance, IoT core platform, cloud-based technologies and advanced radio technology, with intention to advance technology evolution towards 5G.
Both parties will also collaborate and promote the evolution of 4G to 5G technology in Taiwan to academic institutions, public offices, industry bodies and enterprises, in order to bring latest mobile technologies and services to support more than 100 million connected devices at a 100 times faster connection speed for consumers and enterprises in Taiwan by 2020.
Yvonne Li, President of FET says: “We share the networked society vision with Ericsson and we believe Taiwan has to move toward industry transformation with full speed. Through our joint efforts with Ericsson, we are taking an important step toward bringing 5G capabilities to Taiwan, enabling the deployment of next generation of ICT applications and pioneering 5G services for consumers and enterprises, especially in the areas of transportation, media and utilities.”
Chris Houghton, Head of Region North East Asia, Ericsson says: “In addition to the valuable long term partnership with Far EasTone, our recent collaboration with another Far Eastern group company U-Ming in shipping industry has demonstrated the important role of ICT in business transformation. This MoU marks yet another milestone in Ericsson’s partnership with Far Eastern Group and Far EasTone. It will further contribute to the future economic growth in Taiwan by strengthening the differentiation and competitiveness of Taiwan on the global market.”
5G will drive an evolution of the entire future communications ecosystem, from devices to mobile access, IP core and the cloud. Ericsson's latest 5G test network initiatives cover the interactions between mobile devices and radio access networks in both indoor and outdoor scenarios, as well as the new capabilities and characteristics of core networks based on Network Functions Virtualization (NFV) and software-defined networking (SDN) technologies.
Notes to editors
About Far EasTone
Far EasTone Telecommunications (FET) is a leading company in Taiwan which provides telecommunications and digital application services. FET firmly adheres to the core values of Trustworthy, Proactive, Innovative, Accountable, Collaborative. Since its inception in 1997, Closing the Distance has always been the brand spirit of FET, and the company continues to innovate and develop in the hopes to “Transformation, Innovation and Wow”.
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