How will die-casting companies cope with the arrival of 5G?
Ministry of Industry and Information Technology of the People's Republic China recently announced that 5G commercial use has officially started! The development of 5G has promoted the upgrading of facilities and the number and cost of base stations are more than double of 4G. It takes about 7 years to build 6 million 5G base stations in China, with a total cost of 1.2 trillion to 1.5 trillion RMB. At the same time, 5G terminals will come to the market massively.
"China 5G Economic Report 2020" shows that in 2020, 5G commercial use will drive 900 billion RMB in investment in China and it will reach 1.5 trillion RMB in 2025. According to the report, the five industries of mobile terminal, automobile industry, industrial Internet, medical health, and pan-entertainment will take the lead to benefit from 5G.
The demand for 5G base stations and filters has driven the die casting suppliers. The difficulty of filter design and the increase of filter quantity are inevitable trend, and its corresponding value and sales will multiply. Facing such a huge market, how should die-casting companies cope with the present and future of 5G?
The new requirements from 3C and 5G telecom industry, new applications of structural parts, new energy vehicles, building templates keep stimulating the development of die casting technologies, semi-solid casting, squeeze casting and other new processes. Digitization, automation, and intelligence are also positively and profoundly motivating the industry with challenges and opportunities.
With the upgrading of smart workshops and e-information applications, the intelligent manufacturing has become a new method for enterprises to improve the management, as well as for full transformation and emerging markets exploration. With the theme of "Digital Application and Intelligent Development of High Efficient Die Casting Manufacturing ", China DIECASTING 2020 and CHINA NONFERROUS 2020 will once again showcase the solutions of whole die casting industry chain and lead the development trend of the industry into the future.