TAIPEI (Taiwan News) — Japan telecommunications corporation NEC has begun supplying 5G technology to Taiwanese and Indian firms.
As countries take steps to remove Chinese-manufactured equipment from their telecommunications infrastructure, NEC hopes to capture the demand, Nikkei reported. NEC executive officer Yamashina Masakazu said the company has signed contracts with local firms, including India’s Tejas Network. The Taiwanese firms were not named in the report.
The report noted that three companies control over 70% of the global market for base stations: China's Huawei, Sweden's Ericsson, and Finland's Nokia. Japan’s NEC and Fujitsu currently only hold 2% of the global share.
The Japanese company is reportedly concentrating resources on its 5G network software. Instead of exporting to overseas markets, NEC seeks to work with local companies abroad on equipment. To reduce manufacturing costs, NEC would import equipment produced overseas in countries like India.
"Getting our IP out into the world is crucial,” Yamashina said. “In places where there are not enough branch offices, we'll work with partners.”