Source: Zhitong Finance and Economics
Wedbush, an investment bank, pointed out that even if concerns about the economic downturn remain, there are still "significant opportunities" for companies related to the cloud computing and semiconductor industries.
As the recently concluded World Mobile Congress (Mobile World Congress) showcased the products of technology companies from various fields, the investment bank Wedbush pointed out that even if concerns about the economic downturn remain, there are still "significant opportunities" for companies related to the cloud computing and semiconductor industries.
Wedbush analyst Dan Ive pointed out that$Amazon (AMZN.US)$、$Microsoft (MSFT.US)$、$Alphabet-C (GOOG.US)$It is likely to see an increase in spending by telecom companies, as these three companies have been working with 5G mobile technology in recent years at a time when the world is continuing to deploy 5G mobile technology.$T-Mobile US (TMUS.US)$、$AT&T (T.US)$、$Verizon (VZ.US)$和$Dish Network (DISH.US)$Agreements have been signed to help the latter achieve a more efficient network, lower latency and faster speeds.
Analysts point out that Amazon.Com Inc's cloud computing department AWS cooperates with all three major telecom companies and signed an agreement with Dish Network last year; Microsoft Corp reached a cooperation agreement worth about $2 billion with AT&T Inc in 2019 and acquired the latter's network cloud platform technology; Alphabet Inc-CL C,$IBM Corp (IBM.US)$Have signed agreements with the telecommunications industry. These partnerships are likely to benefit the industry as a whole, especially those at the top, thanks to opportunities in edge computing, which brings data processing power closer to devices.
Analysts added: "as 5G continues to advance nationwide, it is clear that cloud service providers have a multibillion-dollar opportunity."
In addition, analysts also pointed out that the semiconductor industry occupies an important position in the World Mobile Communications Congress.$Intel (INTC.US)$、$Qualcomm (QCOM.US)$和$NVIDIA (NVDA.US)$Both position themselves as profiting from the shift to 5G.
Analysts quoted data from GSMA as saying that more than 1 billion 5G connections are expected by the end of this year and 2 billion by 2025, further confirming the fact that there will be "significant opportunities" for companies related to the cloud computing and semiconductor industries.
Edit / Viola