Chinese smartphone maker and integrated wireless data solutions provider Coolpad on Tuesday announced it has signed an MoU with Chinese state-owned telecommunication corporation China Mobile to produce 5G products and promote the innovation of the 5G terminal industry.
As one of the 13 global terminal vendors for 5G, Coolpad has signed the “5G terminal forerunner plan” with China Mobile.
The Memorandum of Understanding (MoU) was signed by China Mobile Terminal Co. and China Mobile Research Institute (on behalf of China Mobile) and other 28 partners signed the cooperative memorandum (MOU) in the presence of Li Huidi, Senior VP-China Mobile Group, Xu Yibo, Deputy Vice President of Coolpad Group and other senior leaders from the industry at the recently concluded World Mobile Conference Global Terminal Summit in Shanghai.
“Coolpad has pledged full cooperation with other parties of the ‘5G terminal forerunner plan’ in technical project research, application scene exploration, product form innovation and demonstration application promotion together to establish the mature 5G terminal industry ecology,” the company said in a statement.
Notably, the MoU defines the responsibilities of all parties, including the 5G terminal product form and the key time for the development of chips, terminals, components and instruments.
“As one of the mainstream terminal vendors, Coolpad has built a team and started to study the 5G’s standard since 2012. It spent 10 per cent of its annual sales on standard and innovation research in 5G,” the company added.