As part of a larger initiative to hasten the development of 5G and usher in the 5.5G era for the information and communications technology sector, Huawei Technologies Co. will release a full set of commercial 5.5G network equipment next year.

According to analysts, the rapidly approaching 5.5G will be a crucial turning point in 5G evolution. “The plan comes amid rapid progress in 5G deployment over the past four years that is already yielding significant financial gains,” China Daily stated.