The over-the-air test conducted by Huawei, Deutsche Telecom and Intel to showcase 5G interoperability has emerged as the first successful one in the world. Intel’s 5G NR Mobile Trial platform and the 53 base station of Huawei was used in the test. The successful test marks another step in the march towards the launch of 5G solutions developed by Intel and which will support various connected devices by next year.
With the 5G NR Mobile Trial Platform of Intel, operators and equipment makers will be empowered to get to the market faster as 5G network designs can be developed more quickly and this includes band capacity, spectrum as well as handover solutions. The research cooperation between Huawei and Deutsche Telecom on 5G networks started two years ago and the two companies have committed to accelerate the adoption and development of 5G networks.
Quarterly financial report
The 5G network tests coincides with Intel releasing its fourth quarter results which beat the estimates of analysts. Consequently Intel’s stock rose on the back of a 10% dividend hike as well as indications that the chipmaker is handling the security flaws that were recently disclosed successfully. While Intel acknowledged that the fallout from the security flaws was capable of hurting future results, executives of the company said they didn’t expect it to happen.
On an earnings call the chief executive officer of Intel, Brian Krzanich, said after the software fixes the chipmaker would design solutions into the chips later in the year. The chief financial officer of Intel, Bob Swan, indicated that he didn’t foresee the vulnerabilities to have a meaningful pact on earnings.
“They had all these bullets flying at them with these chip flaws, but when I look at these numbers, it’s a blowout across all metrics. That makes it a bulletproof quarter,” a Synovus Trust fund manager, Daniel Morgan, said.
Data center business
Intel’s revenues from the data center business increase by around 20% to reach a figure of $5.58 billion. This was higher than what analysts had estimated – $5.13 billion. Though revenues from the personal computer group of Intel reached a figure of $9 billion in the quarter, this was a decline of 2% compared to the previous year. Yearly revenues however increased by 3% to reach a figure of $34 billion.
For 2018 Intel predicted that its revenues would reach a figure of $65 billion and this is higher than $63.7 billion that had been forecast. Intel’s tax rate in 2018 will be 14% following the overhaul of the U.S. tax code.