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Canaccord Counts 40 OEMs, 40 Carriers Launching or Announcing 5G, Eyes VR, Industrial IoT

Moving to 5G is “ramping faster than previous wireless generations,” Canaccord Genuity emailed Friday. It counts about 40 smartphone OEMs and 40 wireless operators “launching or announcing 5G products and commercial service.” 5G technologies likely create "compelling new business opportunities,” including virtual and augmented reality, autonomous driving, industrial IoT and smart cities, it told investors.