Swedish telecom company Ericsson recently signed a Memorandum of Understanding (MOU) with the Chinese Academy of Information and Communications Technology (CAICT) to expand research and development of fifth-generation (5G) technologies.

The cooperation between Ericsson and CAICT aims to boost research, development and standardization of 5G technologies.

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"CAICT is as committed as Ericsson to the international standardization of technologies through cooperation." said Cao Shumin, president of CAICT.

"We believe this is essential for achieving global economies of scale and fostering innovation. China, with a fledging ICT industry infrastructure and the world's largest number of mobile subscriptions, will continue to be a vigorous driver of ICT innovation and sustainable growth."

They intend to cover key areas including radio access technology, core network architecture and 5G application scenarios, which will be commercialized in 2020.

"We are very excited to be embarking on this new journey with CAICT towards the development of global 5G standards." said Ulf Ewaldsson, Ericsson's senior vice president and CTO.

"Ericsson and CAICT have a long history of successful cooperation and we share the belief that mobile broadband technology benefits society by lifting productivity and the quality of life, and thereby contributing to sustainable development for all." Ewaldsson continued.

TagsEricsson, Chinese Academy of Information and Communications Technology, ICT, CAICT, 5G, Standardization