China Trusts Tongyu With Mission to Make 5G Antennas(Yicai Global) Aug. 8 -- Chinese antenna maker Tongyu Communication has won the bid to develop technologies for the nation's endeavor to roll out the first fifth generation wireless network.
The Ministry of Industry and Information Technology awarded Tongyu Communication with the CNY100 million (USD14.6 million) mission to produce 5G communication antennas, the Guangdong province-based firm said in a statement. The project will span over the next years to Dec. 2020.
The company needs to design low-cost and high-quality millimeter-wave array antennas, complete with testing procedures to fit the standards for mass production.
The ministry may help Tongyu to fund the project with subsidies up to 20 percent worth of the total investment, yet not exceeding CNY50 million for any individual undertaking.
Editor: Emmi Laine
