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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen9/28/2018 11:18:20 AM
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How 5G Wireless and Cloud Computing May Make $1,000 Phones Obsolete

It’s been 20 years since some tech companies introduced a cheap, low-powered computer dubbed the NetPC that connected with a more powerful server to run applications. The effort was a flop, but the concept could be back as wireless networks move to much faster 5G technology.

AT&T, for example, plans to build thousands of small cloud computing data centers in central offices and other locations across the country. With the faster and more capable connections phones will have using 5G, users could rely more on the computing power in these cloud servers and not need such powerful processing chips and other expensive components, according to Mazin Gilbert, vice president for advanced technology and systems at AT&T.

“Can my $1,000 mobile phone be $10 or $20 dollars, where all the intelligence is really sitting at the edge?,” he asked, speaking at AT&T’s Business Summit on Thursday in Dallas. “It’s absolutely possible.”

Read More - Fortune
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