A majority of Taiwanese are not inclined to switch to 5G service within the next six months, as most of them are waiting for the cost to drop, an online poll released on Thursday by 1111 Job Bank (111人力銀行) showed.
The nation’s three major telecoms have launched 5G services over the past two months.
The average cost of a monthly data plan is NT$1,399, almost twice the average NT$703 most consumers are prepared to pay, the poll found.
The survey found that 52.8 percent of respondents are not considering applying for 5G service in the near future, with 31 percent of them naming cost as the main deterrent.
People are also not motivated to switch to 5G service, because they think 4G is adequate for their personal use (24.9 percent), they are concerned that 5G base stations might not have enough coverage (21 percent) and the devices they own do not support 5G (18.8 percent), the poll found.
Of the respondents who want to switch to 5G service, 64 percent said they would use it for smart home technology, 61.7 percent to watch online content and 53 percent for work, the survey found.
“While 4G brought significant changes for consumers, we are talking about industrial applications for 5G, especially in the manufacturing sector,” Far EasTone Telecommunications Co (FET, 遠傳電信) vice president Eric Li (李明憲) said.
Nearly 100 companies, more than half of which are in the manufacturing sector, are collaborating with FET on 5G, as the technology can be used to improve the manufacturing process, enhance supply chain management and help create a safer workplace, Li said.
5G is poised to become a game changer in people’s lives, 1111 Job bank spokesperson Vivi Hwang (黃若薇) said.
“5G technology’s characteristics of wider bandwidth, 1 millisecond latency and its ability to accommodate more devices per unit area than 4G will change how people work and live,” she said.
Hwang said that since the beginning of last month, the number of 5G-related job vacancies on the 1111 site has grown by about 20 percent, while searches for “5G” on the site have increased by 30 percent.
The survey, conducted from Aug. 1 to 14, collected 1,568 valid responses. It has a margin of error of 2.48 percentage points and a confidence level of 95 percent.
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
SEASONAL WEAKNESS: The combined revenue of the top 10 foundries fell 5.4%, but rush orders and China’s subsidies partially offset slowing demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) further solidified its dominance in the global wafer foundry business in the first quarter of this year, remaining far ahead of its closest rival, Samsung Electronics Co, TrendForce Corp (集邦科技) said yesterday. TSMC posted US$25.52 billion in sales in the January-to-March period, down 5 percent from the previous quarter, but its market share rose from 67.1 percent the previous quarter to 67.6 percent, TrendForce said in a report. While smartphone-related wafer shipments declined in the first quarter due to seasonal factors, solid demand for artificial intelligence (AI) and high-performance computing (HPC) devices and urgent TV-related orders
MINERAL DIPLOMACY: The Chinese commerce ministry said it approved applications for the export of rare earths in a move that could help ease US-China trade tensions Chinese Vice Premier He Lifeng (何立峰) is today to meet a US delegation for talks in the UK, Beijing announced on Saturday amid a fragile truce in the trade dispute between the two powers. He is to visit the UK from yesterday to Friday at the invitation of the British government, the Chinese Ministry of Foreign Affairs said in a statement. He and US representatives are to cochair the first meeting of the US-China economic and trade consultation mechanism, it said. US President Donald Trump on Friday announced that a new round of trade talks with China would start in London beginning today,