Samsung looks to 5G to boost its business in 2020

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Samsung looks to 5G to boost its business in 2020
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Samsung says it will release a number of 5G smartphones in 2020 across different price points.

Samsung has a number of businesses, from chips to smartphones, which could benefit from the increased rollout and adoption of 5G networks.Samsung says its chip and networking business could be helped with the increased adoption of 5G.Alex Tai | SOPA Images | LightRocket | Getty ImagesThe South Korean electronics giant has a number of businesses, from chips to smartphones, which could benefit from the increased rollout and adoption of 5G networks.

"Accelerating commercialization of 5G is likely to increase demand for 5G smartphones," a Samsung executive said on its fourth-quarter earnings call on Thursday. The company plans to expand its "5G product portfolio" across a "wider range of price points."

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