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Tuesday, June 21, 2022 4:31:53 PM
https://www.investors.com/news/technology/5g-stocks-5g-wireless-stocks/?src=A00220
09:03 AM ET 06/21/2022
Augmented Reality To Boost 5G Wireless Demand?
Long-range, augmented reality apps could be a a driver for 5G stocks.
"We expect Apple to introduce an augmented reality/virtual reality headset, either by the end of 2022 or early 2023," Bank of America analyst Wamsi Mohan said in a note. "We view this technology as a game-changer as it will enable many new applications which will require high performance hardware and higher access speeds."
He added: "We now expect a stronger iPhone upgrade cycle in fiscal 2023 driven by the need for higher connectivity where augmented reality becomes the killer app for 5G."
AR and virtual reality are also expected to be part of the metaverse — virtual worlds enabled by digital technologies. Facebook-parent Meta Platforms (FB) aims to be a metaverse leader.
The metaverse, whether years or decades off, will give wireless network operators the chance to monetize 5G and 6G investments. In addition, the metaverse could open up new opportunities for investors in 5G stocks and, down the road, 6G stocks. Chipmaker Nvidia (NVDA) calls its development platform the omniverse.
Meanwhile, 6G wireless networks are expected to enable new holographic services, drive augmented reality applications and support the concept of digital twins.
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