Apple's 5G move to spark Asian investment 'boom'

Next iPhone launch will drive spending on network infrastructure, say Huawei and others

KIM JAEWON and CHENG TING-FANG, Nikkei staff writers

SEOUL/TAIPEI -- Asian phone and telecom equipment makers expect soaring investment in next-generation communications technology after Apple reached a deal with chipmaker Qualcomm that paves the way for releasing a 5G iPhone as soon as next year.

Apple's fiercest rival, China's Huawei Technologies, and leading chip supplier Taiwan Semiconductor Manufacturing Co. both welcomed news that the U.S. tech giant settled a long-running patent royalty dispute with Qualcomm.

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