China's telecom giant Huawei launched the world's first 5G chipsets "TIANGANG" at a press conference in Beijing on Thursday. 

So far, the company has received 30 commercial contracts for 5G, and shipped over 25,000 5G base stations globally, according to Ryan Ding, CEO of Huawei's Carrier Business Group. 

50% smaller & 21% less power consuming

Ding says the "TIANGANG" chipsets help make base stations over 50 percent smaller, 23 percent lighter, and 21 percent less power consuming. Their installation takes only half of the time needed for previous versions.

"Huawei now has industry-leading capabilities to deliver end-to-end 5G, with simplified 5G networks and simplified operations & maintenance (O&M)," said  Ryan Ding. "We are leading the commercial rollout of 5G, and building a mature industry ecosystem."

The newest chipset is highly integrated with a 250-percent increase in computing capacity. It also supports the 200 MHz high spectral bandwidth. That means the chips will meet the higher demand of the Internet in the future.

During the press conference, Huawei also released the world's fastest 5G multi-mode device chips and commercial devices.

The telecom giant is working on commercializing 5G. By the end of 2018, Huawei completed all pre-commercial testing and verification for its 5G products in China.

[Top Image: Ryan Ding, Huawei Carrier Business Group CEO speaks at the press conference in Beijing, January 24, 2019. /CGTN Photo]