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5G Growth Continues, Micron Chief Says

Fifth-generation wireless continues to grow, Micron's chief told investors. Sales rose 25% in mobile in fiscal Q4 ended Sept. 2 from the year-ago quarter. “We expect overall smartphone unit sales to grow this year, with sales of over 500 million…

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5G mobile phones forecasted” globally, said CEO Sanjay Mehrotra Tuesday. The typical 5G smartphone features more than 50% higher DRAM content and double the NAND content of a 4G phone, he said. “We expect 5G and AI to drive new innovation in applications such as AI-optimized video capture and editing that will fuel DRAM and NAND content growth for years.”