The European Commission has hit American processor maker Qualcomm with a €242 million ($385.6 million) fine for abusing its market dominance in 3G baseband chipsets.

About 1.1 million Australian consumers aged 16 and above have indicated that they are very likely to buy a 5G-enabled smartphone when they next upgrade, with a further 2.9 million indicating that they would be somewhat likely to do so.

The British Government has taken a much more intelligent approach to the 5G security issue and has conducted an open and transparent process around it, the local arm of Chinese telecommunications equipment vendor Huawei Technologies says, adding that it had fully co-operated with the process.