Chipmaker Xilinx's 5G orders kick off race to cash in on new networks

Carriers in South Korea and China plan to roll out 5G networks this year, and handset makers, including Samsung Electronics Co Ltd , plan to make phones work on those networks."The start of this ramp [up of 5G spending] is happening faster than we had thought," Xilinx Chief Executive Victor Peng said on the company's quarterly earnings call on Jan. 23.As the roll out accelerates, though, Xilinx will face competition from other chipmakers with similar products that allow constant tweaking of the