5G communications will arrive soon and we are well positioned to take advantage of market opportunities. A large part of our R&D resources are dedicated to developing core technologies that will make 5G communications faster and more efficient.
Using our expertise in telecommunications equipment manufacturing, we are growing our business portfolio to include solutions for various clients outside the industry. One area we are particularly proud of is our partnership with ballast water management system (BWMS) manufacturers. While meeting new environmental standards set by the International Maritime Organization (IMO), our power solutions are playing a small but important part in saving our ocean ecosystems.