The phone probably is going to aim for the markets that support such speeds like United States and Australia.
The Chinese company says it's a "forward-looking smartphone" for the 5G era, though the successor to 4G LTE is not expected to come until at least 2020.
The company has announced that it will launch a new smartphone, named as Gigabit Phone, during the Mobile World Congress (MWC) 2017, which will take place in Barcelona. While we're likely still a ways off from seeing 1Gbps wireless speeds, it's still good to see ZTE prepping for the future by working on a 1Gbps-capable smartphone right now.
Now, let's talk a bit more about this smartphone, shall we. Only recently, Qualcomm announced the first device to be capable of supporting gigabit LTE, the Netgear Nighthawk M1 mobile router, along with Telstra, NETGEAR, and Ericsson in Sydney. The modem can handle speeds up to 5Gbps and is said to become available next year.
By way of comparison, Qualcomm's older X12 modem could only support maximum download speeds of 600Mbps, as opposed to the 1Gbps maximum offered by the X16.
China's ZTE is all set to launch a phone - called the Gigabit - so fast you won't actually be able to use it. There's no word on the other specs, the availability, or even what networks/carriers they are partnering with to make this phone's promised gigabit speeds possible.