Today's official launch comes after the technology was presented at Huawei's Developer Conference in August. Compared with "traditional wireless technologies," Huawei says NearLink offers:

60% lower power consumption

Six times higher data transmission speed

1/30th the latency

7 dB improvement anti-interference for a more stable connection

Twice the coverage distance, and

10 times more network connections

It'll roll out in a variety of devices, including consumer electronics like phones, laptops, smart watches, connected-home gadgets, electric vehicles and industrial manufacturing gear, becoming a part of Huawei's HarmonyOS 4 operating system. It's already integrated into the company's latest Mate 60 smartphone.