Investment bank UBS has recommended investors buy 5G-related stocks following the unveiling of Apple’s iPhone 12 models, which are compatible with the new high-speed wireless network.

Apple’s new family of smartphones, which were made available for pre-order on 16 October, a week ahead of the on-sale date, will use 5G’s superfast network, which is 20-times faster than the 4G networks used by the current generation of iPhones.