What is the current number of design wins for the company's 5G products? 
obably be able to demo or could do POCs with the customers out there and really fully operational systems about that number. We target a year, but it's a very aggressive type of targeting, about a year after tape-out. Usually, somewhere between a year and 18 months is the more type of reasonable type of assumption for getting a product out.
But let's remember that this is not the whole strategy. This is the longer-term strategy. The 5G deployment strategy that we're doing today is done around the products we just released over the last two quarters around our IP-50 family, which is winning in the markets right now. The whole chipset is targeted for the second wave of 5G when capacities really, really soar.
For the current design wins and that we're having and where we have a significant lead over the competition, the 50 family gives us the capabilities, both for 20 gigs in E-band, gives us capabilities like very wide channels in Europe for winning -- for being able to deploy macro 5G base stations with 4 and 8-gig capabilities with very, very small footprint. So, it's a whole evolution which I mentioned. And I think that's the same story we had around the 4G, it's a set of products that continuously rides the wave, starts with a certain sort of products in which we have ready at this point, and then additional products and services both in the radio domain, in the networking domain, in the management domains which help the customers really deploy the 5G. So, it's that whole sequence that we are walking -- deployed walking with customers and it's not just one point of time which is OK, yes, that's the next step, a very important step, a leading step, which I think very hard for others will be to catch up there, but that's only part of the story.
The whole story is the whole strategy we've been building on how do we very fast ride the 5G wave in different places around the world starting in Europe, U.S., Pacific Rim, and then later on a in the emerging market types of places where we have seen that. As an interesting point on this, we've been talking that we won and we moved in the last quarter from five to nine design wins, an interesting point this quarter, I think we are close to 10. I got news from one customer, a very important one, that they selected us and -- but I want to see I'll count it as 10 when I'll see the official paper on the table.
George Iwanyc -- Oppenheimer & Co. Inc. -- Analyst
OK. And then, I guess following up on the -- the 9, 10 design wins. Can you give us a sense of how rich the pipeline activity is both on the 4G side and the 5G side for the -- the next six months? And then, just maybe a bigger picture question about that which will be my last question. It's like the puts and takes on your annual guidance like what -- what would be something that accelerates it toward the higher end and what would pull it down toward the lower end of the range?
Ira Palti -- President and Chief Executive Officer
So, let's start, because I think the questions were focused on the profitability, but let's start with Q4 and the pipeline. Q4 was at the high end of our revenue run rate. '19 -- even with COVID we had higher bookings than we had in 2019. So, in 2020, higher bookings with COVID, around 4G, a little bit than in '19.
So, we are running. And I think that we're running in two areas. One, we continue to see significant 4G deployments in a lot of places where we do not see 5G yet for all sorts of reasons like handset pricing, technology readiness, and others, and people are deploying and delivering still a lot of capacity around 4G. See India, see Africa, see LatAm -- LatAm alone time slowed down because of capex from COVID in different places.
The 5G that we see right now and as the pipeline on the table, not large, and that's why we say the second half. Reason is that when we look at the 5G design wins, they are all initial deployments where we start to see the deployments. The initial deployments are mainly on fiber. I won't say even the second wave, but it's when you start going a little bit outside the cen
obably be able to demo or could do POCs with the customers out there and really fully operational systems about that number. We target a year, but it's a very aggressive type of targeting, about a year after tape-out. Usually, somewhere between a year and 18 months is the more type of reasonable type of assumption for getting a product out.
But let's remember that this is not the whole strategy. This is the longer-term strategy. The 5G deployment strategy that we're doing today is done around the products we just released over the last two quarters around our IP-50 family, which is winning in the markets right now. The whole chipset is targeted for the second wave of 5G when capacities really, really soar.
For the current design wins and that we're having and where we have a significant lead over the competition, the 50 family gives us the capabilities, both for 20 gigs in E-band, gives us capabilities like very wide channels in Europe for winning -- for being able to deploy macro 5G base stations with 4 and 8-gig capabilities with very, very small footprint. So, it's a whole evolution which I mentioned. And I think that's the same story we had around the 4G, it's a set of products that continuously rides the wave, starts with a certain sort of products in which we have ready at this point, and then additional products and services both in the radio domain, in the networking domain, in the management domains which help the customers really deploy the 5G. So, it's that whole sequence that we are walking -- deployed walking with customers and it's not just one point of time which is OK, yes, that's the next step, a very important step, a leading step, which I think very hard for others will be to catch up there, but that's only part of the story.
 The whole story is the whole strategy we've been building on how do we very fast ride the 5G wave in different places around the world starting in Europe, U.S., Pacific Rim, and then later on a in the emerging market types of places where we have seen that. As an interesting point on this, we've been talking that we won and we moved in the last quarter from five to nine design wins, an interesting point this quarter, I think we are close to 10. I got news from one customer, a very important one, that they selected us and -- but I want to see I'll count it as 10 when I'll see the official paper on the table.
George Iwanyc -- Oppenheimer & Co. Inc. -- Analyst
OK. And then, I guess following up on the -- the 9, 10 design wins. Can you give us a sense of how rich the pipeline activity is both on the 4G side and the 5G side for the -- the next six months? And then, just maybe a bigger picture question about that which will be my last question. It's like the puts and takes on your annual guidance like what -- what would be something that accelerates it toward the higher end and what would pull it down toward the lower end of the range?
Ira Palti -- President and Chief Executive Officer
So, let's start, because I think the questions were focused on the profitability, but let's start with Q4 and the pipeline. Q4 was at the high end of our revenue run rate. '19 -- even with COVID we had higher bookings than we had in 2019. So, in 2020, higher bookings with COVID, around 4G, a little bit than in '19.
So, we are running. And I think that we're running in two areas. One, we continue to see significant 4G deployments in a lot of places where we do not see 5G yet for all sorts of reasons like handset pricing, technology readiness, and others, and people are deploying and delivering still a lot of capacity around 4G. See India, see Africa, see LatAm -- LatAm alone time slowed down because of capex from COVID in different places.
 The 5G that we see right now and as the pipeline on the table, not large, and that's why we say the second half. Reason is that when we look at the 5G design wins, they are all initial deployments where we start to see the deployments. The initial deployments are mainly on fiber. I won't say even the second wave, but it's when you start going a little bit outside the cen