South Korea to Invest $1.5 Billion in 5G Technology 1000x Faster Than 4G LTE

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Posted January 27, 2014 at 4:29pm by Shalom Levytam

South Korea's Ministry of Education, Science and Technology (MEST) has announced that it will invest $1.5 billion to develop a 5G technology 1,000 times faster than 4G LTE. The network will be fast enough to download a 800MB file in one second, reports Mashable.

MEST plans to roll out a trial 5G service by 2017 and have a commercial service available by 2020. In addition to developing the 5G network itself, MEST will prioritize developing new, key features for 5G, including Ultra-HD streaming, hologram transmission and upgraded social networking services.

South Korea estimates that sales for related industries could reach $310 billion from 2020 to 2026. MEST wants to implement its plan with help from operators like SK Telecom and Korea Telecom; as well as companies such as Samsung and LG.

In May 2013, Samsung announced that it successfully developed a core technology for 5G which would let users can download and upload data at speeds of up to tens of gigabits per second (Gbps), compared to 75 megabits per second (Mbps) for LTE.

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South Korea to Invest $1.5 Billion in 5G Technology 1000x Faster Than 4G LTE

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Truck68 - February 1, 2014 at 9:21pm

You people are only looking at phones. This is bigger then phones. 5g could eliminate the cable running to your home. Cable boxes could do more and faster at 5g wireless. There is so many things to look forward to with the multitude of device on 5g

gamerscul9870 - February 1, 2014 at 9:22pm

Maybe roku, Apple TV can pull it off.

miskol - February 2, 2014 at 1:26am

OK then, let me generalize my earlier comment... "no matter how fast they developed it, they still have to wait for Apple to produce a product that can actually use it for everyday use."

Apple stated - January 29, 2014 at 2:34am

That's if the world is around after 2020...

miskol - January 28, 2014 at 11:33am

no matter how fast they develop it, they still have to wait for Apple to produce a smartphone that can actually use it for everyday use.

gamerscul9870 - January 28, 2014 at 12:00pm

Yeah, look how the fart gear watch came out, and trolls love to support themselves all they want, but doing it on an apple site will make us sound 2x smart because they don't even understand what is posted here.

Fukran John - January 27, 2014 at 9:54pm

And appple would copy it just like that :). Make it and they are waiting :)

groupon - January 27, 2014 at 7:23pm

y do ppl think the faster is always better? burning through gasoline in your car doesnt always mean its better? why dont they increase the phones stock capacity to one terabyte? then it would make sense to have a speed to fill it up; they are going about it all wrong

gamerscul9870 - January 27, 2014 at 7:36pm

They have to wait for apple to do it in order to.

sidewinder - January 28, 2014 at 3:52pm

@ groupon: reread that and think again.

liuping - January 27, 2014 at 5:33pm

Cool. we'll be able to blow through our 2G data caps in less than 1/2 a second. ;)

gamerscul9870 - January 27, 2014 at 5:21pm

But can they get more bands than apple. The Max is currently 25 & 26.

Mendo - January 27, 2014 at 5:08pm

5G can download files 800mb in one second ! Oh my god , my comcast can download 25 Mbps ! Unbelievable

paulMOGG - January 27, 2014 at 4:45pm

Brilliant, now that's amazing technology !

John - January 27, 2014 at 4:32pm

Oh my!