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South Korea first to roll out 5G services, beating U.S. and China
Why is it in news?
- South Korea launched the world’s first nationwide 5G mobile networks to be the first providers of the super-fast wireless technology.
More in news
- Telecom providers:(1) Three top telecom providers—SK Telecom, KT, and LG Uplus—began their 5G services.(2) In the event, Verizon began rolling out its 5G services in Chicago and Minneapolis, a week ahead of schedule.
- 5G over 4G:(1) The technology can offer 20-times faster data speeds than 4G long-term evolution (LTE) networks.(2) It also provides better support for artificial intelligence and virtual reality with low latency.
- Why is it important?: The technology is crucial for the future development of devices such as self-driving vehicles and is expected to bring about $565 billion in global economic benefits by 2034.
- First 5G customers: K-pop stars and an Olympic gold medallist are first 5G customers.
- Samsung on top: Samsung was the first to unwrap a 5G phone in February when it unveiled the Galaxy S10 5G and a nearly $2,000 folding smartphone, putting the world’s top smartphone maker by volume in pole position in the 5G race.
Source
The Hindu