South Korea plans to launch 5G Internet Network by 2020

Tech EyeSouth Korea, well known for being at the top of technological innovation, has invested $1.6 trillion won ($1.5 billion USD) to create the first widely accessible 5G internet services.

The speed of the service would be so high that a full movie of high quality could be downloaded within literally seconds. They also plan on integrating other technologies through the service, such as hologram transmission and a new form of social media.

“We helped fuel national growth with 2G services in the 1990s, 3G in the 2000s and 4G around 2010. Now it is time to take preemptive action to develop 5G. Countries in Europe, China and the US are making aggressive efforts to develop 5G technology, and we believe there will be fierce competition in this market in a few years,” the country’s science ministry said.

They are not just bragging; South Korea has plans to release the first trial by 2017, and be fully launched and running by 2020. That is far sooner than the projections for other countries around the world, where the idea is still rather theoretical.

While it is impossible to be sure that South Korea will get there first, there is a very strong possibility. They are well known as the technology capital, home of not only innovations in the consumer tech market, but the wide adoption of those innovations.

Par of their success is due to their willingness to sink enough money into projects to get them going. But they also go to great lengths to make it accessible and affordable, with alternatives that offer opportunities for people of multiple budgets. Technology is also better integrated into everyday society.

Given the fact that not everyone in the US even has access to an internet connection – a serious con with plenty of negative implications – it doesn’t seem like we are going to be one of the major contenders that South Korea will be racing. Neither is Europe. But China has been upping their game, lately, and I bet they will be the other ones to watch.

Source: CNN

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