South Korea took a lead in the transformative technology as on Wednesday it became the first country in the World to launch nationwide 5G services, with three superfast networks going live offering data speeds that allow users to download entire movies in less than a second. Also today Samsung’s S10 5G became the world´s first available smartphone in South Korea with a built-in fifth-generation communication framework.
Hours later US giant Verizon began commercial services in Chicago and Minneapolis after rival AT&T made a 5G-based system available to selected users in parts of 12 cities in December.
South Korea´s three mobile carriers — SK Telecom, KT and LG Uplus — held launch events across Seoul for the Galaxy S10 5G, whose base version costs around $1,200.
Interactive virtual-reality displays and robot demonstrations were on show to tout the capabilities of the latest iteration of mobile internet speed, and new users were excited about the possibilities, especially live streaming of sports games and university lectures.
Internet of Things:
Commercializing 5G gives South Korea the chance to build around the technology, which is crucial for the future development of devices such as autonomous vehicles and the Internet of Things.
It is expected to bring about $565 billion in global economic benefits by 2034, according to the London-based Global System for Mobile Communications, an industry alliance.
Chinese entities own a total of 3,400 5G patents — more than a third of the total, according to data analysis firm IPlytics — with 1,529 of those registered by Huawei. South Korea comes next, with its companies holding 2,051 patents, while US firms have 1,368 together.