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5G Wireless Debuts in South Korea
Posted
April 6, 2019
Views
1,017
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13
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April 6, 2019
1,017
13
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1.38%
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0:38Now PlayingSouth Korea’s launch this week of national fifth-generation wireless services is about more than just bragging rights.
By beating the U.S. and China to the punch, it provides a major selling point for Samsung Electronics Co. against Apple Inc. in premium smartphones and Huawei Technologies Co. in the market for mobile network gear. It provides a chance for South Korean companies to show off their know-how and lay the groundwork to set standards and capture sales in a global 5G services market expected to grow to $123 billion by 2025.
“Being the first means a lot because it means we’re the first to lay the entire 5G infrastructure, having overcome lots of technological difficulties through collaboration between telecom, phone and gear companies,” said Yang Maeng-seog, a vice president at SK Telecom Co., South Korea’s biggest carrier. “5G provides a chance for South Korea to take a leap again.”
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