Articles

2015-08-04 12:38:48

5G will change the World in 2020 as never before

By: Paula Molina

The Taiwanese multinational Huawei and other companies in Japan and South Korea like Samsung and LG are working in the development of the 5G technology, which promises to revolutionize the daily life of the global population.

This new technology will increase the speed and the number of connections up to 10Gbps (currently the maximum capacity is 100 Mbps), with 10 billion connections and latency (waiting period) lower than 1 millisecond.

 To achieve these ambitious goals firms are making millionaire investments as Huawei's Marketing and Solutions President Zhang Shunmao highlighted the Taiwanese firm will invest $600 million dollars in research and development of 5G. This technology firm is one of the leading manufacturers of telecommunications networks as well as Ericsson, Nokia and other Asian firms.

 During the past few months series of international events have been held to standardize and regulate the new trends of the 5G. The main discussed topics are the standardization and strategy of 5G spectrum, the mobile broadband (MBB) and the Internet of things (IoT). The main objective of these new technologies is to increase user coverage around the world, which, according to Houlin Zhao, Secretary General of the ITU "5G coverage will drive inclusion, development and economic growth worldwide."

 The 5G network plan has expanded throughout the world but Asian countries have begun not only to develop the technology of the future they also have started testing this new technology. For example, the Government of South Korea said they started testing 5G since 2014 helped by SK Telecom, Korea Telecom LG and Samsung. 5G network has great economic potential, according to South Korean Government's, which forecast that  "sales for industries that use 5G infrastructure could reach $310 billion dollars from 2020 to 2026."

 Japan is also investing in new telecommunications technologies including 5G and IoT. The Japanese Government biggest motivation is to accomplish and operate with this innovating technology in 2020. During the 1964 Olympic Games, Japan was a global pioneer introducing  innovating technology as the first television live broadcast satellite, the first color TV broadcasting and was the first country to use computers to keep statistics of this event.

 This time Japan does not intend to be left behind, and for this reason the 3rd World’s largest economy aims to provide a 5G network for 2020 and a 8K ultra HD transmission. To achieve this, NHK, Japan's national television broadcasting station, works in the development of this technology with the support of production equipment developed by Sony.

 There are great business opportunities in the technology and telecommunications industry. Especially because this 2020 revolution in hyper-connectivity will benefit us from simple life use like control household appliances to have connection in disaster areas or even disaster prevention devices.

ALAS Asia is at the forefront in projects with business opportunities in Asian markets, we can help you find opportunities that will benefit the overall success of your business. You can contact us info@alasasia.com

Sources:
Fortune 
Mashable 
Huawei 
ITU 
Economist



 

 

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