Market Overview

5G Wireless is Coming Soon, Says Samsung President

Share:
5G Wireless is Coming Soon, Says Samsung President
Related SSNLF
'Certainly Hasn't Been Dull': Roku CFO Breaks Down The Company's First Year Since IPO
10 Years Of Android: How The Operating System Reached 86% Market Share

Samsung (SAMSUNG ELECTRONIC KRW5000 (OTC: SSNLF) North America President and CEO Gregory Lee said 5G wireless is coming soon to Samsung devices, with early tests of the networks hitting 10 Gbps speeds, according to a report on Business Insider.

The report said the 5G will be 8–10 times faster than the 12.3 Mbps average speed of today's fastest mobile network.

Related Link: Elon Musk Denies Report That Tesla Is Working With Samsung On Its New Cars

At the Rutberg Future: Mobile 2016 conference in Half Moon Bay, California, Lee said the 5G will enable you to do things like:

  • "Download a movie in three seconds."
  • "Have every device in your home connected (including things like your fridge and other appliances)."
  • "Allow doctors to guide each other through a remote surgery procedure."
  • "Let a Jazz band play together remotely, creating real music in real time."

Business Insider, citing Lee, noted that the 5G should be compatible with current technologies, including 3G/4G and WiFi, thereby eliminating the need to upgrade every device in your house. But, Lee warns that users should buy a new phone.

Posted-In: 5G Rutberg Future: Mobile 2016 conferenceNews Tech Media Best of Benzinga

 

Related Articles (SSNLF)

View Comments and Join the Discussion!

Lockheed Martin Could Move Work On F-35 Fighter Jet Away From Canada

CBL Says It Closed Long-Term Fixed-Rate $73.0 Million Loan Secured By Fremaux Town Center