Korea's 5G mobile communication service, the first commercialized service of its kind in the world, recently celebrated its second anniversary.
Korea has already established itself in the global market as a successful example of establishment of a 5G infrastructure that is outstanding in both quality and breadth of coverage. 5G is expediting fundamental changes in the telecommunication service paradigm and revitalizing the industrial environment through large investments. As a means of overcoming the economic hardships caused by COVID-19 and making Korea a leader in the era of smart automation, the Korean government's Ministry of Science and ICT (MSIT) is proactively creating a "virtuous cycle" 5G environment (in conjunction with the Digital New Deal). One part of the MSIT is Born2Global Centre, which has played a crucial role in this transition by connecting Korean startups with various opportunities worldwide.
4DREPLAY, a promising Korean startup that has been a member of the Born2Global Centre since 2017, manufactures special 4D technology. It is becoming noted as a global mobile communication service for its successful expansion of technologies and projects from Korean 5G-based sports content (professional baseball, golf, and so on).
In April 2019, 4DREPLAY began providing LG UPlus, a top-tier Korean mobile communication company, with 4DLive (a real-time, bullet-time, multi-view video streaming service) via mobile app. 4DLive is an immersive media technology that allows users to freely view videos on mobile devices.
Based on this domestic success, 4DREPLAY signed a contract with Japan's SoftBank in May 2020 to supply 4DLive to SoftBank's 5G mobile communication services. (One of the services displayed by SoftBank during a presentation of its 5G services was using 4DLive). SoftBank, which began providing 5G commercial services via 5G smartphone in March 2020, merged 5G and 4DLive with sporting events (e.g. baseball). 5G can send large quantities of data at ultra-fast speeds and is therefore used to broadcast sports videos in real-time while employing creative formats (free time point, multi-view, etc.)
4DREPLAY has also applied 4DLive to the 5G mobile communication services of Bell Canada, Canada's largest telecommunications company. In March 2021, an ice hockey tournament between the Vancouver Canucks and Montreal Canadiens was broadcast on TSN/RDS using 4DLive. These sports networks are owned by Bell Canada and are ranked among Canada's largest sports channels (alongside Rogers Media Group's Sportsnet and TVA Sports) since the foundation of TSN in 1984. 4DLive is currently featured as the "TSN 5G View/Vision 5G RDS" function on TSN/RDS's mobile app.
4DLive is a mobile-based, real-time, 360-degree video streaming service. Videos of a subject sent from the many cameras installed in a sports stadium (filmed from various angles) via 5G network can be edited by the viewer via 4DLive to be zoomed in or out at the desired angle, rewound, or replayed in real-time. This technology is hailed as providing a revolutionary, unmatched viewing experience that goes beyond passive video viewing in favor of enabling the viewer to control the movements of the subject on the screen from the desired angle and at the desired time.
4DREPLAY's bullet-time camera technology, 4DReplay (which is also used in 4DLive), is currently available worldwide for sports and entertainment events. The 4DReplay technology, which is used especially frequently in real-time "highlight" scenes for sporting events, allows the user to view videos of the subject from any angle thanks to footage filmed by scores of special cameras. Filmed footage can be edited, without rendering, and sent within five seconds—a significant advantage that makes 4DREPLAY perfect for real-time broadcasts.
Hongsu Jung, CEO of 4DREPLAY, said, "Many countries are starting full-scale commercialization of 5G services, which is resulting in global mobile communication companies seeking to fortify their 5G content. 4DLive, which allows the user to essentially take control of time and space by manipulating videos sent in real-time however that user chooses, will continue to give consumers around the world captivating, one-of-a-kind experiences that highlight all of the best features of 5G content."
Since entering the American market in 2016, 4DREPLAY has consistently been recognized internationally for its technologies, which are applied to/featured in broadcasts of many major Korean and international sporting events (MLB, NBA, PGA, UFC, KBO, etc.) and have become popular with sports fans worldwide.
By Yoon Sojung
Photos = Jeon Han
Seoul | March 17, 2021
An international forum in Seoul has proposed bolstering digital cooperation between Korea and Central and South American countries.
The 2021 Korea-LAC (Latin America and the Caribbean) Digital Cooperation Forum, held from March 17-18 at Lotte Hotel Seoul, was jointly hosted by the Korean Ministry of Foreign Affairs and the Ministry of Science and ICT.
Under the theme "Partnership toward Digital Innovation and Inclusiveness," the forum was attended by eight high profile officials, including ministers and vice ministers, from five Latin American countries: Costa Rica, Guatemala, Brazil, Colombia and Honduras. Experts and other high-ranking officers in digitalization from the region also took part via videoconferencing.
The forum discussed cooperation in areas such as 5G networks, digital government, cyber security, smart city and smart farms. Participants called Korea the best partner to work with in such collaboration.
The forum was the first high-level international gathering in the digital sector since Seoul announced the Korean New Deal last year.
At the forum's opening ceremony, Minister of Foreign Affairs Chung Eui-yong said, "Korea and Latin America are creating a new cooperation paradigm centered on the Fourth Industrial Revolution, 5G, digital government and artificial intelligence."
"We wish to pursue win-win cooperation though Korea's Digital New Deal policy and the digital transformation policy of Latin American countries. Our government also wants to share its pursued values of innovation and inclusiveness with other Latin American nations."
Minister Chung added that the Korean government will send a public-private delegation on e-government and information and communications technology to search for opportunities in customized cooperation projects with Latin America and share Korea's experience and benchmarks in digital transformation to narrow the digital divide.
Minister of Science and ICT Choi Kiyoung also introduced the Digital New Deal, one of the two pillars of the Korean New Deal. "Through the Digital New Deal, Korea is focusing on strengthening the digital ecosystem's DNA and boosting national competitiveness by building early a non-contact system in major sectors like education and social overhead capital."
"Through this forum, Korea will bolster solidarity with its Latin American partners,” he said. "Based on our win-win experiences, let us seek higher-level cooperation measures to effectively respond to the Fourth Industrial Revolution."
Costa Rican Minister of Foreign Affairs and Worship Rodolfo Solano Quiros said, "Korea is a world leader and a model country in digitalization of the economy and public service."
"Strengthened cooperation between Korea and Latin America will help narrow the global economic divide and the service gap in technology, medicine, and health and medical services among countries."
"Costa Rica hopes to follow Korea's example by narrowing the digital divide through policies such as building infrastructure for information and communications," he added. "By bolstering digitalization capability, we can overcome the waves of the Fourth Industrial Revolution and COVID-19 and recover."
In the forum's first session, "KOR-LAC Cooperation on Digital Transformation for Building Back Better and Preparing for the Future," Minister Solano said, "Latin American countries are effectively overcoming difficulties in the process of digital development by sharing their digital experiences with Korea."
In the same session, Colombian Vice Minister of Creativity and Orange Economy Adriana Padilla Leal introduced her country's "orange economy" (cultural and creative goods and services) initiative to overcome the pandemic and boost the country’s digital competitiveness.
Mentioning the four Oscars won last year by the Korean film "Parasite" as a benchmark, she said, "The orange economy focuses on promoting culture and creativity, helps artists and creators realize their various ideas, and extends the development of human resources and technology."
“We wish to cooperate with Korea in creative content sectors like film through diverse ways such as corporate joint ventures and signing an agreement in creative technology for digital transformation."
Participants on the forum's second day on March 18 discussed cooperation in cyber security, smart city and smart farms.
Livestreaming of the forum is available on the website k-lacdcf.or.kr.
Since 2017, Born2Global Center has been in continuous discussions with the Inter-American Development Bank (IDB) towards a bilateral Korea-LAC support of startups and in October of 2019 held the first Korea-LAC Startup Pitch Day and one-on-one partnership meetings between the two countries.
In the midst of the COVID-19 pandemic in 2020, Born2Global Centre has consistently hosted online meetings, meetups, and pitch competitions that further promoted bilateral collaborations and development.
These sustained IDB and joint venture endeavors have resulted in the first Joint Venture partnership to be announced in April.
The government has adopted the 2021 action plan for "Digital New Deal", which is a key pillar of the Korean New Deal initiative at the first Korean New Deal Ministers' Meeting in the new year.
Digital New Deal is a national innovation project that invests a total of 58.2 trillion won (44.8 trillion won in government spending) by 2025 to accelerate digital transformation of the Korean economy and society and create about 900,000 jobs.
After launching projects with about 2.4 trillion won, as part of the third supplementary budget of 2020, the government has strived to overcome the economic crisis and take a leap forward as a leading country through strengthening the data, network, artificial intelligence (D.N.A) ecosystem, promoting contactless industries and digitalizing education and social overhead capital (SOC).
The key pillars of the 2021 plan are to upgrade the D.N.A (Data, Network, AI) economic structure, establish a foundation for non-contact industries, and digitalize SOC (social overhead capital).
Born2Global Centre continues to play a role in this national innovation project by matching respective deep tech startups and supporting these companies in their growth and expansion to global markets.
The 2021 action plan for Digital New Deal policy is as follows.
- Strengthen the entire data life cycle and improve legislation for promoting innovation in all industries based on data
· Collect and share data
Promote the use of data in public and private sectors by collecting additional 150 types of "data for AI training" (292.5 billion won) such as the letters of the Korean alphabet to advance AI for Korean language, making 44,000 government data open (cumulative 142,000 data) and establishing six additional big data platforms
· Use data
Establish the informatization plan (ISP) to create an integrated platform for digital library, so that companies can utilize D.N.A. by supporting AI manufacturing consulting solutions, industrial data platform and providing data vouchers. The plan also ensures that anyone can readily access and use the national knowledge platform to promote knowledge sharing and dissemination.
· Improve legislation
Create a data control tower based on public and private partnership which oversees policies in data collection, application and utilization by the government to facilitate innovation in all data-based industries and improve legislation such as legislating basic act on data
- Promote services that apply 5G and AI to industries to create new digital markets
·Build 5G network
In order to establish 5G network at an early date, which will serve as the foundation for convergence services, include 5G equipments on the list for tax duction(+2%p) for commercializing technologies in new growth engines, continue to cut taxes and registration license taxes for investing in 5G facilities in districts where overpopulation is constrained within the metropolitan area
·Apply AI to all industries
By implementing major seven AI+X projects* and follow-up legislation tasks** of "the roadmap on improving AI legal framework" (Dec. 2020), respond to convergence and spread of AI, construct 6,000 smart factories and develop level 4 autonomous driving technologies (2021~2027, a total of 1.1 trillion won put into projects)
* ① medical image analysis and treatment ② pandemic response ③ coastline ④ensure industry complexes are energy-efficient ⑤ detect illegal forgeries ⑥ innovate regional flagship industries ⑦ promote public safety
** Set criteria for algorithm disclosure, legislate act on digital inclusiveness to ensure fair access to digital technologies, revise copyright laws to allow data mining, establish the roadmap for innovating regulations on self-driving vessels etc.
- Innovate services of the government based on AI, blockchain and cloud to provide administrative services in a preemptive and customized way
·Services with tangible outcomes for the public
Establish the "platform for digital driver's license" (10.8 billion won) which makes identification easier, and expand "AI secretary service" from nine to 39 services, which notifies and guides users to register and pay for public services through messaging apps
Conduct pilot projects (11.5 billion won) in five agencies to convert government administrative work to be digital based on 5G network, gradually relocate and integrate 9,500 information systems to public and private cloud centers to provide public service (51 billion won) in a stable and efficient manner
- To take initiative in the next-generation global digital market, support development of cutting-edge technologies such as 6G, next-generation AI, hologram and relevant companies
Develop 6G technologies overcoming the limits of existing technologies as well as key technologies including AI semiconductor designs, devices, equipments and processes (122.3 billion won)
Raise "Smart Korea Fund" worth over one trillion won and invest in companies in zero-contact industries, identify 200 promising startups in contactless industries and provide 30 billion won for commercialization funding, while also providing 200 "AI solution vouchers" (56 billion won) for developing new businesses
- Establish a sustainable and stable infrastructure for digital transformation of future education encompassing elementary, middle, high schools, universities and vocational training centers
Legislate the Framework Act on Promoting Remote Education (proposed in February) and revise the “guideline for use of copyrighted works for educational purposes” to expand the scope of using copyrighted works for the purposes of primary and secondary education
·Create learning-friendly environment
Install high-performance Wi-Fi to cumulative 270,000 classrooms in elementary and middle schools, provide up to 80,000 tablet PCs to carry out “pilot projects on online content-based textbooks” (12.8 billion won) to realize digital education
- Establish smart healthcare infrastructure in hospitals for providing safe treatment and carry out healthcare and caregiving programs for the vulnerable
Establish 1,000 respiratory clinics (50 billion won) and three smart hospitals (3 billion won) to prevent the spread of infectious diseases and develop “Doctor Answer 2.0” (5 billion won), which is a precision medicine software supporting diagnosis of 12 diseases such as lung cancers
·Smart health management
Conduct pilot projects on health management using AI and IoT (9.5 billion won) on 50,000 senior citizens, provide self-monitoring devices to 50,000 chronic patients (2.8 billion won) to help maintain healthy lifestyle
- Provide more support for online businesses to encourage more people to work from home amid digital transition in the COVID-19 outbreak and raise competitiveness of micro-enterprises
Provide vouchers for contactless services (216 billion won) to 60,000 small and medium-sized enterprises (SMEs) for them to be digital-based, develop software based on next-generation digital technology (5.6 billion won) in ways such as improving the quality of video conference system
Secure digital marketing channels (72.6 billion won) by holding online exhibitions involving participation from 53,000 micro-enterprises, establish about 20,000 digital shops (22 billion won) which support deployment of digital technologies such as IoT and 600 digital craft shops (29.4 billion won)
Digitalize critical transportation infrastructure across the country including roads, railways and airports for ensuring public safety
With the target of commercializing fully autonomous driving vehicles for the first time in the world by 2027, establish Intelligent Transport System (ITS) in 45% of national roads and C-ITS* in major roads (517.9 billion won) and create a "precision road map for autonomous driving" for 11,670km of general national roads (16 billion won)
* C-ITS (Cooperative Intelligent Transport System): a next-generation intelligent transport system which communicates between vehicles and between vehicles and transport infrastructure
·Railway and airport
Digitalize maintenance process of railway facilities (295.8 billion won) in ways including installing IoT sensors for inspecting facilities near railways and establish "contactless biometrics system" in major airports such as Gimpo, Gimhae and Jeju.
- Ensure public safety by managing dams and rivers real time and establishing "smart disaster prevention system" which extinguishes forest fires using drones
Deploy automatic and remote control system for drainage facility in 57% of national rivers (180 billion won) to prevent flooding, establish real-time monitoring system (30 billion won) and smart dam management system based on drones and big data in eleven dams (15 billion won)
Prevent human casualties by establishing early alert system (28.8 billion won) in 65 steep slopes and 105 districts vulnerable to natural disasters, create 10 new drone fire extinguishers to promptly extinguish forest fires and operate "flight training centers for drones used in forest fires" to nurture experts (4.6 billion won)
- Digitalize cities, industrial complexes and logistic infrastructure and facilitate contactless direct transactions of agricultural products and fisheries products
·Urban areas, industrial complexes
Expand smart city solutions to more than 15 local governments (30 billion won), launch national pilot smart city in Busan in December 2021 and establish two integrated control centers for industrial complexes (18.5 billion won) to ensure safety and manage traffic by using intelligent CCTVs and IoT devices as well as one platform for sharing logistics facilities (10 billion won)
Build two cutting-edge smart logistics centers in transport hubs that can be shared by small and medium-sized enterprises (SMEs) (5.9 billion won) and one smart logistics center for SMEs in port hinterlands (3.6 billion won), launch an integrated digital platform for export and import logistics for shared use of information on export and import logistics
Establish an integrated platform for public meals to promote consumption of agricultural products (5.6 billion won) and an online auction platform* for wholesale livestock product market (2.6 billion won), carry out R&D to ensure fresh distribution for facilitating contactless and direct trading of fisheries and improve institutions by amending* the "act on fishery products distribution"
* support system to facilitate direct transactions of fisheries, provide information on direct transactions, ensure systems including building big data platform to be specific
The government plans to successfully carry out the Digital New Deal initiative, which is in its second year of implementation and will manage the following programs in order to create tangible outcomes that can be felt by the public.
Establish "a roadmap for creating tangible outcomes" which outlines key achievements from each project by regularly holding inter-ministerial Digital New Deal working group briefings, raise awareness of Digital New Deal policy among the public by promoting key achievements of the policy from each ministry through holding briefing session
Overhaul legal framework and institutions to digitalize the Korean economy and society based on ten legislative tasks of Digital New Deal policy, continuously relieve issues on site through "regulatory sandbox system" which removes regulations curbing industrial development
Continue to supplement Digital New Deal policy through Ministers and Vice Ministers paying visits to regions and companies in order to get closer to the public and listen to their voices, identify new cooperative projects
By Kim Young Deok and Lee Jihae
Korea ranks second in the world in the average speed of the fifth generation (5G) mobile network.
This is according to Opensignal, a London-based mobile analytics company that released on Oct. 13 a report titled "Benchmarking the global 5G user experience – October update." In a survey of the average 5G speed in 15 leading markets for the mobile standard, Opensignal ranked Korea as the world's second fastest with 336.1 megabits per second (Mbps) after leader Saudi Arabia (377.2 Mbps).
"In all but two countries, our users see average 5G download speeds over 100 Mbps," it said.
Nos. 3-5 were Australia, Taiwan and Spain in that order, as these three all had an average speed in the 200 Mbps range. The U.S. was the lowest ranked among the 15 countries with 52 Mbps.
Korea was also fifth in 5G service availability with 22.2%. Saudi Arabia topped the list again with 37%, followed by Kuwait (27.7%), Thailand (24.9%) and Hong Kong (22.9%). The bottom three countries were the U.K. (4.4%), Spain (4.0%) and Italy (3.1%).
Korea was the world's first to launch commercial 5G service when it did so in April last year. Part of the core infrastructure of the Fourth Industrial Revolution, 5G is 20 times faster than 4G, can be connected to 10 times more devices and has a tenth of the lag time.
The technology is considered the driving force behind innovative changes in overall society, and thus major countries are engaged in fierce competition to gain dominance in the 5G ecosystem.
By Kim Young Deok and Lee Jihae
President Moon Jae-in on July 14 announced the specifics of the Digital New Deal, part of the Korean New Deal, saying "Adding our digital capabilities to industries across the board can help transform our economy from a fast-follower into a pace-setter."
In a national reporting meeting, he announced plans to invest KRW 58.2 trillion in the setup of a D.N.A. (data-network-AI) ecosystem to foster non-contact sectors and digitize social overhead capital to emerge as the world's No. 1 digital country.
For the ecosystem project, the government will first open 142,000 pieces of public data and utilize them in manufacturing, medicine and the bio industry. It will also push ahead with a convergence project combining 5G and artificial intelligence to create tangible content such as culture, sports and tourism, as well as set up smart museums and exhibitions based on information and communications technology.
A non-contact infrastructure will also be formed for fields closely related to daily life such as medicine and work to lay the foundation for the growth of pertinent industries. Eighteen smart hospitals to be built will also use digital technology in helping establish smart medical and caretaker infrastructure.
For public safety and convenience, a forthcoming management system for smart national infrastructure will focus on securing the people's safety and creating new industries. The government announced public investment of KRW 15.8 trillion by 2025 to set up a digital management system for sectors such as traffic, water resources and disaster response.
President Moon said, "Korea has the technology and capabilities to spearhead the digital revolution," adding, "We will strongly push digitalization in all areas of our lives, including the social, economic, educational, industrial and medical. In this manner, we will march toward becoming the No. 1 digital country, the global leader."
4DReplay, a member company of the Born2Global Centre, will be providing its 4DLive solution for Japanese multinational company Softbank's 5G mobile communications service. 4DReplay has been an active member of the Born2Global Centre since 2017.
4DLive is a media technology that enables immersive viewing of sports events on a mobile device. In early March this year, Softbank announced the details of its 5G services, highlighting one that utilizes 4DLive. Softbank has converged 5G with baseball games and other sports events. 5G supports high speed transmission of large-scale data, and will be utilized to relay a new type of sports videos in real time, including time-slicing at any angle.
4DReplay specializes in solutions creating 4-dimensional realistic videos. It is a technology that creates videos that leap beyond the boundaries of time and space using multiple 4K cameras. The essence is a function that allows viewers to watch a video at any given point in time. When applied to sports, movies, and television, it offers exhilarating scenes in real time. Unlike previous filming methods that are more focused on space, this technology showcases the movement of a subject from a 360° angle at any given moment.
Since first entering the US market in 2016, 4DReplay's technology has become recognized globally. Its realistic media technology has been used in the broadcast of major sports events, including those involving the NBA, NHL, MLB and PGA Championships, and UFC matches. The 4DReplay solution was utilized in the MLB World Series in 2019 and garnered great interest among baseball fans around the world. It is also being utilized for Korea's professional baseball league, which opened this year on May 5, and videos are being aired of all games taking place in Jamsil Stadium using 4DReplay technology.
In step with the increasing trend in "untact" (no-contact) media relay, 4DReplay plans to expand its reach globally, and is currently pursuing contracts with global telecommunications companies in North America and China.
Hongsu Jung, CEO of 4DReplay, said, "With the spread of an 'untact' culture, i.e., the social distancing that is prevalent due to the proliferation of COVD-19, we are seeing a rapid increase in inquiries not only from global media outlets and telecommunications companies wishing to relay videos using 4DReplay's time-slicing realistic media technology but also countries that have launched or are planning to launch 5G services."
By Hyunjin Choi
The joint declaration was made at the Telecommunication and Information Technology Ministers Meeting (TELMIN) outlining a mutual commitment to facilitate digital ecosystem especially in 5G and AI area between the 10-member ASEAN and South Korea.
Under the theme of “Smart Connectivity for ASEAN Digital Transformation,” ICT ministers convened in the Laotian capital of Vientiane last week to promote digital innovation throughout the ASEAN regions including Brunei, Cambodia, Myanmar, Laos, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam as well as South Korea.
Korea and ASEAN agreed to conduct diverse consulting projects and cooperate in 5G communication networks and AI fields to maximize the benefits and development of the new technology. They reached an agreement to form a united community pledging to implement Master Plan on ASEAN Connectivity (MPAC) and Sustainable Development Goals(SDGs).
Newly inaugurated Science and ICT Minister in South Korea, Choi Ki-young attended and stated that Korea will share its know-how in 5G, AI, and ICT fields with ASEAN partners as a global leader in the 5G sector.
“Though this opportunity, continued cooperation will help to build advanced digital ecosystem,” said Korean science minister, Choi Ki-Young. The ministers from Malaysia, Thailand, and Brunei expressed gratitude for support from the Korean government as to major ICT policies on 5G and AI.
Ahead of the joint declaration in TELMIN in Vientiane, Born2Global Centre(Chief Executive Director Jongkap Kim) under the Ministry of Science and ICT already set foot in the cooperative move for ICT field between Korea and ASEAN nations. It held “ASEAN-Korea ICT Partnership Platform 2019” on August 18th and 19th in Pangyo Startup Campus co-hosting with Seongnam industry promotion agency. The platform was prepared for both ASEAN major telecoms and Korean tech startups to develop the new business model cooperatively by expanding global networks. Over 50 leading Korean tech startups and 9 ASEAN telecommunication participated in the partnership platform and conducted over 120 business meetings, producing tangible business results.
By Hyunjin Choi
“5G will be prevalent throughout the globe like electricity with the connectivity of billions of devices,” said James Cathey, the senior vice president and president of Global Business for Qualcomm Technologies Inc. He made a speech on the 5G Future at the 20th World Knowledge Forum. He stated that 5G will create an unprecedented disruptive industry with the most powerful impact that other communication technologies have never shown.
“In the new age, 5G breaks down the barriers to innovation. People will come across the newest technologies ever such as 4K video streaming, virtual reality, autonomous vehicles and so forth.
Pathbreaking innovation is possible with 5G. People will witness how powerful it is to disrupt all the existing industries,” added James Cathey.
He also mentioned the economic effect that 5G can bring to the world. The economic contributions of 3G and 4G are around USD 10 bn and USD 3 tn respectively. However, 5G is expected to bring USD 12 tn of the economic effect to the world and create 20 million jobs.
In his speech, he pointed out the successful 5G launching in Korea. Korea is the world-first 5G commercialized country with 3 million 5G subscribers.
Another guest speaker, Lee Junehee, the Samsung senior vice president leading Technology Strategy team within Mobile Communications Business, emphasized on the 5G partnership.
“Since the initiation of 5G, Samsung is leading the 5G market through partnerships with prestigious global companies including Qualcomm. In this hyper-connectivity era, a vast range of collaborations are important no matter how big or small the companies are,” said Mr. Lee.
Mr. Lee claimed more than 2 million people worldwide are using 5G networks with Samsung 5G smartphones, boasting Samsung is the leading company in the 5G smartphone market. According to him, the subscriber number is expected to be doubled by the end of the year. Samsung has released 5 kinds of 5G smartphones including GalaxyS 10, GalaxyNote 10, GalaxyA 90 etc. Mr. Lee noted Samsung will provide a quality 5G service to consumers through collaboration with various companies.
Mr. Cathey anticipated the 5G era will be the most winning opportunity ever to the startups. He said it is the time when small yet strong companies can harness new technologies and innovation.
“Startups had hard time in the 3G and 4G age since they needed SW and engineers for technology development. In the age of 5G, however, tremendous infrastructure and supply chains are available for startups, making this time a big chance for them,” claimed Mr. Cathey.
The 20th World Knowledge Forum, Asia’s biggest debate and knowledge forum, was held on September 25th - 27th at Jangchung Arena and the Sillar Hotel in Korea. A media giant, Maekyung Media Group launched the forum with a mission to transform Korea into a knowledge driven nation, decreasing knowledge gaps by sharing ideas. Under the theme of “Perspicacity towards Prosperity for All”, more than 250 leaders around the world shared their insights from technology to socio-political issues.