The South Korean government will invest 200 billion won for five years from 2021 en route to launching a 6G mobile services pilot project in 2026.
The target is for commercializing 6G services between 2028 and 2030.
The 6G mobile services are 50 times faster than 5G.
Prime Minister Chung Se-kyun finalized the government’s R&D strategy for future mobile telecommunication at a science and technology-related ministers meeting.
The strategy consists of laying R&D and industry foundations, preemptive development of next-generation technologies, and securing standard and high value-added patents.
The government will focus on the six key areas of hyper-performance, hyper-space, hyper-intelligence, hyper-bandwidth, hyper-precision, and hyper-trust to preemptively secure next-generation technology.
The target is to achieve a transmission speed of one-terabyte-per-second data, five times faster than 5G mobile services, and reduce delay time to one-tenth of 5G services.
The 6G communication services would also be available up to 10 km above the ground.
The government selected five areas for the pilot project: digital healthcare, immersive content, self-driving cars, smart cities, and smart factories.


Asian Currencies Rise as Yen Surges on Fed Rate Outlook
Treasury Yields Set to Stay High as Debt Supply Pressures Bond Market
ByteDance Secures $29.6 Billion Loan to Boost AI Investment
Asian Stocks Rise as Bond Yields Ease, Oil Prices Stabilize
Asian Stocks Rally as Fed Rate Hike Fears Ease
Anthropic Nears $15 Billion Credit Deal Ahead of IPO
US Oil Blockade Deepens Iran’s Economic Crisis
Asian Currencies Weaken as Dollar Rises, Kiwi Slides After RBNZ Hike
Deutsche Telekom Shares Rise as Elliott Pushes Against T-Mobile Merger
European Stocks Edge Higher as Bond Yields Ease
Oil Prices Surge as U.S.-Iran Conflict Threatens Hormuz Supply
Gold Prices Slide as Iran Conflict Fuels Fed Rate Hike Bets
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields
South Korea Inflation Rises to 3.1% in August
Australia Trade Surplus Beats Forecasts in July as Exports Fall 



