South Korea recorded an average 5G download speed of 351.2 Mbps, to be hailed the fastest in the world, according to a report by industry tracker Opensignal.
Saudi Arabia was a distant second with 272.8 Mbps, followed by Taiwan at 247.7 Mbps.
Opensignal based its report on data collected between Sept. 1 and Nov. 29 in 15 global markets with 5G networks.
South Korea was the second fastest after Saudi Arabia from a previous report by Opensignal in October.
Meanwhile, South Korean 5G users placed third in time spent connected to the network at 24.6 percent, behind Kuwait at 29 percent and Saudi Arabia at 27.8 percent.
South Korea was the first to commercialize the 5G network in April last year and has racked up under 10 million users as of end-October, accounting for 14 percent of the country's 70 million mobile subscriptions.
However, the country has yet to commercialize the standalone version of 5G, with its network requiring support from 4G LTE.
The country's three major mobile carriers pledged to invest up to 25.7 trillion won until 2022 to establish nationwide 5G coverage and update network infrastructure.


Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 



