Samsung to invest $7bn in chip factory in China
South Korean telco and handset manufacturer, SK Telecom and Samsung respectively, have announced a joint memorandum of understanding (MOU) in a bid to advance 5G research and development. The agreement will centre on providing large-volume and high quality services on gigabit data rates, such as augmented reality (AR).
Samsung Electronics claims to have set the industry’s first milestone in 5G development by announcing successfully achieved transmission speeds of 940MB per second in a stationary environment. Meanwhile, it also claims to have achieved transmission speeds of 150MB per second, in an uninterrupted mobile connection from a vehicle moving at over 100 km/h.
Samsung Electronics claims to have broken speed barriers in the development of 60GHz wifi technology. The 802.11ad wifi standard, dubbed “WiGig”, is claiming data transmission speeds of up to 4.6 gigabits per second (Gbps), a five-fold increase on current speeds of 866 megabits per second (Mbps) through the 802.11ac standard.
Samsung’s Q3 2014 pre-earnings guidance concedes the Korean giant is finding it tough to keep growing its smartphone shipments. Revealing that profits are likely to come in well below analyst expectations, Samsung pinned the blame mainly on its mobile business.