South Korean Ministry of Science and ICT released public order to fund two consortia for commercialization of 10 Gbps internet speed in country

Briefing

March 23, 2018

Briefing	South Korea Network – South Korean Ministry of Science and ICT released public order funding two consortia more than $800,000 to fast track development and adoption of commercialized 10 Gbps internet speed in country Commercialized Gigabit Internet – Fastest broadband service available will provide strong foundation for adoption of high-bandwidth or high-traffic technologies, such as augmented and virtual reality, as well as 5G Internet-of-Things networks Ministry Goal – Aims to increase cooperation between public and private sector, increasing competitiveness in ICT industry
Accelerator	Networks and Connectivity
Market Disruption	Innovation, Competitiveness and Trade
Sector	Government (excluding military), Information Technology, Telecommunications
Source	Wang, B., "South Korea getting 10 Gigabit per second internet and targets 50% 10 Gbps coverage by 2022", Next Big Future, http://www.nextbigfuture.com/; "S. Korea pushes to commercialize 10-gigabit Internet service," Yonhap News Agency, http://english.yonhapnews.co.kr/; Mu-Hyun, C., " South Korea to fund 10Gb internet push", ZDNet, http://www.zdnet.com/; AcceleratingBiz analysis
Original Publication Date	March 18, 2018

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