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South Korea getting 10 Gigabit per second internet and targets 50% 10 Gbps coverage by 2022
The Ministry of Science and ICT said it will work closely with local IT firms to adopt 10 Gb service, considered the core technology behind fifth-generation wireless technology as well as virtual reality and augmented reality.
The ministry plans to form a consortium to develop basic equipment and prepare networks for the rapid commercialization of the futuristic information superhighway.
"The ministry hopes to achieve competitiveness in the ICT industry by successfully commercializing 10 Gb Internet through close cooperation between the private and public sectors," an ICT ministry official said.
Asia's fourth-largest economy and one of the most connected countries in the world is aiming for 50-percent coverage of 10 Gb Internet by 2022.