Light Reading
South Korea wants to be at the forefront of 5G developments and develop a larger and more influential network infrastructure sector.

South Korea Proclaims $1.5B 5G Push

Ray Le Maistre
1/22/2014
50%
50%

Building on its reputation as one of the most progressive 4G markets, South Korea's government is now targeting a leading role in 5G development and wants its domestic network infrastructure sector to be a greater presence in the global market.

The country's Ministry of Science, ICT and Future Planning has unveiled a 1.6 trillion Korean Won (US$ 1.5 billion) plan to develop and roll out trial 5G services by 2017 and commercial services by 2020, reports AFP.

The Ministry, in its full announcement (in Korean), also expects the 5G strategy to create 16,000 jobs.

To achieve those goals, the Ministry is seeking the help (and investment from) South Korea's operators -- KT Corp. , SK Telecom (Nasdaq: SKM), and LG U+ -- and the country's device and infrastructure vendors, LG Electronics Inc. (London: LGLD; Korea: 6657.KS) , Ericsson-LG , and Samsung Corp.

The Ministry also sees this as an opportunity for South Korea's network infrastructure sector to play a much more influential role in the global market: Its ambitious target, possibly inspired by the impact that China's Huawei Technologies Co. Ltd. and ZTE Corp. have had on the international stage, is that Korean vendors should command a 20% share of the global mobile network infrastructure market, compared with less than 5% currently.

Samsung, which earlier this year announced its foray into 5G R&D, has repeatedly stated its ambitions to develop its networks business overseas but has so far failed to have anything like the impact of the Chinese vendors. (See Samsung Enlists Ex-NSN Boss for Networks Help and Samsung: Inching Toward 5G?)

For more on early 5G developments and proclamations, see:

Ray Le Maistre, Editor-in-Chief, Light Reading

(1)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Ray@LR
50%
50%
Ray@LR,
User Rank: Blogger
1/22/2014 | 8:06:40 AM
Global market share - 20% target?
That's a very aggressive target for the Korean infrastructure vendors.... but I wonder of the Ministry knows something about SPrint's network rollout plans that maybe some of us don't? 

 

Even with a slice of the pie at Sprint, quadrupling the market share agaist what is already intense competition looks very ambitious....
Educational Resources
sponsor supplied content
Educational Resources Archive
Flash Poll
From The Founder
Is your network built on 'The Old IP,' or are you part of 'The New IP' revolution?
LRTV Huawei Video Resource Center
Innovating Access Technology With G.fast

10|1|14   |   3.42   |   (0) comments


Exploring the potential of G.fast technology from the point of view of the Broadband Forum, Huawei – and an end-user.
LRTV Documentaries
A Cultural Shift for an OTT World

9|26|14   |   01:41   |   (3) comments


Telcos need to embrace a new approach to partnerships if they are to generate extra revenues quickly and give customers what they want.
LRTV Documentaries
New Skills Needed as Telecom, IT Collide

9|26|14   |   4:07   |   (1) comment


As telecom and IT collide, new technologies are emerging, new skills are needed and new opportunities for women are arising.
UBB Forum News
Do IP Networks Need An Overhaul?

9|25|14   |   02:01   |   (0) comments


As traffic levels ramp, do IP networks need new technologies and topologies?
LRTV Documentaries
Sprint Wields Its Influence in the Valley

9|25|14   |   3:09   |   (11) comments


Anne-Louise Kardas, Sprint's connection to startups in the Valley, explains how telcos can be innovative and find new opportunities with partners.
LRTV Documentaries
SDN, NFV & The Future of XO's Network

9|25|14   |   3:47   |   (1) comment


XO Communications COO Don MacNeil explains how cloud, SDN and NFV are altering its network requirements as well as changing data centers of the future.
UBB Forum News
The OTT Conundrum

9|24|14   |   01:39   |   (0) comments


What is holding back prosperous partnerships between telcos and the OTT players?
LRTV Documentaries
Putting Broadband to Work

9|24|14   |   01:26   |   (0) comments


High-speed broadband network rollout is key to telco strategies, but it's what happens after the network is built that counts.
Light Reedy
Light Reading's Women in Telecom Recap

9|24|14   |   0:55   |   (4) comments


Our first Women in Telecom breakfast was a huge success, and we hope you'll join us in London for the next event on November 6.
UBB Forum News
Monetizing Ultra-Broadband

9|24|14   |   01:43   |   (2) comments


Ultra-broadband networks need to be built, with fiber-to-the-premises the ultimate goal, but they need to be monetized, too.
LRTV Huawei Video Resource Center
Sales Director of INIT on Plug & Play Switch Devices

9|19|14   |   3:21   |   (0) comments


INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
LRTV Huawei Video Resource Center
Saudi Arabia Upgrades Vocational Training System

9|19|14   |   3:31   |   (0) comments


The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
Upcoming Live Events
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Half of the world's population will be connected to the Internet by 2017, but not just by smartphones and desktops.
Hot Topics
Facebook Pokes Around LTE Direct
Sarah Reedy, Senior Editor, 9/25/2014
Is Redbox Instant Shutting Down?
Mari Silbey, Independent Technology Editor, 9/30/2014
Sprint Wields Its Influence in the Valley
Sarah Reedy, Senior Editor, 9/25/2014
US Ignite Cultivates Gigabit Apps
Jason Meyers, Senior Editor, Utility Communications/IoT, 9/25/2014
SoftBank Eyes a DreamWorks Buy – Report
Sarah Reedy, Senior Editor, 9/29/2014
Like Us on Facebook
Twitter Feed