Samsung Electronics and Korean telecom operator LG U+ announced yesterday that they will team up to jointly develop 5G technology.
The two companies signed a memorandum of understanding on June 25, formally establishing a cooperative relationship.
Samsung and LG U+ said that their cooperation combined with Samsung's technology and LG U+'s understanding of end users will promote the development of 5G technology. In addition, Korean telecom operator KT has announced plans to showcase 5G technology at the 2018 Korea Winter Olympics.
The two companies agreed to complete the development of 5G technology by 2020. KT plans to commercialize 5G technology in Korea in the same year.
Samsung and LG U+ are working together to determine the best frequency bands for 5G technology and want to make their frequency bands a global standard. So far, six channels for 5G technology have been proposed, namely 27–29.5 GHz, 31.8-33.4 GHz, 37–42.5 GHz, 45.5–50.2 GHz, 50.4–52.6 GHz, and 64–74 GHz.
The two companies will also work together to make 5G technology potential for throughput and data capacity, such as smooth use of 5G services when moving at speeds of up to 500 kilometers per hour.
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