South Korea announced on Monday that it will roll out its 6G network using world-class technology, next-generation mobile networks based on advanced software, and strengthening its network supply chains. The news was announced by the Korean Ministry of Science and ICT.
The South Korean government will incentivize local companies to produce materials, components and equipment for the development of its 6G network. It also plans to strengthen its supply chain to support that network. A feasibility study is already underway which is researching the underlying 6G technology. The project is worth 625.3 billion won (about $482.1 million).
With this initiative, South Korea aims to beat the rest of the world in 6G technology. South Korea is the fourth largest economy in Asia and accounted for 25.9% of 5G patents in 2022 (meanwhile, China accounted for 26.8%). South Korea’s government hopes it can surpass 30% or more 6G patents among competitors.
6G will merge the virtual and the real, according to Zhang Yongtao, deputy general manager of Ericsson’s China technology department. He suggests that 6G will bring holographic communication out of science fiction and into reality.
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