'Finally 5G' Apple Unveils iPhone 12 for the First Time
First Entry into the 5G Era
Offering a Diverse Product Lineup Across Various Price Ranges
[Asia Economy New York=Correspondent Baek Jong-min] Apple finally unveiled the new iPhone 12 supporting 5th generation mobile communication (5G) on the 13th (local time). Following Samsung Electronics, Apple also introduced a 5G smartphone. The 5G mobile communication market size in the U.S. is also expected to expand accordingly.
Apple held an online streaming event on the day and announced the first 5G-supported iPhone, the iPhone 12 series.
The iPhone 12 supports the 'millimeter wave' service, which provides faster high-speed service among 5G networks. According to the carrier Verizon, which supports this service, the maximum download speed reaches 4.0Gbps, and the maximum upload speed reaches 2.0Gbps.
The iPhone 12 features a design with edges forming right angles with the screen, differentiating it from previous iPhones. Although the iPhone 12 has enhanced performance, it is 11% thinner and 15% smaller in volume than the iPhone 11.
Apple also explained that the iPhone 12 is equipped with the 'A14 Bionic' chip, the first smartphone chip manufactured with 5-nanometer process technology, ensuring faster processing speeds.
On the same day, Apple also introduced the 'iPhone 12 mini' with a 5.4-inch screen and the iPhone 12 Pro. CNBC reported that Apple has now established a product lineup covering various price ranges, from the low-priced iPhone SE to the high-end iPhone 12.
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Despite the new iPhone announcement, Apple's stock price showed weakness on the day. Although Apple's stock price surged by 6% the previous day, it fell by as much as 3% during the trading session on this day.
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