5G Plus Working Committee to Hold Video Conference on the 24th

[Asia Economy Reporter Koo Chae-eun] The Ministry of Science and ICT held the '5G Plus Working Committee' meeting via video conference on the 24th. At this closed-door working committee meeting, a report on the 2021 implementation plan of the government's ‘5G+ Strategy’ was presented, and progress and discussions on key strategic industries were conducted.

Attendees included officials from the Ministry of Science and ICT, SK Telecom, KT, LG Uplus, Samsung Electronics, and LG Electronics, who engaged in heated discussions. Jang Seok-young, the 2nd Vice Minister of the Ministry of Science and ICT, who chaired the working committee, stated, "Unlike the 4th generation mobile communication (LTE), which was limited to the mobile communication market (B2C), 5G's core lies in creating new industries and services based on B2B through convergence between industries." Vice Minister Jang added, "We will strive to secure early 5G B2B references by discovering and expanding various 5G convergence services utilizing the 28 GHz band frequency, and to activate services and promote growth in related industries."

During the meeting, industry representatives and experts discussed difficulties in promoting new businesses based on 5G by sector, and agreed to develop measures for the full-scale cultivation of the 5G market through public-private cooperation. Based on the discussions of the working committee, the government plans to further accelerate the execution of the 5G+ strategy at the '5G+ Strategy Committee' scheduled for December.

This content was produced with the assistance of AI translation services.