Europe is looking for cooperation with South Korea for 5g faster to develop. With the cooperation aims, among others, the European Commission that European companies will benefit from the move to 5g in a few years.
The Dutch european Commissioner Neelie Kroes on Monday in the South Korean capital Seoul to the agreement for cooperation to draw. She tweeted Monday morning, a photo, confirming the collaboration.
If Europe and South Korea to collaborate on 5g, it can lead to that European network companies such as Ericsson, Nokia and Alcatel-Lucent as the first the cell towers and other equipment ready for 5g. “In the nineties we were leading with gsm, it would be nice to be back in that position,” said Kroes at The Wall Street Journal. South Korea is already in that position, including LG and Samsung were close in on the development of 4g.
For now, 5g is still not standard; in the coming years, like European and South Korean companies to develop technology by the ITU, the standards choose, should be chosen as a 5g standard. The European Commission also puts more money in 5g: 700 million euros in four years. From European companies must spend three billion euro to recover.
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