5G smartphone sales in South Korea to top 10 mn this year: Report

The shipment of 5G smartphones in South Korea is projected to top 10 million units this year, with a sharp sales increase expected in the current quarter.

According to market tracker Counterpoint Research, sales of smartphones supporting 5G networks here are estimated to reach 10.3 million units this year, more than double from last year’s sales of 5.1 million units, reports Yonhap news agency.

South Korea rolled out the world’s first commercial 5G network in April 2019. The number of 5G subscribers in the country stood at 9.25 million as of the end of September, according to data from the Ministry of Science and ICT.