5G Wireless will soon become a reality according to Qualcomm’s SnapDragon x50 Modem Chipset

Qualcomm is an American multinational semiconductor and telecommunications equipment company.  Qualcomm likes to claim that they’re the reason you love your smartphone; mostly due to the fact that you can connect to the internet with their chipset technology.

Qualcomm said today that it has successfully tested a 5G data connection on its Snapdragon x50 5G modem chipset for the first time.  5G wireless promises to bring 5 gigabits a second wireless data to our smartphones meaning faster internet speeds.

Image Credit: Qualcomm.com

Qualcomm paid for a research paper created by David Teece, professor at the University of California at Berkeley, and market researcher IHS Markit to assess the impact of 5G mobile technology — which Qualcomm is playing a big hand in bringing about — on the economy. That report said 5G would create 22 million jobs and $12.3 trillion in impact on goods and services by 2035.

Qualcomm is making the announcement in Hong Kong at a trade event. The company said the demo will help accelerate the delivery of 5G services to consumers, which could still take years to materialize for most smartphone users. Qualcomm undertook the first demo at a lab in San Diego, California, using several 100-MHz 5G carriers. The company says the tech will usher in an age of significantly better network capacity.

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