SEOUL, Jan. 28 (Korea Bizwire) — LG Electronics Inc. said Monday it will work with the Korea Advanced Institute of Science and Technology (KAIST) to develop core technologies for the sixth-generation (6G) wireless network.

The Korean electronics maker opened a 6G research lab at KAIST in Daejeon, 160 kilometers south of Seoul, making a preemptive bid to lead the pack in the future mobile communication technology.

KAIST is one of South Korea’s leading research-oriented science and engineering institutes.

“In light of opening the 6G lab, we will bolster R&D for the next-generation mobile network to take a leading role in global standardization and create new business opportunities,” Park Il-pyeong, LG Electronics’ chief technology officer, said in a release.

Following the initial launch of the world’s first 5G network in December, South Korea’s three leading mobile carriers have been building infrastructure for the 5G network to support new mobile devices, autonomous vehicles and smart factories and cities.

5G promises far faster speeds for mobile phones and its reduction of the latency, or delay, inherent in most existing networks is critical for real time integration between humans and machines.

The upcoming 6G aims to integrate satellites for global coverage to provide far high data rates and faster Internet speeds than 5G, according to the International Research Journal of Engineering and Technology.

(Yonhap)