South Korea’s launch this week of national fifth-generation wireless services is about more than just bragging rights.
By beating the U.S. and China to the punch, it provides a major selling point for Samsung Electronics Co. against Apple Inc. in premium smartphones and Huawei Technologies Co. in the market for mobile network gear. It provides a chance for South Korean companies to show off their know-how and lay the groundwork to set standards and capture sales in a global 5G services market expected to grow to $123 billion by 2025.
