Taiwan has the world’s third-fastest 5G download speeds, a report released yesterday by wireless-mapping company Opensignal said.
Taiwan ranked third for the average speed using an active 5G connection with a figure of 272.2 megabits per second (Mbps), trailing South Korea, which had an average speed of 354.4Mbps, and the United Arab Emirates (292.2 Mbps), Opensignal said.
Taiwan’s ranking was an improvement from fourth in a report that Opensignal released in October last year.
Photo: Wu Pei-hua, Taipei Times
In terms of 5G peak download speed, defined as the average speed experienced by the top 2 percent of users, Taiwan ranked fifth at 654.4Mbps, behind Saudi Arabia (862.6Mbps), South Korea (764.6Mbps), Switzerland (723.0Mbps) and the United Arab Emirates (700.5Mbps).
Taiwan was fourth in terms of the improvement in download speed from 5G over 4G with a 5G download speed 7.7 times faster than 4G, Opensignal said.
The only countries that showed greater improvements were Thailand, the Philippines and Saudi Arabia, it said.
The results were released in an Opensignal report titled Benchmarking the global 5G experience.
The survey examined the real-world 5G experiences of mobile users in 15 countries from Oct. 1 to Dec. 29 last year.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to
RSS