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After 2 years, smartphone users still hungry for 5G, faster speed

When 5G networks were first rolled out in South Korea in April 2019, telecom operators claimed that their ultrafast mobile speeds and low latency would usher in a new era for smartphone users and even power future technologies from autonomous vehicles to virtual reality (VR) content to cloud gaming. Fast forward to 2021, self-driving cars are still a way off and cloud games still work on previous 4G LTE networks. The next-generation networks have instead faced user disappointment due to slower-than-expected speeds and patchy network connection, leading to underwhelming adoption, reports Yonhap news agency. Average download speeds on 5G were around four times faster than 4G LTE, according to a government report last year, compared with initial promises of being up to 20 times faster.

Hyundai to recall Kona EV and replace LG batteries over fire risk

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

The $1 13 billion recall: Hyundai to replace batteries in 82,000 electric cars due to fire risk

Hyundai electric cars in €736 million worldwide recall

Hyundai electric cars in €736 million worldwide recall Updated / Thursday, 25 Feb 2021 16:27 Motoring Editor The first major global recall of electric cars is underway as Hyundai sets about replacing battery systems in over 80,000 cars sold around the world. Hyundai is to replace battery systems in some 82,000 electric vehicles globally due to fire risks. Reuters reports that it s a costly 700 million Euro recall and is one of the first mass battery pack replacements conducted by a major car manufacturer. The recall mostly concerns the Kona EV, Hyundai’s biggest-selling electric car which was first recalled late last year for a software upgrade after a spate of fires. One of the recalled Kona EVs caught fire in January, however, and South Korean authorities launched a probe into whether the first recall had been adequate.

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