Samsung to build mobile Internet network in New York

SEOUL, Aug. 27 (Yonhap) -- Samsung Electronics Co. said Monday that it will build a mobile Internet network in New York to expand its homegrown technology in the United States, one of the world's largest communications markets.

혻 혻 "Recently, we received a request from Sprint Nextel Corp. for the establishment of a WiBro network in New York," Choi Gee-sung, head of Samsung's telecommunications business, told reporters at the 4G Forum currently underway in central Seoul. However, he didn't give details on timetables.

혻혻 WiBro, one of the major 4G communications standards, is an improved version of WiMax that enables high-speed Internet connectivity even when a user is in motion. WiMax refers to a wireless Internet technology developed by the world's largest chipmaker Intel Corp.

혻혻 Samsung, a global tech giant, and other Korean companies hold related core technologies.

혻 혻 In August 2006, Samsung signed a deal with Sprint Nextel, Motorola Inc. and Intel to cooperate in developing and commercializing WiBro in the U.S., one of the world's largest communications markets.

혻혻 It has built the WiBro network in five major cities and regions there including Washington D.C., Baltimore, Philadelphia and Boston, Samsung officials said.

혻혻 Samsung expects that the number of its WiBro network users in the U.S. will exceed 100 million next year and it will grow to 140 million in 2009 and 170 million in 2010, respectively.

혻 혻 "Within three or four years, we will be able to generate profits from our network business including WiBro," Choi said, adding his company will raise investment for its network business from 120 billion won (US$128 million) a year to 160 billion going forward.

혻혻 Meanwhile, Samsung has held the 4G Forum every year since 2003, aimed at facilitating the emergence of new communications markets and strengthening its market superiority in the sector. This year's event kicked off Monday for a two-day run with around 130 experts from academia, business, and the governments of 26 countries expected to be on hand.