Samsung’s new tech can boost Wi-Fi speeds by up to 500%

Samsung Electronics said it has developed a Wi-Fi technology that can increase data transmission speeds by five times the maximum rate possible with existing consumer electronics devices. The 60 GHz Wi-Fi technology will enable a 1 gigabyte movie to be transferred between devices in less than three seconds while allowing uncompressed high-definition videos to be streamed in real time, the Suwon, South Korea-based company said in an e-mailed statement today.