China launches world's first 10G broadband network in Hebei, surpasses global internet speeds
Beijing: China has launched its first 10G broadband network in Sunan County, Hebei Province, on Sunday, April 20. This marks a major step forward in the country’s internet technology. The new high-speed network was developed through a partnership between Huawei and China Unicom, reported Economic Times.
The 10G broadband promises extremely fast internet speeds up to 9,834 megabits per second (Mbps) for downloads and 1,008 Mbps for uploads. It also has very low latency, around just 3 milliseconds. This means data can travel much faster and more smoothly than before.
This new network is powered by a 50G Passive Optical Network (PON) technology. It helps improve how data moves through fiber-optic cables and supports high-bandwidth activities like cloud computing, virtual and augmented reality, 8K video streaming, and connecting smart home devices.
For example, downloading a full-length 4K movie that’s around 20 GB in size usually takes 7 to 10 minutes on a 1 Gbps connection. With this 10G broadband, the same movie can be downloaded in less than 20 seconds.
With this move, China is now leading the world in broadband technology, going ahead of countries like the UAE and Qatar, which also have high-speed internet.
The new network is expected to bring improvements in many areas, including healthcare, education, and farming, by allowing faster and more dependable data connections.
Huawei, founded in 1987 and based in Shenzhen, is a global leader in telecom equipment and has helped advance optical broadband and 5G technology. China Unicom, a major state-owned telecom company in China, offers broadband, mobile, and enterprise services across the country.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
