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Samsung Electronics announced the development of its 60GHz Wi-Fi technology that enables data transmission speeds of up to 4.6Gbps, or 575MB per second, a five-fold increase from 866Mbps, or 108MB per second, the maximum speed possible with existing consumer electronics devices. As a result, a 1GB movie will take less than three seconds to transfer between devices, while uncompressed high-definition videos can easily be streamed from mobile devices to TVs in real-time without any delay.