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Routine Diary readers know that tech isn't our normal beat. Our associate Jeff Brown will be familiar to our long time readers.
In fact, he had several triple-digit returns in his Brownstone Research portfolios last year. Here's what Jeff believes the tech sector will bring us in 2021 Each year, I like to take an appearance at the huge image and anticipate what's simply around the corner. Longtime readers of my work understand that I follow the most amazing tech trends on the verge of mass adoption.
These trends are experiencing exponential growth and producing incredible opportunities for investors. 5G Gadgets Our new 5G (fifth-generation) wireless networks are a subject I've been covering for years now.
Even though the COVID-19 pandemic interfered with supply chains last year, an outstanding 250 million 5G-enabled gadgets were still sold. Specifically in the 2nd quarter, there were supply chain disturbances, manufacturing delays, and work blockages. And all of this ultimately caused Apple delaying the release of the 5G-enabled i, Phone 12 by two months.
And that need is now going to be pushed into 2021. I anticipate that more than 500 million 5G devices will be shipped in 2021.
Phase 3 of 5G When I have actually spoken about 5G in the past, I have actually described its 3 various phases. In Phase One, the facilities of these brand-new networks is built out, including all the brand-new towers and fiber-optic circuitry that 5G will need. In Stage 2, 5G devices go on sale.
And in Phase 3, 5G services start to be provided. That's when we start to see applications working on 5G networks. Think about things like huge multiplayer video games over a cellphone. That's not possible with 4G. It will be with 5G. And my 2nd 5G prediction for 2021 is that we will begin Phase Three by this summertime.
More and more consumers will go out to purchase a 5G phone to gain access to these applications. 5G is going to open up a suite of incredible applications: self-driving vehicles, the Internet of Things, robotic surgical treatment, and more.
The investment chances going forward will be enormous. CRISPR Genetic Modifying Stepping away from 5G, the next essential technology I predict in 2021 is CRISPR hereditary editing. It's one of the most amazing developments in biotechnology.