Samsung's new 5 times faster Wi-Fi will allow HD-movie download in 3 sec flat

The new 60 GHz WI-Fi technology can transfer data as fast as a whopping 575 MB per second

Tech giant Samsung has created a new Wi-Fi standard that is five times faster than the current technology, and can transfer 1GB in just 3 seconds.

The currently prevailing Wi-Fi technology operates within the 2.4 and 5 GHz bands, and they are capable of reaching speeds of 108 MBps. However, the Samsung's new 60 GHz WI-Fi technology can transfer data as fast as a whopping 575 MB per second.

Samsung said that it will use the new 60GHz technology in a variety of products, including audio visual and medical devices and telecommunications equipment.

The Korean giant added that the new standard will be a big part of its push into the automated smarthome market.

The technology is expected to roll out as early as next year, but it will likely be a long time before they are as ubiquitous as the 2.4GHz and 5GHz devices used today, the report said.