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Regular Journal readers know that tech isn't our usual beat. Our colleague Jeff Brown will be familiar to our longtime readers.
In fact, he had a number of triple-digit returns in his Brownstone Research study portfolios last year. Here's what Jeff believes the tech sector will bring us in 2021 Each year, I like to have a look at the huge picture and predict what's just around the corner. Long time readers of my work understand that I follow the most amazing tech trends on the brink of mass adoption.
These patterns are experiencing exponential growth and producing incredible opportunities for financiers. 5G Gadgets Our brand-new 5G (fifth-generation) wireless networks are a subject I've been covering for years now.
Although the COVID-19 pandemic interfered with supply chains last year, an impressive 250 million 5G-enabled gadgets were still sold. Particularly in the second quarter, there were supply chain interruptions, making hold-ups, and work interruptions. And all of this ultimately resulted in Apple delaying the release of the 5G-enabled i, Phone 12 by two months.
And that demand is now going to be pushed into 2021. I anticipate that more than 500 million 5G devices will be shipped in 2021.
Phase Three of 5G When I've spoken about 5G in the past, I have actually explained its three various phases. In Phase One, the facilities of these new networks is built out, including all the new towers and fiber-optic electrical wiring that 5G will require. In Stage Two, 5G gadgets go on sale.
And in Stage Three, 5G services begin to be provided. That's when we start to see applications running on 5G networks. And my 2nd 5G prediction for 2021 is that we will start Phase 3 by this summer.
However they will care if there are amazing applications that can just be accessed with a 5G phone. So more and more customers will go out to buy a 5G phone to gain access to these applications. That leads to more 5G apps being established. In truth, 5G is going to open a suite of amazing applications: self-driving automobiles, the Internet of Things, robotic surgical treatment, and more.
The investment chances going forward will be massive. CRISPR Genetic Modifying Stepping away from 5G, the next important technology I foresee in 2021 is CRISPR genetic modifying. It's one of the most amazing advancements in biotechnology.