Researchers from the Electronics and Telecommunications Research Institute (ETRI) in South Korea have developed an optical networking equipment which claimed to facilitate 10 Gigabits per second transfer speeds.

According to the scientists, the equipment can transfer data 100 times faster than the speed of existing optical fibre allowing download of a high-definition film in just four seconds, reports Koreabizwire.

The equipment include, Optical Subscriber Network System which can support speed of 10 Gbps, and a 3.2 Tbps-level Optical Carrier Ethernet System which can automatically find an optimal transmission path.

The new technology will be used for 5G mobile communications, cloud services, machine-to-machine systems and high-quality multimedia services, the publication added.

ETRI head researcher Jung Hyun-hyu said, "By developing new systems, we expect small companies in South Korea with the technology will have an opportunity to enter the global market."