South Korea is the most technologically advanced and digitally connected country; it has the third most broadband Internet users among the OECD countries and launched the world’s first 5G network in April, 2019. Korea is also home to industry giants like Samsung, LG and Hyundai, and is well-known as an information and communications technology (ICT) powerhouse, with core competencies across devices, infrastructures and services. Being one of the most innovative economies of the world, Seoul is ranked as the world's "leading digital city" and a "tech capital of the world"