GiFi is making an entrance - 5Gbps wireless chip that cost only $10 to produce

How would you like having 5Gbps wireless connection around the house? Streaming HD videos would be flawless without much buffering issue. The guys at Melbourne University have officially introduced their new invention, the GiFi.

The chip was demonstrated recently transmitting 5-gigabits per second of data wirelessly within 10 meters range.

The impressive part of this GiFi chip is its small antenna (I mean TINY!) that only consume 2-wats of power and measuring around one millimeter wide. Not only that, the chip only cost $10 to manufacture!

[via phonemag, photo credit : Neil Newitt]