LG develops LTE 4G chip

According to an announcement made by LG this morning, the company has developed the very first LTE-standard 4G chip. This is a pretty big deal, considering how many people anticipate LTE to be the standard in the coming years.

This new modem is 13 square mm and can fit in any cellphone. But despite its tiny size, it can apparently crank out speeds of LTE. What does this equate to? About 100Mbps for downloads and 50Mbps for uploads. And when this was tested on a Windows Mobile device, it achieved 60Mbps for downloads and 20Mbps for uploads, which is still great.

LTE as a standard could make for cellphone Internet connections that are on the same level as landline connections. That's impressive! No one knows precisely what LG's plans are in terms of rolling this out, but they do intend on shipping their first LTE phones in 2010.