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Emma Walsh here, handling editor of the Journal. Routine Diary readers understand that tech isn't our typical beat. And when it concerns tech investing, we leave it to the professionals. The good news is, we have numerous such specialists in our Rolodex. Our colleague Jeff Brown will recognize to our long time readers.
In truth, he had several 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 take a look at the big picture and forecast what's just around the corner. Long time readers of my work understand that I follow the most exciting tech patterns on the brink of mass adoption.
These trends are experiencing rapid development and creating extraordinary chances for investors. 5G Devices Our brand-new 5G (fifth-generation) wireless networks are a subject I have actually been covering for years now.
Despite the fact that the COVID-19 pandemic interfered with supply chains last year, a remarkable 250 million 5G-enabled devices were still offered. Specifically in the 2nd quarter, there were supply chain disruptions, making hold-ups, and work blockages. And all of this ultimately led to Apple delaying the release of the 5G-enabled i, Phone 12 by two months.
When you think about all of that, selling 250 million units is remarkable. More significantly, the hold-ups brought on by the pandemic produced a lots of pent-up demand. And that demand is now going to be pushed into 2021. In truth, I forecast that more than 500 million 5G devices will be shipped in 2021.
Phase 3 of 5G When I have actually discussed 5G in the past, I've explained its three different phases. In Stage One, the infrastructure of these new networks is developed out, including all the brand-new towers and fiber-optic electrical wiring that 5G will need. In Stage Two, 5G gadgets go on sale.
And in Stage Three, 5G services start to be offered. That's when we start to see applications running on 5G networks. And my second 5G prediction for 2021 is that we will begin Phase Three by this summer.
More and more consumers will go out to purchase a 5G phone to access these applications. 5G is going to open up a suite of incredible applications: self-driving cars, the Web of Things, robotic surgery, and more.
The investment chances moving forward will be huge. 3. CRISPR Genetic Editing Stepping away from 5G, the next important technology I predict in 2021 is CRISPR genetic modifying. CRISPR stands for "clustered regularly interspaced short palindromic repeat." It's a mouthful. However it is among the most interesting advancements in biotechnology.