ZTE's next phone will have gigabit download speeds

China's ZTE has announced the launch of the Gigabit Phone, a device that offers extremely fast connectivity at 1Gbps, as well as a few other nifty features. 

Besides the amazing download speeds — ZTE did not share details of how the phone will achieve such fast connectivity — the Gigabit Phone will also have the ability to create panoramic, 360-degree video, and it will come with "instant cloud storage."

While it's unlikely that you'll see support for gigabit LTE on your carrier anytime soon, you have to start somewhere. Qualcomm launched a gigabit LTE-capable chip last year, and a first gigabit LTE network went live earlier this month in Australia, but we're not aware of any commercially available phone that can actually achieve gigabit speeds right now. Read more...