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Apple Introduces New Products CUPERTINO, CA - MARCH 21: Apple VP Greg Joswiak announces the new iPhone SE during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California. The company is expected to update its iPhone and iPad lines, and introduce new bands for the Apple Watch. (Photo by Justin Sullivan/Getty Images) Justin Sullivan / Staff

The tech world has been buzzing since a report Friday from Fast Company that cited sources claiming Apple intends to launch a 5G iPhone in 2020.

Apple is expected to use the Intel 8161 5G modem, as Intel will use the 10 Nanometer process for the new 5G modems. This technology will allow for increased transistor density and efficiency.

Apple has been slow on decisions to embrace or commit to the fastest cell standards before perfecting the emerging technology. The iPhone was launched without including 3G and didn’t offer 4G LTE until the launch of iPhone 5 in 2012.

According to the Fast Company report, Apple intends to use Intel’s 8161 5G modem chip as its sole provider in its new 2020 phones. However, because of previous heat issues with Intel’s 8060 modem, Apple may turn to MediaTek to supply its 5G modems if Intel doesn’t deliver.

Currently, finding carriers that offer 5G technology is still very limited but 5G is “well underway and are expected to launch across the world in 2020.” The tech world may expect a 2019 wave of releases from carriers debuting at the Mobile World Congress in February.

5G networks are the latest generation of cell technology that offer faster speeds and connection reliability on smartphones and other devices. Combining 5G and cutting-edge network technologies, connection will be scores faster than current connections with average download speeds of around 1GBps.

Many industries would benefit from faster connectivity from 5G technology, such as self-driving cars, virtual reality, drones and internet connection.

Apple Insider says to expect a range of new iPhones next year. The handsets are said to come equipped with a notch-free display and could get a re-design over current iPhone XS and XS Max headsets.