This from the Sydney Morning Herald:

$10 chip puts Australia on the fast track

A new silicon chip developed in Melbourne is predicted to revolutionise the way household gadgets like televisions, phones and DVD players talk to each other. The tiny five-millimetre-a-side chip can transmit data through a wireless connection at a breakthrough five gigabits per second over distances of up to 10 metres. An entire high-definition movie from a video shop kiosk could be transmitted to a mobile phone in a few seconds, and the phone could then upload the movie to a home computer or screen at the same speed. The “GiFi” was unveiled today at the Melbourne University-based laboratories of NICTA, the national information and communications technology research centre. “I believe in the longer term every consumer device will have this technology,” said project leader, Professor Stan Skafidas, who with his team spent almost a decade developing the chip.

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