The folks at Melbourne University formally introduced GiFi, where they formally announced and demonstrated a chip that could transmit 5-gigabits per second of data over a wireless connection, for a distance of up to 10 meters which is roughly 32 feet. I bet that the chip’s inventor Professor Stan Skafidis is ecstatic!

“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,” writes Nick Miller.

What’s more amazing is that the chips uses a super-tiny antenna measuring about one-millimeter-wide and less than 2-wats of power. The new GiFi chip would cost less than $10 per unit to make.

“It uses the 60GHz “millimetre wave” spectrum to transmit the data, which gives it an advantage over WiFi (wireless internet),” Nick writes. “WiFi’s part of the spectrum is increasingly crowded, sharing the waves with devices such as cordless phones, which leads to interference and slower speeds. “But the millimetre wave spectrum (30 to 300 GHz) is almost unoccupied, and the new chip is potentially hundreds of times faster than the average home WiFi unit.”

Move over WiFi, GiFi is just around the corner to make ya’ obsolete! [Via theage.com.au]