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Emma Walsh here, handling editor of the Journal. Routine Journal readers know that tech isn't our normal beat. And when it pertains to tech investing, we leave it to the experts. The good news is, we have several such professionals in our Rolodex. Our coworker Jeff Brown will be familiar to our longtime readers.
In fact, he had a number of 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 huge photo and predict what's simply around the corner. Longtime readers of my work understand that I follow the most interesting tech patterns on the verge of mass adoption.
These trends are experiencing exponential growth and creating unbelievable chances for investors. 5G Devices Our new 5G (fifth-generation) wireless networks are a subject I have actually been covering for years now.
Although the COVID-19 pandemic disrupted supply chains last year, an impressive 250 million 5G-enabled devices were still sold. Specifically in the second quarter, there were supply chain disruptions, producing delays, and work blockages. And all of this eventually led to Apple postponing the release of the 5G-enabled i, Phone 12 by two months.
And that demand is now going to be pushed into 2021. I predict that more than 500 million 5G gadgets will be shipped in 2021.
Phase 3 of 5G When I've discussed 5G in the past, I've described its 3 different phases. In Phase One, the infrastructure of these new networks is constructed out, including all the brand-new towers and fiber-optic electrical wiring that 5G will need. In Stage 2, 5G devices go on sale.
And in Phase Three, 5G services begin to be used. That's when we begin to see applications running on 5G networks. And my 2nd 5G forecast for 2021 is that we will begin Phase Three by this summertime.
More and more customers will go out to buy a 5G phone to gain access to these applications. 5G is going to open up a suite of unbelievable applications: self-driving automobiles, the Web of Things, robotic surgery, and more.
The investment chances going forward will be massive. CRISPR Genetic Editing Stepping away from 5G, the next essential technology I predict in 2021 is CRISPR hereditary editing. It's one of the most exciting developments in biotechnology.