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Emma Walsh here, handling editor of the Journal. Routine Diary readers know that tech isn't our normal beat. And when it comes to tech investing, we leave it to the specialists. Luckily, we have a number of such professionals in our Rolodex. Our coworker Jeff Brown will recognize to our long time readers.
In fact, he had a number of triple-digit returns in his Brownstone Research 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 big picture and forecast what's simply around the corner. Longtime readers of my work understand that I follow the most interesting tech trends on the brink of mass adoption.
These trends are experiencing rapid development and creating unbelievable opportunities for financiers. I desire to make sure all our readers are gotten ready for what's next. And with that in mind, let me draw the picture of what I see being available in the next 12 months 1. 5G Devices Our new 5G (fifth-generation) wireless networks are a topic I have actually been covering for years now.
Even though the COVID-19 pandemic interrupted supply chains in 2015, an impressive 250 million 5G-enabled devices were still offered. Especially in the second quarter, there were supply chain disturbances, manufacturing hold-ups, and work stoppages. And all of this ultimately resulted in Apple postponing the release of the 5G-enabled i, Phone 12 by 2 months.
And that need is now going to be pushed into 2021. I forecast that more than 500 million 5G gadgets will be shipped in 2021.
Phase Three of 5G When I have actually spoken about 5G in the past, I've explained its three various stages. In Phase One, the infrastructure of these new networks is built out, including all the brand-new towers and fiber-optic circuitry that 5G will need. In Stage Two, 5G gadgets go on sale.
And in Phase Three, 5G services start to be provided. That's when we begin to see applications running on 5G networks. And my second 5G forecast for 2021 is that we will begin Stage 3 by this summer season.
More and more consumers will go out to purchase a 5G phone to access these applications. 5G is going to open up a suite of amazing applications: self-driving cars, the Internet of Things, robotic surgical treatment, and more.
The financial investment opportunities moving forward will be massive. 3. CRISPR Genetic Modifying Stepping away from 5G, the next essential technology I anticipate in 2021 is CRISPR genetic editing. CRISPR represents "clustered frequently interspaced short palindromic repeat." It's a mouthful. But it's one of the most exciting developments in biotechnology.
