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Emma Walsh here, handling editor of the Journal. Regular Diary readers understand that tech isn't our typical beat. And when it comes to tech investing, we leave it to the experts. Fortunately, we have a number of such professionals in our Rolodex. Our coworker Jeff Brown will be familiar to our longtime readers.
In fact, he had several 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 an appearance at the huge photo and predict what's just around the corner. Longtime readers of my work understand that I follow the most amazing tech patterns on the brink of mass adoption.
These patterns are experiencing rapid development and developing extraordinary opportunities for financiers. 5G Gadgets Our brand-new 5G (fifth-generation) wireless networks are a topic I have actually been covering for years now.
Even though the COVID-19 pandemic disrupted supply chains in 2015, a remarkable 250 million 5G-enabled gadgets were still sold. Particularly in the second quarter, there were supply chain interruptions, making hold-ups, and work interruptions. And all of this eventually resulted in Apple delaying the release of the 5G-enabled i, Phone 12 by two months.
And that need 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 have actually discussed 5G in the past, I have actually explained its 3 various stages. In Phase One, the facilities of these new networks is built out, including all the new towers and fiber-optic circuitry that 5G will require. In Stage 2, 5G devices go on sale.
And in Phase Three, 5G services start to be provided. That's when we start to see applications running on 5G networks. And my 2nd 5G prediction for 2021 is that we will begin Phase Three by this summer season.
More and more customers will go out to purchase a 5G phone to access 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 financial investment opportunities going forward will be enormous. CRISPR Genetic Modifying Stepping away from 5G, the next important technology I anticipate in 2021 is CRISPR hereditary editing. It's one of the most interesting developments in biotechnology.