Explain USB 2.0?

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USB 2.0, also known as hi-speed USB, was developed by Compaq, Hewlett Packard, Intel, Lucent, Microsoft, NECand Philips and was introduced in 2001. Hi-speed USB is capable of supporting a transfer rate of up to 480 Mbps and is backwards compatible, meaning it is capable of supporting USB 1.0 and 1.1 devices and cables.
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