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The kilobit is a multiple of the unit bit for digital information or computer storage. The prefix kilo- (symbol k) is defined in the International System of Units (SI) as a multiplier of 103 (1 thousand), and therefore, 1 kilobit = 103bits = 1000 bits. The kilobit has the unit symbol kbit or kb.
The bit (a portmanteau of binary digit) is a basic unit of information used in computing and digital communications.