This paper presents a symmetric dual-band multiple-input multiple-output (MIMO) antenna system tailored for fifth-generation (5G) mobile terminals. Operating within the 5G frequency bands N77/N78 (3.4–3.6 GHz) and N79 (4.8–5.0 GHz), the proposed MIMO system achieves high isolation between adjacent antenna elements through slotting and self-decoupling technologies. Antenna elements are strategically positioned on two frames perpendicular to the smartphone’s main board. Each antenna element integrates a rectangular microstrip radiator on the inner frame surface, accompanied by a grounded rectangular ring on the outer frame surface. The feed line, situated atop the main board, connects to an external SMA connector located at the main board’s bottom. Measurement results reveal isolations exceeding 20 dB for the lower band and 24 dB for the higher band. The fabricated and tested MIMO antenna system demonstrates excellent agreement between simulation and measurement outcomes.