SK Telecom demonstrates IoT systems
SK Telecom is making an aggressive move to extend its telecommunication services into the Internet of Things (IoT) sector.
The nation’s largest mobile carrier has showcased key IoT systems to be used in houses, factories and farms during the “IoT Week 2015,” an annual event organized by the Ministry of Science, ICT and Future Planning.
The company is planning to demonstrate its new networking system, called Low Power Wide Area Network, during the five-day event, which started from Monday at the COEX, southern Seoul.
The technology helps extend handsets’ battery life as it uses a low powered system, the company said.
This comes as the company pushes for building an IoT-converged networking ecosystem amid sluggish demand for traditional telecommunication services.
The IoT Week has taken place annually since last year, as part of the science ministry’s efforts to turn the IoT business into a next-generation growth engine to achieve the government-led creative economy. The government aims to build the IoT-converged platform all across the country.
SK Telecom said the company has been playing a central role for the government-led IoT drive.
On April, the science ministry picked a consortium, led by SK Telecom and Busan city government, as a key operator for a project to turn the city into the nation’s first IoT-converged smart city.
“The IoT is not a thing of the future, but an ongoing technology that we use in our everyday life,” Kwon Song, the company’s head of corporate systems division, said in a statement.
“SK Telecom also plans to team up with local venture firms and small- and medium-sized enterprises (SME) to build IoT-centered infrastructure and to spread its expansion,” he added.
The company said it has set up a special booth to do research on demands for the most vital IoT technologies, and will help develop them with the government.