Samsung, SK Telecom Building IoT-Dedicated Network
Samsung Electronics is working with SK Telecom to create what officials with both companies say will be the first nationwide commercial network dedicated to the Internet of things and using the LoRaWAN networking standard.
The network will launch in the South Korean of Daegu in June and will become available throughout the country sometime in the middle of the year, company officials announced May 24. Samsung and SK Telecom envision a network that can support everything from cloud platforms and infrastructure for renewable energy technologies to big data analytics for health care and medical facilities and infrastructures for self-driving cars.
Among the ways Daegu will use the network will be to support streetlights that will collect data such as weather and traffic information via Internet of things (IoT) sensors. The streetlights will be able to do such things as adjust the lighting level and issue smog alerts, the officials said.
"Now is a critical moment for ICT [information and communications technology] companies looking for new future business opportunities such as IoT services," Youngky Kim, president and head of networks business at Samsung Electronics, said in a statement.
The companies in the middle of this year will launch an LoRaWAN-based commercial network in South Korea for the Internet of things.
Like many in the tech industry, Samsung has been making an aggressive push into an IoT market that IDC analysts said could hit $1.3 trillion in spending by 2019. The company in 2014 bought IoT startup SmartThings, and a year later officials said the company would invest $100 million in 2015 on its IoT developer program and that within five years, all of the hardware Samsung builds will be able to connect to the Internet. Earlier this month, Samsung led a $20.3 million round of funding for an IoT startup called Afero, which sells technologies businesses can use to connect a device to the Internet.