KT and LG U+ strengthen IoT ties against rival SK Telecom
Published: 17 Jul. 2017, 20:33
The two mobile carriers said Monday that they will share research labs for their Internet of Things network and services. LG’s lab in Sangam-dong, western Seoul, and KT’s lab in Pangyo, Gyeonggi, will be open to each other for co-development of IoT chipsets and modules.
A network specific for IoT services is cheaper compared to existing 3G and 4G networks, so mobile carriers have been developing their own IoT-specific networks.
KT and LG U+ are offering IoT services on a so-called narrowband-IoT (NB-IoT) network while SK Telecom uses its own, dubbed LoRa.
KT and LG U+ will introduce a remote gas metering system based on a nationwide NB-IoT network established recently, then start expanding services into tracking children and remotely managing cars and electricity.
While NB-IoT technology is widely assessed to offer faster data transmission speeds and wider service coverage, LoRa is known to be more cost-effective as the chipset price is cheaper for the network.
By Kim Jee-hee
with the Korea JoongAng Daily
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