South Korea rolls out first Internet of Things networkJuly 5, 2016 - 12:23 AMT PanARMENIAN.Net - South Korea has launched its first commercial, low-cost Internet of Things (IoT) network aimed at making the country even more connected, BBC News reports. The network would allow smart devices to talk to each other via the network. Phone carrier SK Telecom is behind the initiative, which uses technology that will allow it to reach 99% of the country's population. Aside from South Korea, the Netherlands also has a nationwide IoT network. There will be charges involved as users will have to subscribe to monthly price plans that range from 350 Korean won ($0.30) to 2,000 won. SK Telecom is investing up to 100 billion won by the end of next year to further develop the infrastructure, which it hopes will be a new source of revenue. In a statement it said the price plans are "highly affordable" and cost one-tenth of its current LTE-based IoT services which will ease the cost burden of startups and small and medium enterprises. The IoT can help appliances like fridges or printers tell its owners when it needs to be refilled, help customers locate lost smartphones and even monitor pets. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |