The internet has become a necessary tool in almost all industries at present. Almost half of the Earth's 7 billion population use the internet on a day to day basis. This statistic has seen a drastic 832 percent increase in the last fifteen years.

The technology is so important that some countries including Finland and France have made access to the internet a basic human right. While not to the same extent, a few nations have instituted laws that allow citizens to gain convenient access to the internet. In fact, just a few days ago, a major tech giant announced their intention to provide cheaper means of internet access to South Korea residents.

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In an official statement, Samsung announced its partnership with SK Telecom in developing and deploying the first commercial Internet of Things LoRaWAN network. LoRaWAN, which stands for "long-range wide-area network" is a kind of internet connection directed towards battery-operated objects. It is more power-efficient that Bluetooth, Wi-Fi, and cellular connection.

"Now is a critical moment for ICT companies looking for new future business opportunities such as IoT services. We are very pleased to partner with SK Telecom for its pioneering IoT vision. Samsung will contribute in creating the ecosystem for enabling significant changes driven by new IoT services" quipped Youngky Kim, President of Networks Business at Samsung Electronics, in the recent press release.

The initial launch of the new network would be conducted next month in Daegu, Korea's fourth largest city. The upcoming deployment would serve as a dry run for the LoRaWAN network. Improvements with the internet infrastructure are expected to take place following the test in Daegu.

According to Tech Crunch, the recent announcement is in line with the South Korea's plans for technological advancement. The country has previously announced its intention to invest 100 billion won in 2024 to research and promote the use of smart cars. South Korea has also already put up some money for the construction of Songdo, which is considered the world's first smart city.

As of the moment, neither SK Telecom nor Samsung has announced the specific date the network would be launched in Daegu.

TagsSK Telecom, Samsung, Internet of Things, Samsung Internet of Things, South Korea internet Network, Internet Network