SK (South Korea) Telecom has announced that it has signed a Memorandum of Understanding (MOU) with SOCAR, the largest car-sharing company in Korea, to cooperate in the connected car business.
Under the terms of the MOU, SK Telecom and SOCAR will collaboratively develop and launch an innovative connected car service to enhance user experience in the era of the Internet of Things, (IoT).
SK Telecom will provide SOCAR with its in-car infotainment device installed with the T Map platform, and the cars will be connected via SK Telecom’s IoT network ‘LTE-M*.’ The connected car service will go through a pilot test at the end of this year and is expected to launch in the first half of 2017.
SK Telecom has completed the nationwide rollout of the two key IoT-dedicated networks, namely LTE-M (as of March 2016) and LoRaWAN (as of June 2016) designed to support the widest range of IoT services.
With the support of the LTE-M network, the car sharing service users will be able to remotely control the car in real-time with no delay via their smartphones, and the car will be seamlessly connected to the control center to send and receive information.
Moreover, installed with SK Telecom’s infotainment tablet equipped with T Map, the mobile navigation service provided by SK Telecom in SOCAR’s rental cars will deliver a new level of user experience through enriched infotainment services.
“Through cooperation with SOCAR, SK Telecom successfully expands its IoT infrastructure and platform to the car sharing business,” said Kim Young-joo, Senior Vice President and Head of Enterprise Business Office of SK Telecom. “We will work closely with SOCAR to develop and provide more advanced connected car services.”