Samsung collaborates with KB Card and Amex on 'location-enabled IoT card'

On September 19, Samsung Electronics signed a memorandum of understanding (MOU) with KB Card and American Express to launch an IoT card. The three companies will work together to provide a credit card location service based on Samsung's SmartThings Find platform. SmartSync Find is a location service that utilizes BLE (Bluetooth Low Energy) technology to help you quickly locate a wide range of Samsung devices, including Galaxy smartphones and tablets/wearables. By applying SmartSync Find to your credit card and connecting it to your Samsung Galaxy smartphone, you can check the location of your IoT card at home and abroad, receive notifications when your smartphone and IoT card are far apart, and find the smartphone connected to your IoT card. For example, if you are traveling abroad and accidentally lose your wallet, you can use the SmartSync Find service on your Galaxy smartphone to locate your IoT card or the wallet that contains it. Through this collaboration, Samsung Electronics will provide the technology for connecting IoT cards and SmartThings Find, while KB Card and Amex will be responsible for IoT card development, issuance, and payment systems. 

Samsung signs MOU with Japan's KDDI to collaborate on 5G network slicing technology

On September 26, Samsung Electronics signed a memorandum of understanding (MOU) with Japanese mobile operator KDDI to advance 5G network slicing technology. Network slicing is a technology that divides a single physical telecommunications network into multiple independent virtual networks, enabling the simultaneous provision of customized communications for various services, such as autonomous driving, which requires ultra-low latency, or live broadcasting of high-definition sporting events, which requires ultra-high speed. The companies demonstrated the world's first 5G network slicing technology in 2020, and earlier this year successfully validated network slicing technology using a RAN Intelligent Controller (RIC) in a 5G standalone commercial network environment in downtown Tokyo, Japan. Network slicing is a key technology that can facilitate the proliferation of various services in future 5G and next-generation communication networks, and the market is expected to grow at a high CAGR of around 50% from 2023 to 2030. "KDDI is at the forefront of global innovation with Samsung Electronics, with a string of successes in validating network slicing commercial technology and introducing new services," said Toshikazu Yokai, Deputy General Manager and CNO of KDDI's Technology General Headquarters. "Together, we will continue to work hard to realize the potential of 5G to drive the development of various industries." "This MOU is a significant step forward in creating various synergies by combining our vision for the future and advanced technology," said Jun-hee Lee, Vice President and Head of Strategic Marketing, Network Business Division, Samsung Electronics. "We will continue to innovate mobile networks based on our leadership in next-generation communication technologies.