SK Telecom Co. will develop a testbed for a smart port that uses 5G-powered services by partnering with the Ministry of Oceans and Fisheries and the Busan Port Terminal Corp.
The three parties, which have signed a memorandum of understanding for the undertaking, will connect its 5G communication modules to the test bed's Internet of Things (IoT) devices.
A smart port is able to track and analyze the cargo and worker movements with the use of IoT devices to improve logistics efficiency and worker safety.
According to SK Telecom, the test bed's services will utilize its IoT location-sensing technology and intelligent closed-circuit TVs that analyze movement footages.
The mobile carrier has is aiming to commercialize its 5G network on the faster 28-gigahertz (GHz) band than the usual the 3.5-GHz band for business services by the end of this year.


Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Instagram Outage Disrupts Thousands of U.S. Users
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 



