Solacia announced that it was selected to provide its
USIM smartcards to SK C&C for SK Telecom, South Korea’s mobile service
The contract to provide Solacia’s NFC USIM and Combi USIM
to SK Telecom beginning March 2012 is worth approximately $16 million (USD)
which amounts to Solacia’s total 2010 revenue. Both the NFC USIM and Combi USIM
will enable many additional mobile services to SK Telecom’s customer.
This deal for Solacia’s USIM smartcards
is the first in Korea and worldwide for USIM technology, setting a new
precedence as many global mobile companies are preparing to adopt the NFC USIM
technology to new mobile devices.
Solacia unveils a plan for new convergence services based on NFC USIM technology to
various industries, finance, security, transportation, and mobile
telecommunications such as the previously announced contract with KT to provide
Solacia’s NFC USIM smartcards worth approximately $1.6 million.
As the first developer of the USIM Combi smartcards
applied to the real mobile industry (3G WDCMA) and a leader of WCDMA based on
NFC USIM technology for mobile and transportation card payments, Solacia
continues to develop cutting edge USIM technology such as the LTE USIM.
Recognized by the ITU, LTE is said to be the future standard for 4G as many
mobile companies are currently adopting LTE technology.
“There have been many technical debates between LTE
and WiMAX for the standard of 4G, however, LTE has been clearly adopted as the
standard and endorsed by North America’s two largest mobile carriers and others
around the world. There is no longer a debate for the 4G standard and the
technical advantages of LTE but, rather how fast and effectively LTE can be
applied in the market,” said Seung Jin Park, COO, Solacia.
Solacia has made a great deal of effort in the embedded
software industry of Korea and awarded many patents for USIM smartcard technology
based on mobile B2B and B2C. Solacia was recently certified with the CC (Common
Criteria) for NFC USIM technology and is the first in the area of NFC to be
awarded the EAL 4 level. The globally accepted CC certificate will ensure the
security and stability proven by the government and is an essential factor for
purchasing by government and other public sectors.
By Telecomlead.com Team