Korean mobile network operator SK Telecom has announced it will make available near field communications-enabled subscriber information modules that enable existing mobile phones to be turned into NFC devices by simply replacing the existing SIM with one of the new NFC USIMs. The new NFC USIM will be available in October 2011 and SK Telecom will release a developer API at the same time. The new SIM is expected to cost $30 to $40.
The company plans to launch the product out in October 2011 for enterprise customers in Korea. This will be followed by roll out in overseas markets including China to accelerate the spread of mobile payment infrastructure.
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