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KT, China Mobile to Boost Cooperation on 5G Roaming, Blockchain System

KT, China Mobile to Boost Cooperation on 5G Roaming, Blockchain System

SEOUL, Dec. 5 (Korea Bizwire) — KT Corp., South Korea’s major telecommunication service provider, on Thursday said it has agreed with China Mobile Communication Corp. to boost cooperation on 5G roaming services and a blockchain system. Using China Mobile’s network, KT said its 5G roaming services in China will be available later this month. The [...]

Pompeo Cites Samsung as Alternative to Chinese Tech Giants

Pompeo Cites Samsung as Alternative to Chinese Tech Giants

WASHINGTON, Dec. 2 (Korea Bizwire) — U.S. Secretary of State Mike Pompeo said Monday that Samsung is a “legitimate” substitute to Chinese companies in building 5G networks across the European Union. Pompeo made the case in an op-ed in Politico Europe ahead of an EU communications ministers meeting in Brussels on Tuesday. He argued that [...]

Massive Popularity of iPhone 11 Pushes Mobile Carriers to Clear Out LTE Phones from Samsung, LG

Massive Popularity of iPhone 11 Pushes Mobile Carriers to Clear Out LTE Phones from Samsung, LG

SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]

KT, Hyundai Heavy Join Hands for 5G-based Smart Factory

KT, Hyundai Heavy Join Hands for 5G-based Smart Factory

SEOUL, Nov. 7 (Korea Bizwire) — Major telecom operator KT Corp. and leading shipbuilding conglomerate Hyundai Heavy Industries Group said Thursday they will step up collaboration to develop advanced smart factory solutions based on the 5G network to improve efficiency and safety. In May, the two companies signed a memorandum of understanding to join forces [...]

Monthly Data Usage of 5G Smartphone Users Hits Record High in Sept.

Monthly Data Usage of 5G Smartphone Users Hits Record High in Sept.

SEOUL, Nov. 3 (Korea Bizwire) – The monthly data usage by users of smartphones running on fifth-generation (5G) networks reached a record high in September, data showed Sunday amid the growing demand for mobile content. The combined amount of data used by South Korean users of 5G mobile devices reached 87,928 terabytes (TB), according to [...]

LG Uplus Q3 Net Dips 32.1 pct on 5G Investment

LG Uplus Q3 Net Dips 32.1 pct on 5G Investment

SEOUL, Nov. 1 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday its net profit dropped 32.1 percent in the third quarter from a year earlier due to increased spending for 5G infrastructure buildup and marketing. Net profit stood at 104.5 billion won (US$89.5 million) in the July-September period, compared [...]

Majority of 5G Users Dissatisfied with Limited Coverage

Majority of 5G Users Dissatisfied with Limited Coverage

SEOUL, Oct. 31 (Korea Bizwire) — It has been six months since 5G was commercialized, and many users are still not satisfied with the service. According to a survey of 180 5G users by three civic groups including the People’s Solidarity for Participatory Democracy, 76.6 percent said they were dissatisfied, including those who were very [...]