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 [...]
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 [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s telecom operators are striving to create a wide range of immersive mixed reality content to leverage their 5G network and attract more customers, industry officials said Sunday. Three local carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — rolled out their 5G network in [...]
SEOUL, Nov. 19 (Korea Bizwire) — SK Telecom Co. said Tuesday it has launched a virtual reality (VR) zone in partnership with major IT companies at home and abroad to provide various content available on its 5G network. South Korea’s leading mobile carrier said users can create their own avatars in its VR space, Virtual [...]
SEOUL, Nov. 9 (Korea Bizwire) — South Korea’s three mobile carriers posted lackluster profits in the third quarter with heavy spending on 5G networks, but they are set to rebound in the fourth quarter, analysts said Saturday. SK Telecom Co., KT Corp. and LG Uplus Corp. booked increased sales in the July-September period from a [...]
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) [...]
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 [...]
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 [...]
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 [...]
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 [...]