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Fair Trade Commission to Penalize KT and LG Uplus for Unfair Practice

Fair Trade Commission to Penalize KT and LG Uplus for Unfair Practice

SEOUL, July 14 (Korea Bizwire) – Korea’s two major mobile telecom service operators, KT and LG Uplus, are expected to get penalized for using their dominant market power in the enterprise messaging service market. According to industry sources on July 11, the Fair Trade Commission has recently completed its investigation on the two companies upon reports that [...]

XBT Acquires ColocateUSA

XBT Acquires ColocateUSA

FORT LAUDERDALE, Florida, July 10 (Korea Bizwire) — XBT Holding Ltd. announced the acquisition of ColocateUSA, an enterprise colocation, dedicated servers and VPS provider. ColocateUSA is based in North Texas, an area widely known for its actively growing technological sector. The company’s specializes in enterprise application development and online services, thus benefiting from the expertise [...]

Global M2M Satellite Communication Market 2014-Forecasts to 2019

Global M2M Satellite Communication Market 2014-Forecasts to 2019

DUBLIN, IRELAND, July 9 (Korea Bizwire)  — Research and Markets (http://bit.ly/VZFeDe) has announced the addition of the “M2M Satellite Communication Market 2014-2019 – Worldwide Market Forecast and Opportunities” report to their offering. Machine-to machine (M2M) market represents an interesting and potentially huge revenue stream for the satellite industry. Terrestrial network currently covers only 10% of [...]

Industry Leaders to Establish Open Interconnect Consortium to Advance Interoperability for Internet of Things

Industry Leaders to Establish Open Interconnect Consortium to Advance Interoperability for Internet of Things

SANTA CLARA, Calif. July 8, 2014 (Korea Bizwire)–Technology industry leaders Atmel  Corporation, Broadcom  Corporation, Dell,  Intel  Corporation, Samsung  Electronics Co., Ltd., and Wind  River, are joining forces to establish a new industry consortium  focused on improving interoperability and defining the connectivity  requirements for the billions of devices that will make up the Internet  of Things [...]

SK Telecom Introduces Wearable “T Kids Phone JooN” with Lots of Safety Features

SK Telecom Introduces Wearable “T Kids Phone JooN” with Lots of Safety Features

SEOUL, July 8 (Korea Bizwire) – In order to give parents with small children the peace of mind, SK Telecom has introduced a new wearable phone “T Kids Phone JooN” with accompanying rate plans. The largest mobile telecom operator in Korea said on July 7 that it would hold a promotional event on the 8th for housewife [...]

Mobile Data Traffic Volume Rises by Leaps and Bounds…Report

Mobile Data Traffic Volume Rises by Leaps and Bounds…Report

SEOUL, July 7 (Korea Bizwire) – A study said Korea’s mobile telecom service providers need to embrace a new trend among mobile subscribers to use more data while relying less on voice services. According to the Korea Information Society Development Institute on July 4 in a report “The Impact of Increasing Mobile Data Traffic on Voice Traffic” by [...]

Smartphone Users Lead Happier Life than Non-smartphone Users

Smartphone Users Lead Happier Life than Non-smartphone Users

SEOUL, July 3 (Korea Bizwire) – A study shows that smartphone users lead happier life than those who do not use smartphones. According to a report “Correlation between Smartphone Using and Life Satisfaction” by the Korea Information Society Development Institute, the satisfaction index in personal life such as achievements, health and personality of smartphone users [...]

SK Telecom Enters into the Chinese Healthcare Market

SK Telecom Enters into the Chinese Healthcare Market

Seoul, Korea, Jul. 3 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it opens ‘SK Telecom Healthcare R&D Center’ and ‘Shenzhen VISTA-SK Medical Center’ in Software Park in Shenzhen, China, signaling the company’s entry into the country’s healthcare market. Shenzhen VISTA-SK Medical Center, opened jointly by SK Telecom and VISTA, a Chinese medical corporation, [...]