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Samsung Electronics Launches New 2G and 3G Network Phone for Elders

Samsung Electronics Launches New 2G and 3G Network Phone for Elders

SEOUL, May 23 (Korea Bizwire) – Amid LTE network subscriber number peaking over 20 million, a new model of 2G and 3G network phone, so-called “Grandpa phones,” is about to be launched. The news would be highly welcomed by still-remaining 7 million low-end network users who feel the up-to-date and state-of-the-art smartphones unnecessary and uncomfortable [...]

Certificate of Authentication Is Not Mandatory Anymore

Certificate of Authentication Is Not Mandatory Anymore

SEOUL, May 20 (Korea Bizwire) – No more certificate of authentication is required to make transactions at online stores. On May 19, the Financial Services Commission and the Financial Supervisory Service announced that online transactions can be made without certificates of authentication which used to be a mandatory procedure for purchases over 300,000 won, starting [...]

LG Collaborates with Harman/Kardon on Bluetooth Headset

LG Collaborates with Harman/Kardon on Bluetooth Headset

SEOUL, May 18 (Korea Bizwire) ― LG introduces its newest premium Bluetooth stereo headset developed in collaboration with Harman/Kardon, one of the leading audio equipment manufacturers. With superb sound experience certified by Harman/Kardon, LG Tone InfinimTM (HBS-900) delivers great sound in a stylish design highlighted by sleek curves and glossy metallic finish.  The Tone InfinimTM also [...]

Naver to Expand Image-Focused Ads on Mobile Platform

Naver to Expand Image-Focused Ads on Mobile Platform

SEOUL, May 16 (Korea Bizwire) – In a strategic business move, Korea’s No. 1 web search engine has introduced a brand new image-oriented search ads platform, which the company said is well suited to the rising number of mobile users.  Naver Corp., Korea’s biggest online portal, announced it has strengthened its mobile search ads, pushing [...]

KT Launches Live Broadcasting Platform for Local Election

KT Launches Live Broadcasting Platform for Local Election

SEOUL, May 15 (Korea Bizwire) – With Korea’s local elections scheduled on June 4 just around the corner, KT announced that it launched “Olleh biz ICS live broadcasting platform – local election package” with its group affiliate “U Stream Korea.” The service supports live broadcasting of election campaigns so that the voters can watch political [...]

Samsung’s Interest Results in the Rise of Smart Car Stock Prices

Samsung’s Interest Results in the Rise of Smart Car Stock Prices

SEOUL, May 13 (Korea Bizwire) – As Samsung Electronics and Hyundai Motors have shown interest in smart car-related technologies following the footsteps of Apple and Google, the prices of stocks in this area are ascending fast. The share price of MDS Tech has risen 54.26 percent while those of Bridgetec and Infobank have gone up [...]

IBM Cloud Helps Korea’s SK Planet Expand Overseas on SoftLayer

IBM Cloud Helps Korea’s SK Planet Expand Overseas on SoftLayer

SEOUL, May 12 (Korea Bizwire) – IBM (NYSE: IBM) today announced that SK Planet, a leading Korean Information and Communications Technology (ICT) company, is expanding its overseas presence in the Turkish market on the IBM Cloud. SK Planet’s mobile messenger application TicToc, built on Infrastructure as a Service (IaaS) from SoftLayer, an IBM Company, has witnessed [...]

Korea’s Budget Phone Industry Takes a Great Leap

Korea’s Budget Phone Industry Takes a Great Leap

SEOUL, May 11 (Korea Bizwire) – As Korea’s three main mobile telecommunications service providers have been under suspension taking turns, the budget phone industry is benefiting from the misfortune of the giants. While the three companies are stuck in playing a zero-sum game, budget phone industry has leapfrogged as another axis in the domestic mobile telecom market. [...]