SEOUL, Aug. 25 (Korea Bizwire) — SK Telecom Co. on Wednesday introduced a new subscription platform that covers various areas of services as South Korea’s leading mobile carrier eyes to expand its presence in the subscription market. With the launch of its subscription brand T Universe, SK Telecom said it aims to have 36 million [...]
SEOUL, Aug. 19 (Korea Bizwire) — LG Electronics Inc. on Thursday said it has successfully demonstrated 6G data transmission using the terahertz spectrum as the South Korean tech giant tries to move ahead in the next-generation communication technology. LG succeeded in sending 6G terahertz wireless communication signals 100 meters in an outdoor environment in collaboration [...]
SEOUL, Aug. 18 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday it has joined hands with the country’s top science university KAIST to develop a hyperscale artificial intelligence (AI) language model. The telecom operator plans to commercialize the model, which uses massive computing infrastructure for natural language processing, in the [...]
SEOUL, Aug. 17 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday its non-telecom spinoff will be launched in November as SK Square with the aim of aggressive investments in new tech and semiconductor businesses. The mobile carrier is currently preparing to split into two after deciding to spin off its [...]
SEOUL, Aug. 11 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Wednesday its second-quarter net income rose 84 percent on-year thanks to gains in its equity ties with its chip-making affiliate SK hynix Inc. and growth in 5G users. Net income stood at 795.7 billion won (US$689.2 million) in the April-June [...]
SEOUL, Aug. 10 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Tuesday its second-quarter net income rose 77.4 percent from a year earlier on the back of robust growth of 5G network subscribers as well as its media content businesses. Net income for the April-June period stood at 370.8 billion won (US$322.9 [...]
SEOUL, Aug. 10 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Tuesday it will offer Spotify to its mobile users for up to six months in a move expected to expand the music streaming service’s presence in the country. The telecom operator said subscribers to its 4G LTE and 5G [...]
SEOUL, Aug. 6 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Friday its second-quarter net profit grew 40 percent thanks to the continued growth of 5G mobile subscriptions and its business infrastructure division. Net profit in the April-June period stood at 210.5 billion won (US$184.2 million) on a consolidated basis, [...]
SEOUL, Aug. 5 (Korea Bizwire) — The number of smartphone users on 5G mobile networks topped 16 million as of June, data showed Thursday, as subscriptions to the latest generation networks continued to grow despite a lack of new flagship 5G phones. The total number of 5G users reached 16.47 million in June, accounting for [...]
SEOUL, July 23 (Korea Bizwire) — Samsung Electronics Co. said Friday it has released upgraded software-defined networking (SDN) solutions to help mobile operators and enterprises better manage their 5G networks. The South Korean tech giant said its new SDN solutions will support enterprises in various sectors, including education, retail and energy, introducing new 5G application, [...]