SEOUL, July 1 (Korea Bizwire) — South Korean mobile users on 5G networks reached nearly 16 million in May, data showed Thursday, as telecom operators seek to expand applications of the next generation networks. As of the end of May, 5G subscriptions stood at 15.84 million, accounting for 22 percent of the total 71.45 million [...]
SEOUL, July 1 (Korea Bizwire) — LG Uplus Corp., one of three mobile carriers in South Korea, is aiming to boost its profile by expanding media and business-focused services beyond its established focus in telecommunications, its chief has said. Hwang Hyeon-sik, CEO of LG Uplus, said in a press conference Wednesday that he aims to [...]
SEOUL, June 30 (Korea Bizwire) — Hundreds of 5G mobile users filed a joint lawsuit Wednesday against the country’s three major mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — over disappointing quality of the latest generation networks, according to their legal representative. Around 520 people are taking part in the [...]
SEOUL, June 29 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it will provide 5G frequency bands to companies other than telecom operators later this year in a move to spur the wider adoption and development of technology for the latest generation networks. The country has so far distributed 3.5 gigahertz (GHz) and 28 [...]
SEOUL, June 28 (Korea Bizwire) — South Korea’s ICT ministry said Monday it will work with the country’s wireless service providers to test millimeter wave (mmWave) 5G technology in the Seoul subway system in a move to improve network services and speed up commercialization. South Korea’s 5G networks are currently deployed on the mid-band spectrum, [...]
SEOUL, June 25 (Korea Bizwire) — A Seoul court on Friday ruled against global video streaming giant Netflix in its prolonged network usage fee dispute with South Korean major internet access provider SK Broadband Inc. The Seoul Central District Court dismissed a request from Netflix to confirm that the United States-based video streaming service provider [...]
SEOUL, June 23 (Korea Bizwire) — South Korea said Wednesday it will invest 220 billion won (US$195 million) to develop and standardize sixth generation (6G) network technology by 2025 and conduct joint research with the United States to strengthen competitiveness in the global race for the future technology. The network technology, which is expected to [...]
SEOUL, June 22 (Korea Bizwire) — Samsung Electronics Co. on Tuesday introduced its latest 5G network solutions as the company eyes expansion of its technology leadership in the telecommunications equipment market. The unveiling of its advanced technology and services for the 5G network covers in-house chipsets to 5G radios, at “Samsung Networks: Redefined” online event. [...]
SEOUL, June 17 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Thursday it will invest a total of 23.6 billion won (US$20.9 million) in three companies under the fintech-focused Webcash Group in a move to strengthen its foothold in financial services. A KT spokesperson said the company will invest 14.4 billion [...]
SEOUL, June 16 (Korea Bizwire) — Hyundai Heavy Industries Group (HHIH) said Wednesday it has successfully conducted a test-run of a fully autonomous cruise ship backed by its own autonomous navigation system and a local mobile operator’s 5G network. The 12-person cruise ship navigated through the narrow 10-kilometer Pohang Canal in the port city, 302 [...]