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KT Partners with Canada’s Vector Institute for AI Research Cooperation

KT Partners with Canada’s Vector Institute for AI Research Cooperation

SEOUL, Sept. 23 (Korea Bizwire) — KT Corp., South Koreas No. 2 wireless carrier, said Friday it has signed a partnership agreement with the Vector Institute, a Canadian nonprofit artificial intelligence (AI) research institution, for joint AI-related research and projects. Under the agreement, KT and the institute will work together in pursuing joint AI research, [...]

SK Telecom’s 5G Download Speed Ranks No. 1 Among Global Telecos

SK Telecom’s 5G Download Speed Ranks No. 1 Among Global Telecos

SEOUL, Sept. 23 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, ranks No. 1 in terms of download speed of 5G networks, an industry report showed Friday. According to global mobile industry tracker Opensignal, the average download speed using SK Telecom’s 5G network was recorded at 469.6 megabits per second (Mbps), 2.55 [...]

Samsung Inks Deal to Provide 5G Solutions to Comcast

Samsung Inks Deal to Provide 5G Solutions to Comcast

SEOUL, Sept. 22 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will provide 5G solutions to America’s largest cable service provider, Comcast, in its latest deal as one of the world’s biggest 5G network services providers. The partnership to supply 5G Radio Access Network (RAN) is aimed at helping Philadelphia-based Comcast to “enhance 5G [...]

S. Korea’s 5G Users Top 25 Million in July: Data

S. Korea’s 5G Users Top 25 Million in July: Data

SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s 5G subscribers exceeded exceeded the 25 million milestone just three years and three months since 5G services were launched, data showed Thursday. The Ministry of Science and ICT reported that there were over 25.1 million 5G subscriptions as of July. 5G accounted for 33.3 percent of all [...]

LG Uplus to Expand Non-telecom Biz Portfolio to Up to 40 pct of Total Sales by 2027

LG Uplus to Expand Non-telecom Biz Portfolio to Up to 40 pct of Total Sales by 2027

SEOUL, Sept. 15 (Korea Bizwire) — LG Uplus Corp. aims to expand its non-telecom business portfolio to account for up to 40 percent of its total sales by 2027, as South Korea’s third-largest wireless carrier plans to transform itself into a digital platform service provider from its traditional telecom identity, its CEO said Thursday. At [...]

LG Uplus Launches Home Training Service Enabling Users to Compete with Others

LG Uplus Launches Home Training Service Enabling Users to Compete with Others

SEOUL, Sept. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, has unveiled a new home training service called Cocore Gym that enables users to exercise and check biometric information through their TV at home as well as to compete with other users. The new home training service operates through a connection [...]

Hyundai, KT Swap Shares Worth 750 bln Won to Expand Future Mobility Partnership

Hyundai, KT Swap Shares Worth 750 bln Won to Expand Future Mobility Partnership

SEOUL, Sept. 7 (Korea Bizwire) — Hyundai Motor Group, South Korea’s top automaking group, and telecom giant KT Corp. will strengthen their partnership in future mobility solutions business through share-swap deals amid growing demand for electric and autonomous vehicles, the two companies said Wednesday. Under the share swap deals, KT will exchange its own 7.7 [...]

S. Korean Telcos on Guard Against Possible Network Outages Due to Powerful Typhoon

S. Korean Telcos on Guard Against Possible Network Outages Due to Powerful Typhoon

SEOUL, Sept. 5 (Korea Bizwire) — South Korea’s three major telecom operators have set up emergency measures to deal with potential network disruptions caused by Typhoon Hinnamnor, as the country braces for what could be its most powerful storm ever. Classified as a “very strong” typhoon, Hinnamnor has moved northward to reach waters off the [...]

LG Uplus Rebrands K-pop Platform to Idol Plus with Foreign Language Support

LG Uplus Rebrands K-pop Platform to Idol Plus with Foreign Language Support

SEOUL, Aug. 24 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday it has rebranded its K-pop content platform and has newly enabled official foreign language support for foreign users. The company’s U+ Idol Live platform has been renamed as Idol Plus and its menu and subtitles now officially support English, [...]