SEOUL, May 23 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday that it has joined a mapping consortium with three regional partners to make a global high-definition map for autonomous vehicles. The OneMap Alliance — which also includes HERE Technologies, NavInfo of China and Increment P (IPC)/Pioneer of Japan — [...]
SEOUL, May 22 (Korea Bizwire) — Smartphone content platforms are hiring popular idol stars to tout their wares, which experts say is a strategy that hinges on the fan base of popular stars aimed at expanding user numbers quickly. SK Broadband exclusively aired “EXO’s World Trip on a Ladder” yesterday via its mobile app Oksusu. [...]
SEOUL, May 15 (Korea Bizwire) — Telecommunications platforms and portal websites are competing for the sizeable market catering to services for children. Experts say that businesses are implementing strategies that target parents willing to invest big bucks for their kids. In the process, businesses are also able to secure a new generation of customers. According [...]
SEOUL, May 14 (Korea Bizwire) — South Korean mobile carriers are expanding their release of content targeting children users through their artificial intelligence platforms, industry watchers said Monday, as the IT industry for younger consumers is anticipated to continue to grow sharply down the road. The country’s No. 2 mobile carrier KT Corp. currently provides [...]
SEOUL, May 8 (Korea Bizwire) — Newly released research findings show that Koreans pay 70 times more for smartphone data plans than Finns, and rank second highest on a list of 41 countries. Rewheel, an international business consulting firm based in Finland, recently analyzed thousands of data plans in 41 countries either belong to the [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. on Tuesday acquired stakes in ADT Caps Co., a security service provider, in a joint investment with Australia-based Macquarie Group. Under the deal estimated at 1.27 trillion won (US$1.17 billion), SK Telecom will hold a 55 percent stake in ADT Caps, [...]
SEOUL, Mar. 26 (Korea Bizwire) — South Korea’s tech ministry is in the process of setting details of the upcoming auction for spectrum supporting the high-end fifth-generation (5G) network, industry watchers said Sunday. The Ministry of Science and ICT plans to complete its review in the near future and hold a public hearing next month, [...]
SEOUL, Mar. 25 (Korea Bizwire) — South Korean web portal Naver has said it will focus on improving its video content amid growing competition with Google’s popular video service YouTube. “Plans are underway to bolster video content for Junior Naver, such as kids’ videos, musical videos and how-to videos. We plan to invest more in videos [...]
SEOUL, March 22 (Korea Bizwire) — South Korean telecom giant KT Corp. announced Thursday that it will start commercial operations of its fifth-generation (5G) mobile network in March 2019. KT said its goal is to provide “perfect 5G” service by building a nationwide infrastructure so faster and more stable data processing, far exceeding the capacity of the existing 4G network, or long-term evolution (LTE), will be [...]
SEOUL, March 16 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s top mobile messenger, KakaoTalk, on Friday named Yeo Min-soo and Joh Su-yong as its new co-CEOs. Kakao’s former CEO, Rim Ji-hoon will now act as the company’s advisor for future strategy, the company said in a press release. The decision was made at a board of directors’ [...]