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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s major wireless operators are eagerly setting their sights on entering the urban air mobility (UAM) industry, which the government is aiming to open up commercially in 2025. The three mobile telecoms — SK Telecom Co., KT Corp and LG Uplus Corp. — have all formed consortiums of [...]