SEOUL, Jul. 31 (Korea Bizwire) — Samsung Electronics Co. said Monday it has developed the industry’s first long-term evolution (LTE) network modem technology, which supports the 6CA solution. It is expected to enable faster and stable data communication. The Carrier Aggregation (CA) technology allows network operators to provide fast and stable data communication by bundling [...]
SEOUL, Jul. 26 (Korea Bizwire) — Sales of smartphones through online platforms in South Korea remain sluggish compared with other countries, data showed Wednesday, due mainly to strong dominance of mobile carriers in the mobile phone market. According to the data compiled by Strategy Analytics, the sales of smartphones through online platforms in the country [...]
SEOUL, Jul. 18 (Korea Bizwire) — One lucky beachgoer is safe and sound thanks to drone company Soomvi and telecommunications giant SK Telecom (SKT). Or at least that’s what a future scenario might look like. This past Friday, a drone on patrol a few meters above the sparkling blue of Wangsan Beach in Incheon “discovered” a [...]
SEOUL, Jul. 7 (Korea Bizwire) — A government-backed South Korean research institute has announced plans to develop a new cyber security technology that will create false information, network addresses and data to confuse hackers. The Electronics and Telecommunications Research Institute’s (ETRI) security technology R&D project comes in the wake of growing risks of cyberattacks facing both [...]
SEOUL, Jul. 5 (Korea Bizwire) — South Korean credit card company BC Card is adopting KT’s blockchain-based electronic signature capture system (ESC), a world’s first, which could slash the time spent processing electronic signatures by up to 70 percent. The collaboration between the South Korean telecom giant and BC Card will see the blockchain technology, which [...]
SEOUL, Jul. 5 (Korea Bizwire) — The number of subscribers to Internet-of-Things (IoT) services in South Korea is presumed to have surpassed the 6 million mark last month, government data showed Wednesday. According to the data compiled by the Ministry of Science, ICT and Future Planning, the number of South Koreans using IoT-related services came [...]
SEOUL, Jul. 5 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Wednesday it released two portable devices that notify users if they move 20-30 meters away from their smartphones. The device, dubbed “Smart Tracker,” will come in two sizes and connect to smartphones through a Bluetooth network. The smaller version will [...]
SEOUL, Jun. 23 (Korea Bizwire) — President Moon Jae-in’s policy advisory committee announced Thursday that it will encourage local mobile operators to expand the discount rate of mobile phone fees and offer an additional benefit to low-income customers, as part of efforts to reduce the cost burden for mobile phone users. During the presidential campaign, [...]
SEOUL, June 19 (Korea Bizwire) – South Korea’s mobile carriers are keeping a watchful eye on possible moves by the government to cut subscription costs for telecom services that will impact their earnings, industry watchers said Sunday. The Ministry of Science, ICT, and Future Planning will hold a session with the State Affairs Planning Advisory [...]
SEOUL, Jun. 15 (Korea Bizwire) — South Korean web hosting site Nayana Communication has struck a deal with ransomeware hackers to pay over 1 billion won to bail the company out of its predicament after losing access to data that hackers encrypted. The South Korean web hosting provider released a statement yesterday, acknowledging a deal they [...]