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 [...]
SEOUL, June 15 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Tuesday it has joined hands with IT affiliate LG CNS Co. to develop call center services that use artificial intelligence (AI) technology. The service incorporates AI technology, such as speech recognition and synthesis as well as natural language processing, [...]
SEOUL, June 14 (Korea Bizwire) — Samsung Electronics Co. said Monday it will supply its latest 5G network solutions to Vodafone, a London-based telecommunications giant, a move that will expand its presence in Europe. Under the deal, the South Korean tech giant will provide its commercial virtualized radio access network (vRAN) solutions and open radio [...]
SEOUL, June 14 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Monday it has invested in a leading virtual content production company in a move to strengthen its virtual reality (VR) and metaverse services. The carrier said it signed a deal to acquire a stake in Seoul-based ViveStudios, which is behind [...]
SEOUL, June 14 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Monday it has partnered with U.S.-based NeuroSigma Inc. to collaborate in developing electronic medicine to treat neurological disorders in a move to expand the telecom operator’s foothold in the health care sector. KT said the two companies will collaborate to build [...]
SEOUL, June 11 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Friday it will unveil four video games at the gaming conference E3 2021 that kicks off Saturday in a move to expand its presence in the console gaming market. The carrier said it will take part in the online expo [...]
SEOUL, June 10 (Korea Bizwire) — South Korean telecom operators will feature new mobility technology, from flying cars to autonomous vehicles, at the Seoul Smart Mobility Expo 2021, which kicked off at the Oil Tank Culture Park in western Seoul on Thursday. SK Telecom said it will unveil the latest developments of its unmanned aerial [...]
SEOUL, June 9 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Wednesday it has partnered with global cloud service operator Amazon Web Services Inc. (AWS) in a move to bolster its push to develop artificial intelligence (AI) and cloud technologies. The two companies agreed to pursue joint research in AI and cloud [...]
SEOUL, June 8 (Korea Bizwire) – SK Telecom Co., a major South Korean telecom operator, said Tuesday it will wrap up the testing of a next-generation traffic system in Seoul by the end of this month as it seeks to accelerate efforts to develop self-driving technology based on its high-speed 5G network. The telecom operator [...]