SEOUL, Jan. 27 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday it has started testing standalone 5G on its commercial network in its latest push for 5G technology. Currently, South Korean mobile carriers operate the non-standalone version of the latest generation network, requiring support from the previous 4G LTE network. [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it will invest 165.5 billion won (US$150 million) this year to develop new business-focused technology that incorporates 5G, such as self-driving cars and virtual reality (VR) services, in a move to boost the country’s use of the latest generation network. While local 5G [...]
SEOUL, Jan. 22 (Korea Bizwire) — KT Corp, major South Korean telecommunications giant, said Friday it has agreed to sell its radio communications business affiliate to local security equipment maker IDIS Ltd. KT said the company will sell its 44.85 percent stake in KT powertel Co. to IDIS for 40.6 billion won (US$36.7 million). IDIS [...]
SEOUL, Jan. 21 (Korea Bizwire) — With Walt Disney Co.’s flagship streaming service Disney+ soon to hit the South Korean market, telecom operators are speeding up to compete over partnership. The country’s three major mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — have all been reported to be engaged in [...]
SEOUL, Jan. 20 (Korea Bizwire) — Samsung Electro-Mechanics Co., a major electronic components maker in South Korea, said Wednesday it has developed an ultra-slim multilayer ceramic capacitor (MLCC) with a three-socket structure that can be used in 5G smartphones as the company targets to increase sales from global smartphone makers. Samsung Electro-Mechanics said it began [...]
SEOUL, Jan. 15 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Friday it will phase out its 2G services by the end of June, a move that would mark the complete termination of the country’s aging network. The carrier said it has applied to end its 2G operations with the [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korean mobile carriers are seeking to boost their growing user base on the latest 5G network with the launch of Samsung Electronics Co.’s new flagship Galaxy S21 smartphones. The Galaxy S21 series started taking preorders Friday from Samsung and the country’s three major carriers — SK Telecom Co., [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korean mobile carriers are taking membership benefits online as the coronavirus is resulting in higher consumption in the contact-free market. SK Telecom Co., for one, is introducing various membership benefits to T Membership, the company’s online membership platform, for a series of contact-free modes of consumption including online [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korean mobile carriers are launching cheap payment plans to woo more 5G subscribers amid accelerating user migration to their high-speed 5G networks. LG Uplus Corp. said Tuesday it will release a new monthly data plan, offering 6 gigabytes of data at 5G speeds for 47,000 won (US$43), following [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korean mobile carriers are expected to report improved earnings for the final quarter of 2020 on the back of steady growth in 5G users, analysts said Monday. The combined operating profits of the country’s three major telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. [...]