SEOUL, Dec. 7 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, has the fastest 5G download speed among South Korean mobile carriers, a report showed Monday. The mobile carrier’s median 5G download speed in Seoul stood at 476.5 megabits per second (Mbps), followed by the country’s largest mobile carrier SK Telecom [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co.’s CEO Park Jung-ho was appointed as the vice chairman of its chipmaking affiliate SK hynix Inc., SK Group said Thursday, in a move to boost the companies’ efforts in new tech businesses. SK Group, the country’s third-largest conglomerate, announced the new [...]
SEOUL, Dec. 2 (Korea Bizwire) — The state-run Electronics and Telecommunications Research Institute (ETRI) said Tuesday that it had developed wireless backhaul technology that supports 25-gigabits per second (Gbps) service. Backhaul refers to the transmission network that connects the peripheral networks around base stations with backbone networks. Wired backhauls that use fiber optic cables or [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean mobile carriers are merging their tech subsidiaries and consolidating new businesses to boost synergy as they search for new growth drivers beyond their telecommunication operations. Telecom giant KT Corp. announced it will merge its digital content distribution and television commerce subsidiary KT Hitel Co. and its mobile [...]
SEOUL, Nov. 30 (Korea Bizwire) – The ICT ministry said Monday the redistribution price for past generation network frequency bands used by the country’s major mobile carriers should be at least 3.17 trillion won (US$2.9 billion). The ministry and the three telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. — had [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s number of 5G users reached nearly 10 million as of end-October, ministry data showed Monday. The number of 5G subscribers stood at 9.98 million as of the end of October, up 735,113 from the previous month, according to data from the Ministry of Science and ICT. The [...]
SEOUL, Nov. 27 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Friday it will merge its security subsidiaries by the end of the first quarter of next year, in its latest move to boost business synergy. SK Telecom said its subsidiary Life and Security Holdings, which wholly owns physical security firm [...]
SEOUL, Nov. 26 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Thursday its shareholders approved its move to spin off its mobility business as it seeks to strengthen its focus in the connected mobility sector. SK Telecom said nearly all participants at a shareholders meeting approved the spinoff plan and that [...]
SEOUL, Nov. 25 (Korea Bizwire) – SK Telecom Co., South Korea’s leading wireless carrier, said Wednesday it launched a new artificial intelligence (AI) semiconductor for data center operations as it seeks to capture growing global demand for the chips. The new SAPEON X220 is the first AI chip developed by the mobile carrier and also [...]
SEOUL, Nov. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s leading mobile carrier, said Sunday it has developed a next-generation cloud native core network system with Samsung Electronics Co. that can provide better 5G services. A core network is the central part of a telecommunications infrastructure that handles key tasks, including device certification and [...]