SEOUL, Jan. 28 (Korea Bizwire) — South Korean mobile carriers are launching unmanned stores and expanding their online retail platforms as the COVID-19 pandemic limits in-person contact and accelerates the use of virtual services. KT Corp. said Thursday it launched its first unmanned store equipped with digital kiosks for customers to buy phones and switch [...]
SEOUL, Jan. 28 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Thursday it will launch a content production company to serve as the company’s overarching control tower for its growing media businesses. The mobile carrier said KT Studio Genie will oversee planning and distribution of media content developed by its range [...]
SEOUL, Jan. 28 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Thursday it has joined hands with local defense company Hanwha Systems Co., Korea Airports Corp. and the Korea Transport Institute to speed up development of urban air mobility (UAM) services. Last year, South Korea unveiled its plan to commercialize UAM [...]
SEOUL, Jan. 27 (Korea Bizwire) — LG Electronics Inc. is collaborating with Qualcomm Technologies Inc. for the development of 5G automotive platforms, its senior executive has said, as the South Korean tech giant tries to expand its presence in the automotive business for future growth. Qualcomm, the No. 1 semiconductor supplier in telematics and wireless [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korean telecom operators are divesting their non-core businesses, from baseball to radio communications, amid a shift in the local telecom market toward new tech services. On Tuesday, SK Telecom Co., the country’s largest wireless carrier, said it agreed to sell its baseball franchise SK Wyverns to local retail [...]
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 [...]