SEOUL, July 22 (Korea Bizwire) — South Koreans are increasingly resorting to video-on-demand (VOD) content provided by pay TV operators, industry insiders said Wednesday, as the COVID-19 pandemic has prodded people to stay at home more. According to industry sources, the number of VOD movies sold on LG Uplus Corp.’s pay TV service increased 158 [...]
SEOUL, July 21 (Korea Bizwire) — South Korea’s leading telecom operator SK Telecom Co. said Tuesday it has partnered with Hewlett Packard Enterprise (HPE) to export its 5G mobile edge computing (MEC) technology. The carrier signed an agreement to form a consortium with the Asia Pacific and South Korea units of HPE to provide the [...]
SEOUL, July 20 (Korea Bizwire) — SK Telecom Co. will remodel its distribution system to meet so-called ‘untact’ demand. South Korea’s top mobile carrier by subscribers announced Sunday its Big 3 Distribution Innovation Plan that focuses on premium online-to-offline (O2O) services, stronger protection of customer data, and unmanned stores for the latter half of this [...]
SEOUL, July 20 (Korea Bizwire) — A growing number of South Korean 5G handset users are making a u-turn back to the preceding 4G long-term evolution (LTE) plans, in part to save money but also due to a lack of new LTE handsets. In principle, this is a consumer’s right – they are free to [...]
SEOUL, July 18 (Korea Bizwire) — South Korea’s major telecom operators are lending hands to the country’s digital New Deal stimulus projects by expanding their investment in public infrastructure. Early this week, the country announced a set of ambitious stimulus measures amounting to 160 trillion won (US$132 billion). Under the digital New Deal initiative, 58.2 [...]
SEOUL, July 16 (Korea Bizwire) — South Korean telecom giant KT Corp. said Thursday it has developed guidelines for 5G mobile edge computing (MEC) technology with five global partners. The 5G Future Forum, an alliance of major telecommunications firms on network solutions, has confirmed the specifications and standards of 5G MEC, KT said. The collaborative [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s major telecom operators promised to invest up to 25.7 trillion won (US$21.4 billion) to establish a nationwide 5G infrastructure by 2022, the ICT ministry said Wednesday, in a move to boost the economy. The country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus [...]
SEOUL, July 14 (Korea Bizwire) – Samsung Electronics Co., South Korea’s leading tech firm, said Tuesday it expects the commercialization of sixth-generation (6G) services to occur around 2030 as it works to develop technologies for the next-generation communications system. In its white paper, entitled “the Next Hyper-Connected Experience for All,” Samsung estimated that the completion [...]
SEOUL, July 13 (Korea Bizwire) –While most industries are reeling from the continuing fallout caused by the COVID-19 pandemic, local mobile carriers are expected to announce surprising earnings for Q2 over the previous year. While growth in the number of 5G subscribers is slower than expected, decreased expenditures for 5G infrastructure buildup and marketing costs [...]
SEOUL, July 11 (Korea Bizwire) — Local mobile carriers are expanding virtual reality (VR) services to cope with increased demand for online content amid the COVID-19 pandemic, industry sources said Saturday. Leading mobile carrier SK Telecom Co. has started offering recorded VR sessions of the Bucheon International Fantastic Film Festival on its Jump VR application [...]