SEOUL, Nov. 3 (Korea Bizwire) – The monthly data usage by users of smartphones running on fifth-generation (5G) networks reached a record high in September, data showed Sunday amid the growing demand for mobile content. The combined amount of data used by South Korean users of 5G mobile devices reached 87,928 terabytes (TB), according to [...]
SEOUL, Nov. 1 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday its net profit dropped 32.1 percent in the third quarter from a year earlier due to increased spending for 5G infrastructure buildup and marketing. Net profit stood at 104.5 billion won (US$89.5 million) in the July-September period, compared [...]
SEOUL, Oct. 31 (Korea Bizwire) — It has been six months since 5G was commercialized, and many users are still not satisfied with the service. According to a survey of 180 5G users by three civic groups including the People’s Solidarity for Participatory Democracy, 76.6 percent said they were dissatisfied, including those who were very [...]
SEOUL, Oct. 31 (Korea Bizwire) — SK Telecom Co. said Thursday its third-quarter net income plunged due to equity losses of its chip-making subsidiary, while its operating profit remained mostly unchanged from the previous year. Its net income tumbled 73.9 percent to 274.4 billion won (US$236 million) in the July-September period compared with a year [...]
SEOUL, Oct. 30 (Korea Bizwire) — South Korea on Wednesday opened a 5G fair to help local companies export their latest immersive content products. South Korean companies showcased their goods to prospective overseas partners at the two-day fair at an exhibition center in Goyang, northwest of Seoul, the Ministry of Science and ICT said. Participants [...]
SEOUL, Oct. 28 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Monday that it has agreed to a share swap deal with the country’s largest messenger operator, Kakao Corp., in a move to strengthen their competitiveness. Under the agreement, SK Telecom and Kakao will exchange about 300 billion won (US$258 million) [...]
SEJONG, Oct. 10 (Korea Bizwire) — South Korea said Thursday that it will build two 5G experience centers in central Seoul to showcase K-pop and other cultural content through the latest technology. The centers near Gwanghwamun Square in central Seoul will provide interactive ways to imitate K-pop dances while providing such content as K-pop concerts [...]
SEOUL, Oct. 7 (Korea Bizwire) — The siblings in Korean director Bong Joon-ho’s Cannes-winning film “Parasite” may not have to squat down in their basement-level apartment looking for Wi-Fi signal anymore. That is if they go out to a nearby park, parking lot or public facility to use the free Wi-Fi provided by the Seoul [...]
SEOUL, Oct. 4 (Korea Bizwire) — SK Telecom Co. will supply its fifth-generation (5G) network solutions to Japanese e-commerce giant Rakuten Inc., industry sources said Friday, as South Korea’s top mobile carrier expands its presence in the sector. SK Telecom will export its 5G network designs, optimized communication quality solutions for 5G, 5G antennas, and [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korean mobile carrier LG Uplus Corp. said Monday it will roll out 5G roaming service in China in partnership with a state-run telecom operator, China Unicom. The preliminary service began earlier in the day for LG Uplus’ 5G customers visiting China, and the full-fledged mobile service will be [...]