SEOUL, May 10 (Korea Bizwire) — LG Electronics Inc. said its V50 ThinQ hit market shelves in South Korea on Friday, with the company hoping its slumping mobile business will rebound with its first 5G smartphone. The LG V50 ThinQ officially went on sale after weeks of delay to ensure its performance under 5G networks [...]
SEOUL, May 2 (Korea Bizwire) — South Korea will create a fund worth 30 billion won (US$26 million) to help nurture immersive content for the super-fast 5G network, the government said Thursday. The fund, to be launched this month, aims to form an early market for immersive content and bolster the competitiveness of local tech [...]
SEOUL, May 1 (Korea Bizwire) — South Koreans who have subscribed to the 5G service hit 260,000, with the country fast moving to better meet consumer demands, the government said Wednesday. Asia’s fourth-largest economy was the first country in the world to launch full-fledged 5G services on April 3. The new communication system provides super [...]
SEOUL, Apr. 29 (Korea Bizwire) — SK Telecom Co. said Monday it will create a high-definition (HD) map based on its 5G network for autonomous driving in Songdo. The country’s leading mobile carrier signed a memorandum of understanding with the Incheon Free Economic Zone (IFEZ) to collaborate on the 5G-based HD map in an area [...]
SEOUL, Apr. 27 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Friday that its wholly owned fixed broadband subsidiary agreed to merge with No. 2 cable TV operator t-broad in a deal worth 4.7 trillion won (US$4.1 billion), paving the way for the expansion of the telecom firm’s media business. SK [...]
SEOUL, Apr. 25 (Korea Bizwire) — The Citizens’ Coalition for Economic Justice (CCEJ) has claimed that South Korea’s three major telecommunications companies — KT Corp., LG Uplus Corp., and SK Broadband Inc. — are discriminating against South Korean firms by collecting minimal fees from Google, Facebook, Netflix, and other foreign content providers for accessing their [...]
SEOUL, Apr. 24 (Korea Bizwire) — South Korea’s telecommunication companies said Wednesday they will redouble efforts to expand coverage of ultrahigh-speed 5G networks throughout the country and address related complaints by consumers. South Korea was the first country in the world to launch full-fledged 5G services on April 3, which provide super fast connection speeds, [...]
SEOUL, Apr. 16 (Korea Bizwire) — Now that South Korea has won the much-coveted crown of the world’s “first” to launch 5G commercial service, it is time to improve the service’s quality and create lucrative business models to lead the way in the global 5G race, market watchers said Tuesday. Samsung Electronics Co.’s Galaxy S10 [...]
SEOUL, Apr. 15 (Korea Bizwire) — South Korea’s leading mobile carrier, SK Telecom Co., said Monday it will establish 5G network on a military campus to support smart training for cadets. SK Telecom said it will establish 5G network in the Korea Military Academy’s campus in northern Seoul within the first half of this year [...]
SEOUL, Apr. 15 (Korea Bizwire) — LG Electronics Inc. has been in talks with South Korea’s three mobile carriers to delay the release date of its first 5G smartphone so as to better ensure stable service, industry sources said Monday. LG Electronics had initially planned to launch V50 ThinQ in domestic market on April 19, [...]