SEOUL, March 31 (Korea Bizwire) – The three major telecommunications companies clashing over SK Telecom’s purchase of CJ Hellovision are once again butting heads as they have different interpretations of the Broadcast Market Competition Assessment issued by the Korea Information Society Development Institute (KISDI). KT and LGU+ were concerned that the influence SK Telecom is casting [...]
SEOUL, March 30 (Korea Bizwire) - Samsung Electronics Co. said Wednesday it has launched a new refrigerator in South Korea which uses Internet-of-Things (IoT) technologies. The Family Hub refrigerator, first showcased at the Consumer Electronics Show in January, is equipped with a 21.5-inch Full HD touch screen that allows users to follow-up on various conditions of the refrigerator. [...]
SEOUL, March 28 (Korea Bizwire) – South Korea’s two tech giants — SK Telecom Co. and Samsung Electronics Co. – will team up with a local city government to construct an Internet of Things (IoT) trial town, officials said Monday. They plan to install the IoT infrastructure across Daegu, 300 kilometers southeast of Seoul, to be designated [...]
SEOUL, March 16 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. said Wednesday it will establish a nationwide network of the Internet-of-Things (IoT) by the end of this year and bolster its related business as the segment has emerged as a new growth engine for the telecom industry. SK Telecom said it will utilize [...]
SEOUL, March 7 (Korea Bizwire) – The number of users subscribing to Internet-of-Things (IoT) services grew at a faster pace than those subscribing to smartphones in South Korea on-month in January, data showed Sunday, on the back of the rising sales of wearable smart devices. According to data compiled by the Ministry of Science, ICT and [...]
SEOUL, Mar. 2 (Korea Bizwire) — Samsung Electronics Co.’s latest flagship smartphone, the Galaxy S7, may come without mobile carriers’ logos inscribed on the back, industry sources said Tuesday, reflecting the firm’s efforts to improve the aesthetics of its smartphones. According to the sources, the Galaxy S7 to be released in South Korea will not [...]
SEOUL, Feb. 15 (Korea Bizwire) – South Korea’s No. 2 mobile carrier KT Corp. said Monday it will be able to provide fifth-generation (5G) network services at the venue of the Winter Olympics in 2018 as scheduled, setting a new milestone for the global telecommunications industry. KT, the official network service provider of the 2018 [...]
SEOUL, Feb.3 (Korea Bizwire) – SK Telecom announced that it would overcome its limits by broadening its horizons, as company executives decided that they would not be able to achieve meaningful growth in telecommunications this year. Company officials emphasized that the company will expand its media division and develop new business models to be reborn [...]
SEOUL, Jan.8 (Korea Bizwire) – Netflix, the largest video streaming service platform in the world, launched its service in Korea on January 7. Some are questioning whether the platform can achieve as great success as in the American market. Reed Hastings, the CEO of Netflix, announced that Netflix would expand its service to 130 countries [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s top tech firm Samsung Electronics Co. said Friday it has agreed with China’s credit card operator UnionPay Co. to cooperate in promoting its new mobile payment system in the Chinese market. Under the deal, the two firms will aim to release Samsung Pay in the first half [...]