SEOUL, May 27 (Korea Bizwire) – With subscriptions to data-oriented rate plans passing the 800,000 mark just 17 days after their rollout earlier this month, the ICT ministry expects that the 2- million-subscriber mark is within reach this year. According to the Ministry of Science, ICT and Future Planning on May 26, the total number [...]
SEOUL, May 25 (Korea Bizwire) — SK Telecom is set to develop Korea’s first distributed underwater monitoring & control networks in collaboration with a number of research institutes and universities. According to statement on May 24, the company has been selected as a consortium participant by the Korean government, and will take part in a project [...]
SEOUL, May 22 (Korea Bizwire) — As mobile phone plans rapidly shift from voice-centered to data-centered plans—with free calls and text messages—2G users are feeling left out. The new plans are designed for those who access 3G and LTE service networks with smartphones. As 2G users use mobile phones only for calling and texting, mobile carriers are [...]
SEOUL, May 19 (Korea Bizwire) – SK Telecom, South Korea’s top mobile carrier, said Tuesday it will start selling a new rate plan that offers unlimited calls and text messages and charges only based on the amount of downloaded data, joining the race with two local rivals as mobile trends shift to data-focused services. The [...]
WASHINGTON, May 18 (Korea Bizwire) — A U.S. court ruled Monday that Apple cannot collect damages from Samsung Electronics for its claims that the South Korean electronics giant copied the overall look and feel of iPhone, a decision expected to lower the US$930 million damages awarded to Apple. The U.S. Court of Appeals for the Federal [...]
SEOUL, May 17 (Korea Bizwire) — As Internet-only banking services are expected to lead the Fintech industry, SK C&C, the IT arm of SK Group, will support internet-only banks by developing a customized IT platform with premium services. SK C&C announced on May 13 that it would set up a specialized IT service business model [...]
SEOUL, May 14 (Korea Bizwire) — KT’s new data-centric mobile phone plans have attracted more than 100,000 new subscribers only four days after their launch, said the company on May 12. The new plan’s prices are proportional to the amount of data offered, differentiating them from other plans based on talk minutes or text messaging. [...]
SEOUL, May 11 (Korea Bizwirep) — South Korea’s No. 2 mobile carrier KT said Monday it has won a US$101 million deal from Uzbekistan to provide a smart-energy solutions system that improves efficiency of power management. Under the contract with state-owned power generation company Uzbekenergo, KT will supply energy-metering solutions, such as the Advanced Electricity Metering, that [...]
SEOUL, May 9 (Korea Bizwire) — As Koreans increasingly use their cell phones for data rather than making phone calls and texting, KT launched a new service that provides LTE data at price points from 20,000 won to 50,000 won, including unlimited talking and texting. Mobile phone rates in Korea are usually proportional to voice minutes [...]
SEOUL, May 4 (Korea Bizwire) – According to a May 3 announcement from the Ministry of Science, ICT and Future Planning, the number of budget phone service subscribers surpassed the 5 million mark as of April 21. Reaching the 5 million mark means that mobile virtual network operators (MVNOs) are hitting their stride as meaningful competitors [...]