SEOUL, Feb. 1 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday it developed a new cell tower safety inspection system using drones and image analysis artificial intelligence (AI). The newly-developed image analysis AI model checks the status of nuts and bolts by analyzing images taken by drones. Cell towers with [...]
SEOUL, Jan. 31 (Korea Bizwire) — The South Korean government said Tuesday it will give a new operator the exclusive rights to an additional 5G network frequency band for three years in a bid to help local businesses enter the new high-speed network service sector. The new operator will be given the priority to use [...]
SEOUL, Jan. 11 (Korea Bizwire) – LG Uplus Corp., South Korea’s third-largest wireless carrier, said Tuesday the personal information of 180,000 customers has been leaked. “We have acknowledged that personal data of some customers have been leaked,” LG Uplus said in a message posted on its website. “We apologize for causing concern to our customers.” [...]
SEOUL, Dec. 20 (Korea Bizwire) — A hacker in his 30s was arrested on charges of infiltrating built-in home cameras at over 600 different apartment complexes and distributing recorded footage, police said Tuesday. In South Korea, it is common for internet-connected home security devices with cameras to be installed in apartment complexes. A wall-pad device, [...]
SEOUL, Nov. 11 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, said Thursday it will make a US$2 million strategic investment in U.S.-based digital medicine company Sonde Health Inc. Sonde Health has developed vocal biomarker technology that can analyze subtle signs of changes in the voice — the volume, pitch or difference [...]
SEOUL, Nov. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday its third-quarter net profit dropped 66.7 percent from a year earlier due mainly to last year’s spinoff of its semiconductor businesses. The company logged a net profit of 245.6 billion won (US$180.4 million) on a consolidated basis in the [...]
SEOUL, Nov. 8 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Tuesday its third-quarter net profit fell 3.4 percent from a year earlier due to an increase in operating expenses. KT’s net income amounted to 326.2 billion won (US$235.5 million) on a consolidated basis in the July-September period, compared with 337.7 [...]
SEOUL, Nov. 4 (Korea Bizwire) — LG Uplus Corp. on Friday reported its third-quarter net profit of 170.8 billion won (US$119.6 million), down 19.1 percent from a year earlier, due to increased interest costs. Operating income for the July-September period was 285.1 billion won, up 3 percent from a year ago, the company said in [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Engineering & Construction Co., South Korea’s leading builder, has developed new technology that ensures smoother communication between inside and outside tunnels. The company announced on Tuesday that its “TV white-space (TVWS) serious industrial disaster prevention solution for underground tunnels” was designated as a regulatory sandbox case by the [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest wireless carrier, on Tuesday unveiled its new artificial intelligence (AI) services as part of its long-term strategy to transform itself from its traditional telecom identity into a digital platform service provider. Its AI brand, named “ixi,” offers AI-powered services for sports match predictions, [...]