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Samsung Electronics to Tap IoT, More New Businesses in 2015

Samsung Electronics to Tap IoT, More New Businesses in 2015

SEOUL, Jan. 2 (Korea Bizwire) — Samsung Electronics Co. will confront wider economic uncertainties abroad this year, the company CEO said Friday, vowing to tap deeper into new businesses to keep its growth engine alive. “We should make full-fledged efforts to gain sustainable competitiveness by introducing smart health, smart home and the Internet of Things (IoT) businesses,” [...]

SK Telecom Commercializes World’s First Tri-band LTE-A Service

SK Telecom Commercializes World’s First Tri-band LTE-A Service

Seoul, Korea, Dec. 28 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it will launch commercial tri-band LTE-Advanced (LTE-A) service on December 29th for the first time in the world. Tri-band LTE-A service offers data speeds of up to 300Mbps by aggregating three component carriers in three different frequency bands: 20MHz bandwidth in 1.8GHz [...]

SK Telecom Launches Portable Air Monitoring Device Named Air Cube

SK Telecom Launches Portable Air Monitoring Device Named Air Cube

Seoul, Korea, Dec. 11 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced the launch of Air Cube, a portable air monitoring device that measures air quality anywhere, anytime, and suggests appropriate actions at emergencies via a designated application on user’s smartphone. Designed to enhance people’s health and well-being, Air Cube monitors the air quality of [...]

Korea’s iPhone User Wins Lawsuit against Apple over Unfair Consumer Policy

Korea’s iPhone User Wins Lawsuit against Apple over Unfair Consumer Policy

SEOUL, Dec. 10 (Korea Bizwire) — Oh Won-kuk, a 30-year-old man residing in Gwangju, sent his Apple iPhone 5 on November 14, 2013 to a service center as his phone lost power too frequently even when the bars indicated sufficient battery power. At the time, he had used the newly purchased phone less than one year, which [...]

10 Gbps Internet Speeds Now Available Thanks to Korean Technology

10 Gbps Internet Speeds Now Available Thanks to Korean Technology

SEOUL, Nov. 28 (Korea Bizwire) – A Korean research team has finally developed next-generation optical networking equipment that realizes up to 10 Gigabits per second transfer speeds. As it is 100 times faster than the speed of existing optical fiber cable, a high-definition film can be downloaded in only four seconds. The Electronics and Telecommunications [...]

KT to Offer GiGA WiFi Service in Special DMZ Village

KT to Offer GiGA WiFi Service in Special DMZ Village

SEOUL, Nov. 27 (Korea Bizwire) – Daeseong-dong village, located only 400 meters south of the heavily fortified Military Demarcation Line dividing North and South Korea, is the only village where civilians can reside within the de-militarized zone (DMZ) in South Korea. According to the truce that ended the three-year long Korean War (1950-1953), two villages, one in the [...]

Public Wi-Fi Hotspots to Require ID and Password Beginning Next Year

SEOUL, Nov. 27 (Korea Bizwire) — The government will strengthen security of public Wi-Fi hotspots like coffee shops and various other public establishments by mandating an ID and password so that the incidence of personal information breaches can be reduced. The Ministry of Science, ICT and Future Planning, jointly with the National Information Society Agency and three [...]

Korea Ranks No. 2 in ITU’s ICT Development Index

Korea Ranks No. 2 in ITU’s ICT Development Index

SEOUL, Nov.26 (Korea Bizwire) – Korea slipped to No. 2 behind Denmark in the ICT Development Index released by the International Telecommunication Union. According to the annual report of the Geneva-based organization, Korea’s index in the degree of info tech and communications development in 2013 was 8.85, 0.01 point lower than that for Denmark. In the previous year, [...]

Smartwatch Market Shows Signs of Bloom…Patent Applications on the Rise

Smartwatch Market Shows Signs of Bloom…Patent Applications on the Rise

SEOUL, Nov. 25 (Korea Bizwire) — The smartwatch market is showing signs of blooming. As major companies like Samsung, LG, and Apple make forays into this area, the number of smartwatch patent applications has increased as well. According to the Korea Intellectual Property Office on November 23, the number of patent applications related to smartwatches started picking [...]