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Korea Freedom Foundation to Establish New Mobile Telecom Service Firm

Korea Freedom Foundation to Establish New Mobile Telecom Service Firm

SEOUL, Sep. 24 (Korea Bizwire) – The Korea Freedom Foundation will form a consortium to establish a new mobile telecom service provider. The right-wing organization said on September 23 in a press release, “In response to the Park Geun-hye government’s election pledge to cut mobile calling rate by a half and a 30-percent cut in mobile [...]

Korea Leads the World in Flexible Smartphone-related Patents

Korea Leads the World in Flexible Smartphone-related Patents

SEOUL, Sep. 23 (Korea Bizwire) – Smartphone designs are rapidly evolving toward flexible curved shapes. With 2012 as the watershed, the center of gravity in flexible smartphone development efforts has definitely moved to Korea. According to the Korea Intellectual Property Office on September 22, the number of patents related to flexible smartphone has increased by [...]

SK Telecom Launches Computer Coding School to Raise Talents

SK Telecom Launches Computer Coding School to Raise Talents

SEOUL, Sep. 23 (Korea Bizwire) – SK Telecom, a South Korean telecommunications operator, plans to develop lessons in computer coding to nurture future computer programmers. The telecommunications company announced that it would launch a Smart Robot Coding School, a program for software education by utilizing its smart robots, Albert and Atti. The operator recognized the importance [...]

Kakao Embarks on News Services in Algorithm Method

Kakao Embarks on News Services in Algorithm Method

SEOUL, Sep. 19 (Korea Bizwire) – Kakao, South Korea’s top messenger service provider, is about to initiate news services. Kakao will embark on a beta service as an application type at the outset of next week and, after overcoming its shortcomings through the test service, it will initiate the official news services within this year, [...]

LG Uplus and Nokia Develop Intelligent Network Platform for LTE Users

LG Uplus and Nokia Develop Intelligent Network Platform for LTE Users

SEOUL, Sep. 18 (Korea Bizwire) – Wireless network is getting smarter. As the data load increases, the network assigns more data so that users can enjoy better, faster services without video interruption. It seems the era of “video LTE” is at hand. LG Uplus said on September 17 that it has successfully developed an intelligent network platform jointly [...]

Daum Acquires Legendary SeoulBus App to Expand O2O Business

SEOUL, Sept. 18 (Korea Bizwire) – Daum Communications acquired smartphone app SeoulBus as a stepping stone to expand its business into local online to offline (O2O) market and reinforce its mobile advertisement business. Daum, the second largest Internet portal in Korea to be merged with Kakao Inc. next month, announced on September 16 that it took [...]

LG Uplus Develops Korea’s First Software-separated Network Equipment

LG Uplus Develops Korea’s First Software-separated Network Equipment

SEOUL, Sept. 17 (Korea Bizwire) – LG Uplus announced that it succeeded in adopting “Software Defined Network/Open Flow (SDN/OF)” technology into commercial network for the first time in Korea together with local network device provider Ubiquoss. The SDN/OF is a next-generation network technology enabling the network operators to separate software from “L3 Switch” and control hardware [...]

KT’s Olleh TV Passes Record-setting 300 Million Monthly Viewership

KT’s Olleh TV Passes Record-setting 300 Million Monthly Viewership

SEOUL, Sep. 16 (Korea Bizwire) — KT,  South Korea’s largest telecommunications provider, has pulled off a record-setting viewership for its flagship Internet TV service “Olleh TV”.   KT announced on September 15 that the number of VOD transactions for its Olleh TV hit the 300 million marks in last August alone — the largest monthly figure for its popular IPTV service. [...]