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SK Telecom, Microsoft Sign MOU on 5G, AI, Cloud Computing

SK Telecom, Microsoft Sign MOU on 5G, AI, Cloud Computing

SEOUL, May 13 (Korea Bizwire) — SK Telecom Co. and Microsoft Corp. have agreed to collaborate in cutting-edge ICT areas, including 5G, artificial intelligence (AI) and cloud computing, to foster new business opportunities, the companies said Monday. The South Korean telecom and U.S. tech giants signed a memorandum of understanding (MOU) last week to combine [...]

Agricultural Products Fertilized with Starbucks Coffee Compost Return to Customers

Agricultural Products Fertilized with Starbucks Coffee Compost Return to Customers

SEOUL, Apr. 24 (Korea Bizwire) — Starbucks coffee grounds are composted and sprayed on farmland, and agricultural products grown as food for the compost will be reborn as Starbucks products. Starbucks Coffee Korea Co. announced on Tuesday that it had signed a mutually beneficial agreement with the city of Pyeongtaek on Monday, along with the [...]

S. Korea Teams Up with Saudi Arabia to Establish Intellectual Property Management System

S. Korea Teams Up with Saudi Arabia to Establish Intellectual Property Management System

DAEJEON, Apr. 2 (Korea Bizwire) — South Korea will participate in a project to establish an ecosystem for intellectual property led by the Saudi Arabian government aiming to achieve its national goal of ‘Vision 2030’. Park Won-joo, Korean Intellectual Property Office (KIPO) Commissioner, and Mohammed Al-Swailem, the CEO of Saudi Authority for Intellectual Property, met [...]

SK Telecom, Shinsegae Join Hands on Future Retail Model

SK Telecom, Shinsegae Join Hands on Future Retail Model

SEOUL, Apr. 2 (Korea Bizwire) — South Korean mobile carrier SK Telecom Co. said Tuesday it will collaborate with retail giant Shinsegae to develop a next-generation retail business model based on 5G and an advanced ICT platform. SK Telecom and Shinsegae I&C Co., Shinsegae’s IT subsidiary, signed a memorandum of understanding to develop a new [...]

LG Uplus Partners with Nvidia for Cloud Gaming

LG Uplus Partners with Nvidia for Cloud Gaming

SEOUL, Mar. 21 (Korea Bizwire) — South Korean mobile carrier LG Uplus Corp. said Thursday it will launch Nvidia’s GeForce NOW cloud gaming platform for Internet Protocol (IP) television services and upcoming 5G smartphones. LG Uplus said it has signed an exclusive deal with Nvidia, a U.S.-based graphics processing unit (GPU) manufacturer, to give access [...]

KT to Offer 5G Network for Voice-controlled Drone

KT to Offer 5G Network for Voice-controlled Drone

SEOUL, Mar. 12 (Korea Bizwire) — South Korean telecom KT Corp. said Tuesday it will integrate its 5G network with a voice-controlled drone enabled by artificial intelligence (AI) to better monitor major infrastructure. KT signed a memorandum of understanding with indigenous drone developer Woori Aviation Co., voice recognition solution start-up Syncspace and the state-run Korea [...]

SK Telecom to Partner with Singtel in OTT Business: Sources

SK Telecom to Partner with Singtel in OTT Business: Sources

SEOUL, Mar. 10 (Korea Bizwire) — South Korea’s telecom giant SK Telecom Co. is pushing to team up with Singapore’s Singtel to mutually invest in their over-the-top (OTT) subsidiaries, industry sources in Seoul said Sunday. The partnership, which is currently under discussion, enables Singtel to invest in SK’s Telecom’s OTT video service OKSUSU and Pooq, [...]

Kakao Teams Up with Hospital for Health Care Business

Kakao Teams Up with Hospital for Health Care Business

SEOUL, Mar. 4 (Korea Bizwire) — South Korea’s top mobile messenger operator Kakao Corp. said Monday that its investment-focused affiliate has signed a deal with a local hospital to provide health care and tailored medical services to patients. Kakao Investment plans to invest 10 billion won (US$8.9 million) in a joint venture between Yonsei University [...]

S. Korea and Indian Collaborate on Drama About Heo Hwang-ok, Queen of Gaya

S. Korea and Indian Collaborate on Drama About Heo Hwang-ok, Queen of Gaya

SEOUL, Mar. 1 (Korea Bizwire) — A South Korean-Indian collaboration film and drama based on Gaya’s first queen, Heo Hwang-ok, has gotten the green light. South Korean drama production company Say On Media announced on Thursday that it has agreed to make a collaboration film and drama with India’s Eros International Group and B&C Group. [...]