SEOUL, July 16 (Korea Bizwire) — South Korean telecom giant KT Corp. said Thursday it has developed guidelines for 5G mobile edge computing (MEC) technology with five global partners. The 5G Future Forum, an alliance of major telecommunications firms on network solutions, has confirmed the specifications and standards of 5G MEC, KT said. The collaborative [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s major telecom operators promised to invest up to 25.7 trillion won (US$21.4 billion) to establish a nationwide 5G infrastructure by 2022, the ICT ministry said Wednesday, in a move to boost the economy. The country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus [...]
SEOUL, July 13 (Korea Bizwire) –While most industries are reeling from the continuing fallout caused by the COVID-19 pandemic, local mobile carriers are expected to announce surprising earnings for Q2 over the previous year. While growth in the number of 5G subscribers is slower than expected, decreased expenditures for 5G infrastructure buildup and marketing costs [...]
SEOUL, July 8 (Korea Bizwire) — South Korea’s telecommunications regulator said Wednesday it imposed a record fine of 51.2 billion won (US$46.7 million) on the country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — for providing illegal subsidies to subscribers to their 5G network services. SK Telecom will face [...]
SEOUL, June 30 (Korea Bizwire) — The number of new 5G subscribers rose by a record high in May for this year, with total network users reaching just under 6.9 million, official data showed Tuesday. The latest findings showed 5G subscribers increasing by 536,997 in May compared to the month before, exceeding the previous monthly [...]
SEOUL, June 30 (Korea Bizwire) — One in four South Koreans are inclined to spend more on 5G network services and faster internet connection to better prepare for the coronavirus pandemic, a survey showed on Tuesday. The survey conducted by Ericsson-LG, a joint venture between Sweden-based Ericsson and South Korea’s LG Electronics Inc., showed that [...]
SEOUL, June 30 (Korea Bizwire) — South Korean smartphone users’ connection to 5G network services is far lower than expected, with 5G users only able to use the fastest network 15 percent of the time, a report showed Tuesday. South Korea, the first country around the globe to commercially launch a 5G mobile network in [...]
SEOUL, June 25 (Korea Bizwire) — South Korea’s move to offer an unlicensed 6 gigahertz (GHz) frequency band will lead to superfast Wi-Fi services across the country and the building of 5G network-based smart factories, the science ministry said Thursday. The spectrum, ranging from 5,925 MHz through 7,125 MHz, will open for indoor use in [...]
SEOUL, June 24 (Korea Bizwire) — Hyundai Mobis Co. said Wednesday it has developed an integrated communication controller to offer 5G networks-based “seamless” connected car services in next-generation vehicles. The integrated communication controller allows a vehicle to have real-time communication with other vehicles and the infrastructure for safe driving and information gathering, the company said [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Electronics Co. unveiled on Tuesday a solution that uses drones and artificial intelligence (AI) technology to optimize the performance of 5G networks by analyzing the installation state of base stations and antennas. As part of the solution, drones take videos of 5G base stations and antenna systems and [...]