SEOUL, March 6 (Korea Bizwire) — South Korean mobile phone users consider data services to be worth more than twice the value of traditional voice calls and text messages combined, according to a comprehensive survey released on March 5. The study also revealed that most users find smartphone purchase costs more burdensome than monthly service fees. [...]
SEOUL, Jan. 16 (Korea Bizwire) — The South Korean government announced on January 15 its most significant reduction in data wholesale prices in a decade as part of its 2025 telecommunications policy aimed at strengthening the competitiveness of budget mobile carriers. The Ministry of Science and ICT revealed that the wholesale data rate, which budget [...]
BARCELONA, Spain, Nov. 16, 2023 (Korea Bizwire) – The Qatari capital will host the third edition of the region’s leading urban innovation event from 29-30 November. Under the motto “A World of Data: Connecting People, Elevating Lives”, Smart City Expo Doha (SCE Doha) will lead the debate on sustainable urban development and the importance of data [...]
SEOUL, June 20 (Korea Bizwire) — The government and public institutions will make the extensive cancer patient database available to academic and industrial researchers. The Ministry of Health and Welfare on Tuesday introduced the K-CURE online library, a comprehensive big data framework that encompasses 1.98 million cancer patients registered between 2012 and 2019. This dataset [...]
SEOUL, May 4 (Korea Bizwire) — The Ministry of the Interior and Safety said Wednesday that a model analyzing satellite image data to identify areas requiring crime prevention facilities will be distributed to municipal governments nationwide. The model, which is scheduled to be distributed from mid-May, was developed using the cities of Ansan and Hwaseong [...]
SEOUL, Feb. 14 (Korea Bizwire) — Public opinion continues to stay divided over how to deal with stray cats, most likely due to the lack of a reasonable basis for arguments made by all contending parties. For starters, how many stray cats are there? The question remains unanswered, with only estimations of those living in [...]
SEOUL, Dec. 9 (Korea Bizwire) — Amid growing market demand for the release of data about owner-operated businesses, the Financial Services Commission (FSC) decided to make public such data held by public financial institutions starting from Friday. Five public financial institutions, including the Industrial Bank of Korea and the Korea Development Bank, under the umbrella [...]
SEOUL, March 25 (Korea Bizwire) — South Korea plans to invest more than 20 trillion won (US$16.4 billion) in data, network and artificial intelligence (AI) sectors over the next three years in a bid to help nurture future-oriented industries, the finance minister said Friday. Along with fiscal spending, the government plans to provide support for [...]
SEOUL, Sept. 7 (Korea Bizwire) — An increasing number of companies are using data instead of ‘guts’ to do business with the introduction of various services that analyze sales and market trends. Last February, major South Korean credit card issuer Samsung Card Co. introduced LINK Partner, a service that collects and analyzes customer payment data [...]
SEJONG, June 28 (Korea Bizwire) — Jeju Island had the highest ratio of double income households last year among South Korea’s major cities and provinces, data showed Sunday. Among the island’s 158,000 households with married couples, the share of double income households stood at 60.4 percent or 96,000 households, the highest ratio among major regions [...]