SEOUL, Nov. 6 (Korea Bizwire) — South Korean telecom giant KT Corp. has come under scrutiny for allegedly concealing a massive malware infection last year instead of reporting it to authorities, a joint government-private investigative panel said Thursday. According to the panel, KT discovered in mid-2024 that dozens of its servers had been infected with BPFDoor, [...]
SEOUL, Sept. 11 (Korea Bizwire) — Science Minister Bae Kyung-hoon visited an office of South Korea’s No. 2 mobile carrier KT Corp. on Thursday, calling for an all-out effort to address a recent series of unauthorized mobile payments. The visit came after a total of 278 cases of unauthorized mobile payments worth 170 million won [...]
SEOUL, Sept. 9 (Korea Bizwire) — The science ministry on Tuesday launched a special team to probe a recent series of unauthorized mobile payments reported by users of KT Corp., the country’s No. 2 telecom carrier. The move came after a number of unauthorized transactions were reported among KT users in southwestern Seoul and the [...]
SEOUL, Aug.11 (Korea Bizwire) – In a stark contrast to SK Telecom’s sharp decline, KT and LG U+ posted strong financial results for Q2 2025, despite the ongoing challenges in the telecom sector. SK Telecom’s operating profit dropped by 37.1% year-on-year, falling to 338.3 billion won, largely due to the aftermath of a major hacking [...]
SEOUL, April 15 (Korea Bizwire) — KT Corp., South Korea’s major telecommunications company, said Tuesday it has completed a joint project to create a large language model (LLM) for the Thai language. The project was carried out in partnership with Jasmine Technology Solutions (JTS), an information technology (IT) arm of Thailand’s tech giant Jasmine Group, [...]
SEOUL, March 28 (Korea Bizwire) — KT announced on March 27 that it is incorporating artificial intelligence technology into the marketing campaign for its Genie TV original series “New Recruit 3,” scheduled to premiere on April 7. The company’s newly established AI Studio Lab, specializing in AI media content, has produced promotional videos for the [...]
SEOUL, March 19 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications company, announced on Tuesday that it will become the nation’s first telecom provider to adopt eco-friendly bobbins for its fiber optic cables starting in April. Bobbins, the cylindrical structures used to store and transport cables, are traditionally made from wood. KT’s new bobbins, [...]
SEOUL, March 5 (Korea Bizwire) — Kim Young-shub, chief executive officer (CEO) of KT Corp., a major South Korean mobile carrier, said Wednesday he will strengthen the company’s artificial intelligence (AI) partnership with Microsoft Corp. to deliver tangible results within the year. “I will accelerate efforts to achieve concrete outcomes with Microsoft this year,” Kim [...]
SEOUL, Feb. 23(Korea Bizwire) — Amid growing economic uncertainty and rising labor costs, South Korean restaurant owners are rapidly adopting digital “table-order” systems, allowing diners to order meals directly from tablets installed at their tables, without staff assistance. The adoption of table-order services surged dramatically in recent months, driven by restaurant operators seeking to cut staffing [...]
SEOUL, Jan. 9 (Korea Bizwire) — KT Corp., a major South Korean telecommunications company, said Thursday it will join hands with defense firm LIG Co. Nex1 to develop propriety technologies for homegrown low Earth orbit (LEO) satellites. The two companies signed a memorandum of understanding to jointly develop core technologies for LEO satellites, including a [...]