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 [...]
SEOUL, Jan. 3 (Korea Bizwire) — In their New Year’s messages, chief executives of South Korea’s three major telecommunications companies and leading platform and gaming firms highlighted plans to expand artificial intelligence operations and boost revenue generation in 2025. The heads of the telecom companies unanimously identified AI achievements as their primary objective for the coming [...]
SEOUL, Nov. 27 (Korea Bizwire) – South Korea’s KT Corp. announced on Tuesday its plan to revolutionize network management by integrating artificial intelligence (AI) technology into its operational systems. The move comes as the telecommunications giant faces potential service gaps following the voluntary departure of 2,800 employees in a recent restructuring effort. KT unveiled two AI-powered [...]
SEOUL, Nov. 5 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, on Tuesday showcased the world’s first artificial intelligence IPTV that supports advanced 8K resolution. The Korean company’s new Genie TV set-top box will support 8K resolution, the highest resolution standard for content creation, to upgrade the viewing experience for its users, [...]
SEOUL, Oct. 10 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, will jointly open an innovation center for research of artificial intelligence (AI) and cloud computing technologies with Microsoft Corp. next year, the Korean company said Thursday. The establishment of the Innovation Center comes as part of KT and Microsoft’s five-year partnership [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s telecommunications giant KT Corp. said Monday it will provide US$450 million worth of network and data center infrastructure to Microsoft Corp. over the next 15 years as part of their partnership for artificial intelligence. The collaboration, which also includes KT’s cloud service unit, KT Cloud Co., follows [...]
SEOUL, Sept. 4 (Korea Bizwire) – South Korean telecommunications giant KT announced on September 3 its plans to participate in IFA 2024, Europe’s largest consumer electronics and information technology exhibition. The event, celebrating its 100th anniversary this year, will take place in Berlin, Germany, from September 6 to 10. KT will join the exhibition alongside 10 [...]