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Gov’t, Mobile Carriers Unite to Monitor Infectious Diseases

Gov’t, Mobile Carriers Unite to Monitor Infectious Diseases

SEOUL, Apr. 21 (Korea Bizwire) — South Korea’s health authorities and the nation’s three mobile carriers launched a collaboration Thursday to monitor and prevent the spread of infectious diseases. Under an agreement between the Korea Centers for Disease Control and Prevention (KCDC) and SK Telecom Co., KT Corp. and LG Uplus Corp., the authorities will [...]

KT, Verizon Hold World’s First Hologram Call on 5G Network

KT, Verizon Hold World’s First Hologram Call on 5G Network

SEOUL, Apr. 4 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Monday said the company plans to expand ties with U.S. Verizon Communications and jointly demonstrated the world’s first hologram call that can be used on a fifth-generation network. KT said its head Hwang Chang-kyu and his counterpart Lowell McAdam, the [...]

KT Launches World’s First Device-Free VR TV Service

KT Launches World’s First Device-Free VR TV Service

SEOUL, Nov. 8 (Korea Bizwire) – Local telecommunications giant KT launched Tuesday a 360-degree GiGA VR Service for its Olleh TV IPTV service, allowing customers to enjoy VR content on a television without using a VR device.  According KT, the service is offered for select VOD programs in full HD, for which viewers can use [...]

KT, LG Uplus Join Hands to Commercialize Internet of Things

KT, LG Uplus Join Hands to Commercialize Internet of Things

SEOUL, Nov. 3 (Korea Bizwire) — KT Corp. and LG Uplus Corp., South Korea’s second- and third-largest mobile carriers, unveiled a deal Thursday to work together on commercializing the Internet of Things (IoT) technology. The IoT technology, which allows everyday appliances to link to the Internet, is seen as one of the major technological developments [...]

Internet-Only Bank Seeks Gov’t Approval for Service

Internet-Only Bank Seeks Gov’t Approval for Service

SEOUL, Sept. 30 (Korea Bizwire) – South Korea’s financial regulatory body said Friday it will soon decide whether to issue a permit for the nation’s first online-only bank.  Two consortiums, one led by KT Corp. and the other by Kakao Corp., are preparing to enter the banking sector with their technical expertise.  KT’s consortium submitted [...]

Niche Brands Chase Big Three Smartphone Manufacturers

Niche Brands Chase Big Three Smartphone Manufacturers

SEOUL, Sept. 19 (Korea Bizwire) – The current Korean market for smartphones may be dominated by the big three smartphone manufacturers – Samsung, Apple, and LG – and their latest premium products – the Galaxy Note 7, iPhone, and V20 – but other phone makers have been making inroads recently by targeting niche customers. KT, [...]

Teenage Pilots Dominate 2016 Drone Racing World Masters

Teenage Pilots Dominate 2016 Drone Racing World Masters

SEOUL, Aug. 8 (Korea Bizwire) – In what was perhaps a sign of the future, the 2016 Drone Racing World Masters were dominated by teenage talents.  With 32 contestants from 12 countries across the globe participating, the competition was organized into two categories: a racing category that measured the fastest lap time around a track, [...]

Korea Questions Monopolized USIM Distribution of Major Telecom Companies

Korea Questions Monopolized USIM Distribution of Major Telecom Companies

SEOUL, July 21 (Korea Bizwire) – The Green Consumer Network (GCN) pointed out Thursday that Korea’s Big Three telecommunications companies – SK Telecom, KT and LG Uplus – are racking up excessive retail profits by selling USIMs (Universal Subscriber Identity Module) via their own distribution networks.  The GCN analyzed sales and pricing data for smartphone [...]

KT Music to Launch South Korea’s First Virtual Reality Music Service

KT Music to Launch South Korea’s First Virtual Reality Music Service

SEOUL, June 10 (Korea Bizwire) – South Korean online music content provider KT Music unveiled the country’s first virtual reality-backed music service on Thursday.  “Genie VR,” a computer-generated multimedia service that plays the visuals alongside music content, will be provided on a separate section of Genie’s mobile app, the music service maker and distributor said [...]

Telecommunications Companies Compete to Establish IoT Networks

Telecommunications Companies Compete to Establish IoT Networks

SEOUL, May 23 (Korea Bizwire) – Korean telecommunication companies, such as SK Telecom (SKT) and KT, are rushing to establish IoT (Internet of Things) communications networks. The competition is expected to heighten with relaxed government regulations regarding these new types of networks. Although IoT features multiple-connected objects, the volume of data transferred between objects is relatively [...]