PYEONGCHANG, South Korea, March 14 (Korea Bizwire) – KT Corp., South Korea’s biggest Internet service provider, plans to offer a trial service of its fifth-generation (5G) mobile network via self-driving buses and drone deliveries at next year’s Winter Olympics, company officials said Tuesday. KT is gearing up for the 5G trial service as PyeongChang will [...]
SEOUL, Feb. 14 (Korea Bizwire) – South Korean telecommunications company KT Corp. announced Tuesday that it had signed a memorandum of understanding with M3DICINE to incorporate KT’s digital health solutions with the Australian company’s mobile stethoscope as part of a global healthcare project. Founded in 2015, M3DICINE is planning the commercial launch of Stethee, a [...]
SEOUL, Jan. 18 (Korea Bizwire) – Korea’s big three telecommunication companies – SK Telecom, KT Corp., and LG Uplus – are set to wage battle over the next big thing in the tech industry – artificial intelligence. SK Telecom began its AI endeavor with NUGU, an AI speaker that connects with smartphones to carry out [...]
SEOUL, Jan. 16 (Korea Bizwire) – KT Corp. opened Monday GiGA VR Experience Zones at KT Square in Gwanghwamun and the Hologram Performance Hall at Lotte FitIn Dongdaemun. Each of the zones offer three types of VR experiences. The first is VR Rolling Sky, a moving ride that explores tourist attractions in Seoul and Pyeongchang [...]
SEOUL, Dec. 27 (Korea Bizwire) – LG Group and KT Corp. on Tuesday announced their withdrawal of membership from the Federation of Korean Industries (FKI), becoming two of the first major conglomerates to do so following the influence-peddling scandal involving President Park Geun-hye and her close friend Choi Soon-sil. The announcements came after the FKI, [...]
SEOUL, Dec. 21 (Korea Bizwire) – South Korea’s health authorities and one of the nation’s three mobile carriers launched a collaboration on Wednesday to monitor and further prevent the spread of infectious diseases. Under an agreement between the Korea Centers for Disease Control and Prevention (KCDC) and LG Uplus Co., the authorities will provide information [...]
SEOUL, Dec. 14 (Korea Bizwire) – South Korea’s financial authorities on Wednesday approved a plan to establish the country’s first online-only bank, opening a new chapter in its banking history. It would mark the first time here in 24 years for a brand-new bank to be born, according to the Financial Services Commission (FSC). The [...]
SEOUL, Dec. 13 (Korea Bizwire) – KT Corp., a South Korean broadband Internet and mobile carrier, said Tuesday that it will complete building a network for the fifth-generation network (5G) by September to provide a trial service of the technology at the 2018 Winter Olympics. Under the plan, KT will install the network in PyeongChang, [...]
SEOUL, Dec. 9 (Korea Bizwire) – The global standard for ultra-fast fifth-generation (5G) mobile networks, which is being developed by the International Telecommunication Union (ITU), includes KT Corp.’s homegrown network management technology, the company said Friday. The decision to include KT’s technology in the 5G standard was made at a meeting of the ITU in [...]
SEOUL, July 8 (Korea Bizwire) – KT Corp., South Korea’s second-largest mobile carrier by sales, said Friday it has set up networks for Wi-Fi connections in 20 of the Navy’s submarines to allow sailors access to the internet. The Wi-Fi networks will help Navy soldiers aboard submarines participate in online information communication technology education programs [...]