SEOUL, June 17 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications firm, said Wednesday it has joined hands with the country’s top real estate investor to seek internet data center (IDC) business opportunities in Uzbekistan. Under the partnership with Igis Asset Management Co., KT will provide its know-how and technology solutions in the IDC [...]
SEOUL, June 16 (Korea Bizwire) — KT Corp., a major South Korean telecommunications firm, on Tuesday said it will acquire a 10 percent stake in a robotics unit of shipbuilding giant Hyundai Heavy Industries Group to enhance its competitiveness in smart factory and robot solutions. KT said it will acquire the stake in Hyundai Robotics [...]
SEOUL, June 10 (Korea Bizwire) — A new artificial intelligence (AI) solution will soon be made available to help diabetics monitor their food consumption. KT Corp., South Korea’s leading telecommunication firm, concluded a memorandum of understanding on Tuesday with Huray Positive, a digital healthcare service provider, and Wonju Severance Christian Hospital to develop medical data-based [...]
SEOUL, May 25 (Korea Bizwire) — KT Corp., a major South Korean telecommunication company, said Sunday that it has applied 5G self-driving carts to the operation of its logistics center for the first time in the industry in a bid to streamline processes at logistics centers that supply handsets to each agency and others. The [...]
SEOUL, May 17 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunication firm, said Sunday it will conduct a research project on epidemic prevention with financial support from the Bill & Melinda Gates Foundation. A South Korean consortium led by KT will carry out the project named “A Next Generation Surveillance Study for Epidemic Preparedness,” [...]
SEOUL, May 12 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications firm, said Tuesday it has joined hands with Hyundai Construction Equipment Co. to develop 5G-based remote control platform for construction equipment and industrial trucks. Under the memorandum of understanding (MOU), the two sides will collaborate in developing various technologies for the builder’s autonomous [...]
SEOUL, April 24 (Korea Bizwire) — A group of hearing-impaired individuals filed a petition with a human rights watchdog against telecom giant KT Corp.’s campaign to restore the voices of the deaf with artificial intelligence (AI) technology, claiming that it “damages the value of sign language.” Members of a civic group held a press conference [...]
SEOUL, Feb. 14 (Korea Bizwire) — Two rival internet protocol television (IPTV) operators in South Korea said Friday they have joined hands to develop advanced TV advertisement solutions. KT Corp. and SK Broadband Co. said they agreed to collaborate in the field of addressable TV advertising technologies that can help advertisers to selectively segment TV [...]
SEOUL, Feb. 6 (Korea Bizwire) – KT Corp., South Korea’s major telecommunication firm, said Thursday its net profit fell 12.2 percent last year from a year earlier as it ramped up spending on its network and marketing. In a regulatory filing, KT reported a net income of 669.3 billion won (US$ 565.7 million) last year, [...]
SEOUL, Jan. 20 (Korea Bizwire) — KT Corp., South Korea’s major telecommunications firm, said Monday it has developed a 5G-powered medical service with a Seoul hospital to provide better patient care. KT said it built a 5G network at the Samsung Medical Center (SMC) and successfully applied its 5G technology to medical practices last week. [...]