SEOUL, Jan. 12 (Korea Bizwire) – With over 1 million smart speakers sold in South Korea, the battle for smart speakers is expected to intensify both at home and abroad this year. According to data from market analysis firm Strategy Analytics, the number of AI speakers released around the world during the third quarter of [...]
SEOUL, Jan. 10 (Korea Bizwire) – Facebook Inc. is willing to negotiate with South Korea’s telecommunications providers over sharing the cost of maintaining the speed of its data traffic services, the company’s vice president said Wednesday. Since 2016, the U.S. social networking giant has been in dispute with SK Broadband Co. and LG Uplus after refusing to pay for a cache server that [...]
SEOUL, Jan. 9 (Korea Bizwire) — The customary nod to the driver as one hops on the morning bus to work may soon be a thing of the past, as telecom giant KT had its application to road test a 45-seat driverless bus in Seoul approved by the Ministry of Land, Infrastructure and Transport. Making [...]
SEOUL, Jan. 5 (Korea Bizwire) — ICT Minister Yoo Young-min met with the heads of the country’s main mobile carriers Friday, asking for a joint effort to swiftly set up fifth-generation network technology. The Ministry of Science and ICT and the firms — SK Telecom Co., KT Corp. and LG Uplus Inc. — have plans [...]
PYEONGCHANG, Dec. 21 (Korea Bizwire) – A secluded town in Pyeongchang has been revamped as a ‘5G technology village’ where Olympics-goers from all over the world will be able to experience next-generation innovations. According to official PyeongChang Olympics sponsor KT, the world’s first village equipped with 5G networks opened in Daegwallyeong on Wednesday, in the presence [...]
SEOUL, Nov. 30 (Korea Bizwire) – What a difference a few weeks make. Earlier in the month, the iPhone 8′s launch event via mobile carrier KT brought out a grand total of one person who waited overnight for the release. With consumer sentiment towards the eighth iteration of the smartphone lukewarm for a number of [...]
SEOUL, Nov. 15 (Korea Bizwire) – KT is set to form a consortium between credit card companies for a connected car commerce project. The new initiative from the South Korean IT giant will see a number of credit card companies including Lotte Card, BC Card, Smartro and the energy company E1 work together to create a [...]
SEOUL, Nov. 15 (Korea Bizwire) – South Korean mobile virtual network operators (MVNO) are struggling to survive amid growing competition, with Homeplus set to pull out of the industry later this month. There are fears that Homeplus’s announcement that it was withdrawing its MVNO service Plus Mobile from next month will cause a chain reaction in [...]
SEOUL, Nov. 7 (Korea Bizwire) – The South Korean government has teamed up with telecom giant KT to introduce a new fine dust response service as part of its big data flagship project this year. The big data-based fine dust service project by the Ministry of Science and ICT, the National Information Society Agency and [...]
SEOUL, Nov. 2 (Korea Bizwire) – Only one person has turned up to wait overnight for mobile carrier KT’s special launch event of the iPhone 8 in South Korea, in contrast with its predecessors. A 27-year-old man Lee Gyu-min is the only person that has been waiting in line for KT’s iPhone 8 launch event [...]