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Samsung and LG to Raise Subsidies with iPhone 8 Launch Imminent

Samsung and LG to Raise Subsidies with iPhone 8 Launch Imminent

SEOUL, Oct. 22 (Korea Bizwire) – With the South Korean launch of the iPhone 8 looming, much attention is being paid to how Apple’s latest phone will affect the domestic mobile communication market in Korea. Some anticipate that cutthroat competition will come about surrounding the abolishment of upper limits on subsidies and the newly instituted 25 [...]

Telecoms Giants SKT, LG, KT Launch Samsung Galaxy Note 8

Telecoms Giants SKT, LG, KT Launch Samsung Galaxy Note 8

SEOUL, Sept. 16 (Korea Bizwire) – A group of uniform clad firefighters were present at 8 a.m. at SK Telecom’s main office building in Seoul on September 15. Decked out in their representative orange, the eight members of the Jungbu Fire Station were on site to receive special prizes and gifts as “winners” of an [...]

KT Joins Forces with Nokia to Further Develop 5G Mobile Network

KT Joins Forces with Nokia to Further Develop 5G Mobile Network

SEOUL, Aug. 25 (Korea Bizwire) — KT Corp., a South Korean broadband Internet and mobile phone company, said Friday it has joined forces with Nokia Corp. to further develop the technology for a commercial use of the fifth-generation (5G) mobile network. KT said its head Hwang Chang-kyu and his counterpart Nokia President and CEO Rajeev [...]

Seoul’s Seocho District to Open Artificial Intelligence Research Center in October

Seoul’s Seocho District to Open Artificial Intelligence Research Center in October

SEOUL, Aug. 21 (Korea Bizwire) – News broke on August 20 that an R&D center devoted to artificial intelligence (AI) research will open its doors this coming October in Seoul’s Seocho District. The facility will be housed on four floors at the Korean Federation of Teachers’ Associations building located in the Umyeon neighborhood. Major players [...]

Seoul’s Subway System Attracts International Plaudits

Seoul’s Subway System Attracts International Plaudits

SEOUL, July 31 (Korea Bizwire) – Seoul’s subway system continues to receive praise from international media outlets over a number of features including its efficient payment system and wide internet coverage. Seoul Metro said on Sunday that TripAdvisor, one of the largest international travel websites, recommended its users last year to take the subway if they [...]

Coca-Cola, KT Named Sustainability Partners for PyeongChang 2018

Coca-Cola, KT Named Sustainability Partners for PyeongChang 2018

SEOUL, July 17 (Korea Bizwire) – Coca-Cola and KT have been named the first sustainability partners for the 2018 PyeongChang Winter Olympics, the event’s organizers said Monday. The PyeongChang 2018 organizing committee noted that Coca-Cola is undertaking a water quality project in the PyeongChang area, and that KT, PyeongChang’s local telecommunications partner, is seeking to [...]