SEOUL, Sept. 4 (Korea Bizwire) – LG Plus, Korea’s third-largest mobile carrier, will offer approximately 44,000 receive-only mobile phones to all military camps in Korea for free. According to the Ministry of National Defense, the smallest mobile carrier was selected as the licensee for its project to deploy receive-only phones to military barracks as part of [...]
SEOUL, Sep. 1 (Korea Bizwire) – With the rapid supply of high-tech smartphones, expensive costs and a drop in carrier subsidies, the domestic secondhand mobile phone market is estimated to have grown by an average of 10 million phones per year. According to a report issued by Gallup Korea, only 4 out of 10 individuals [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Thursday unveiled what it claims is the industry’s first IPTV set top box-embedded PC allowing users to reduce space and enjoy various multimedia contents. Developed under collaboration with local tech firm LG Electronics Inc., the device allows users to switch [...]
SEOUL, Aug. 25 (Korea Bizwire) – KT, Korea’s second largest mobile carrier, today launched the “GiGA IoT Alliance,” an open consortium for Internet of Things (IoT) related industries, which will support brainstorming ideas for startups, commercializing the ideas, and promoting them overseas. The GiGA IoT Alliance, Korea’s largest IoT consortium, is composed of approximately 100 [...]
SEOUL, July 13 (Korea Bizwire) – Korean mobile carriers have seen an increase in voice phone calls after they introduced data-oriented rate plans. However, the increased phone calls are not expected to affect their revenue negatively, industry watchers have said. According to telecom industry analysts, the top three mobile carriers including SK Telecom, KT and LG [...]
Seoul, July 9 (Korea Bizwire) – Attendance is checked automatically when you enter a classroom. When you pass a grocery store, you receive a text message including electronic coupons. In a foreign country, you can receive information without a sightseeing guide. With the adoption of ‘beacons’ – near field communication devices – smartphone users can [...]
SEOUL, July 8 (Korea Bizwire) – Nearly 4 in 5 people in South Korea own a smartphone, making it the country with the fourth-highest smartphone penetration rate in the world, industry data showed Wednesday. Asia’s fourth-largest economy saw its smartphone penetration rate reach 83 percent as of end-March, according to the data compiled by Digieco, [...]
HADONG, Jul. 7 (Korea Bizwire) — A safety drone that can detect human thermal energy to locate individuals in danger flew over Cheonghak-dong, one of Korea’s traditional villages, on July 6. The 20 million won (US$ 17,730) drone was donated by telecommunications carrier KT to this village full of traditional scholars and institutions, as part [...]
SEOUL, June 26 (Korea Bizwire) – As the Middle East Respiratory Syndrome (MERS) virus and drought devastate the local economy, Korean companies and local government bodies are implementing various measures to boost the economy. On June 25, Hyundai Motor, the largest automaker in Korea, decided to offer a grace period of three months to those who [...]
SEOUL, June 15 (Korea Bizwire) — KT, South Korea’s No. 2 mobile carrier, said Monday it has created a new mobile network that offers gigabyte (GB) speed to customers, as it takes a step closer to the next-generation 5G network. The Giga-LTE service can achieve a peak speed of 1.17 gigabytes per second (Gbps), 15 [...]