SEOUL, Sept. 11 (Korea Bizwire) — Paris Croissant Co., the operator of South Korea’s leading bakery chain, Paris Baguette, said Tuesday that it launched a test operation of robots at its outlets as local retailers accelerate their push for automation. According to the company, seven Paris Baguette outlets in Seoul began the two-month trial run [...]
SEOUL, Jun. 21 (Korea Bizwire) — LG Uplus Corp. said Thursday it will release a new fan equipped with the Internet-of-Things (IoT) technology under cooperation with Shinil Industrial Co., a local appliance manufacturer. LG Uplus said the new IoT fan will connect to its “IoT@home” application, allowing users to easily activate and control the product. [...]
SEOUL, April 13 (Korea Bizwire) — While South Korea’s three big mobile carriers SK Telecom, KT and LG Uplus have trimmed weekly hours and are introducing various working arrangements for greater work-life balance, those on the front lines of the mobile industry are still struggling to do likewise. Double digit working hours are the norm, [...]
SEOUL, March 27 (Korea Bizwire) — The arrival of baseball season has South Korean mobile carriers SK Telecom, KT and LG Uplus gearing up their marketing efforts employing cutting edge technology such as IoT, fifth-generation wireless networks (5G) and augmented reality to win the hearts of fans. With cumulative attendance figures of over 8 million [...]
SEOUL, March 14 (Korea Bizwire) — The number of people who subscribed for new mobile phone discount fees surpassed the 10 million-mark in six months, the ICT ministry said Wednesday. In September 2017, the discount rate of monthly mobile phone plans provided by the three telecom firms — SK Telecom Co., KT Corp. and LG [...]
SEOUL, Jan. 25 (Korea Bizwire) – Not all drones fly, as telecom operator LG Uplus proved on the waters of coastal Busan on January 25 by showcasing its “smart drone management service”. Onlookers got a firsthand look at the full spectrum of capabilities offered by LG Uplus’s marine drone. Departing from land and traveling approximately [...]
SEOUL, Jan. 19 (Korea Bizwire) – Mergers and acquisitions are heating up in South Korea’s information technology industry this year. With the Fourth Industrial Revolution on the horizon, IT industry leaders like Kakao and SKT are poised to expand their presence by merging with companies in the content industry. According to industry sources, Kakao recently issued [...]
SEOUL, Jan. 18 (Korea Bizwire) — With the three major telecom operators SK Telecom, KT and LG Uplus closing the gap in affordable pricing for phones and rate plans since last September, South Korea’s mobile virtual network operators (MVNO) are increasingly losing customers while simultaneously failing to attract new users. Unlike the triumvirate of traditional [...]
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 [...]
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 [...]