SEOUL, Sept. 27 (Korea Bizwire) – South Korea’s three mobile carriers are estimated to have posted an improved ratio of operating income to total revenue in the third quarter, industry sources said Sunday, as the firms reduced marketing expenditures. The combined sales posted by SK Telecom Co., KT Corp. and LG Uplus Corp. are estimated [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom said Wednesday it has agreed to cooperate with Samsung Electro-Mechanics on a power-efficient network technology utilized for Internet of Things (IoT) products. Under the deal, SK Telecom and Samsung will develop the Low Power Wide Area Networks (LPWAN) technology, which allows long-range communication with less energy [...]
SEOUL, Sept. 22 (Korea Bizwire) — South Korea’s No. 3 mobile carrier LG Uplus Corp. said Tuesday it plans to establish what it calls an open-based Internet of Things (IoT) ecosystem in partnership with domestic and foreign firms, as the industry continues to rise as the new battleground for mobile carriers. LG Uplus said it [...]
SEOUL, Sept. 9 (Korea Bizwire) — South Korea’s No. 3 mobile carrier, LG Uplus Corp., said Wednesday it would work together with U.S. tech giant Qualcomm Inc. to support local startups, especially for those with business projects related to the Internet of Things (IoT) industry. Under the move, LG Uplus and Qualcomm will chip in [...]
SEOUL, Sept. 8 (Korea Bizwire) – In order to succeed in the IoT (Internet of Things) market, which is the blue chip of the ICT (Information and Communications Technology) industry, many companies are seeking a symbiotic relationship instead of a competitive one. Home electronics companies and telecommunications companies that provide a formless platform are entering the [...]
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, Jun. 16 (Korea Bizwire) – LG Uplus is set to exempt its customers in isolation for or under treatment for the MERS virus from paying their phone charges for the month of June. The company will also provide customers with unlimited data usage for the month, according to an announcement on June 15. The company [...]
SEOUL, Jun. 9 (Korea Bizwire) — LG Uplus is set to provide a cell-phone position tracking service to help the Korean government locate the whereabouts of individuals suspected to have the MERS virus, as health authorities are determined to mobilize all measures to contact and manage individuals under suspicion. According to the Ministry of Health [...]
SEOUL, June 4 (Korea Bizwire) – Most of the major Korean IT companies use little renewable energy while consuming significant amounts of power, says Greenpeace. According to a report released by the international environmental advocacy group in June, the seven major IT companies in Korea including Naver, SK C&C, KT, LG CNS, LG Uplus, Samsung [...]
SEOUL, June 3 (Korea Bizwire) — South Korean mobile carriers said Wednesday they have opened a unified app store for their smartphone users, as part of an effort to bolster their presence in the growing app content sector dominated by two app giants: Google and Apple. The One Store is a consolidated mobile version of [...]