SEOUL, Nov. 3 (Korea Bizwire) — KT Corp. and LG Uplus Corp., South Korea’s second- and third-largest mobile carriers, unveiled a deal Thursday to work together on commercializing the Internet of Things (IoT) technology. The IoT technology, which allows everyday appliances to link to the Internet, is seen as one of the major technological developments [...]
SEOUL, July 21 (Korea Bizwire) – The Green Consumer Network (GCN) pointed out Thursday that Korea’s Big Three telecommunications companies – SK Telecom, KT and LG Uplus – are racking up excessive retail profits by selling USIMs (Universal Subscriber Identity Module) via their own distribution networks. The GCN analyzed sales and pricing data for smartphone [...]
SEOUL, Jan. 14 (Korea Bizwire) – South Korea’s No. 3 mobile carrier LG Uplus Corp. said Thursday its sales of the Huawei Y6 smartphone reached 20,000 units this week, reflecting the country’s rising demand for budget handsets. The better-than-expected sales came around a month after the mobile carrier released the smartphone made by China-based Huawei [...]
SEOUL, Dec. 2 (Korea Bizwire) - South Korea’s No. 1 mobile carrier SK Telecom Co. vowed Wednesday to beef up its efforts to tap deeper into the media industry through the acquisition of the nation’s top cable operator, amid rising criticism from its rivals over the deal. In early November, SK Telecom struck a deal [...]
SEOUL, Oct. 26 (Korea Bizwire) – South Korea’s No. 3 mobile carrier LG Uplus Corp. said Monday it has rolled out pet-care devices equipped with Internet-of-Things (IoT) technology, allowing owners to feed their animals from long distance. The company said its Pet Station can provide meals to pets at pre-set times, allowing owners to leave [...]
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 [...]