SEOUL, March 25 (Korea Bizwire) — South Korea plans to invest more than 20 trillion won (US$16.4 billion) in data, network and artificial intelligence (AI) sectors over the next three years in a bid to help nurture future-oriented industries, the finance minister said Friday. Along with fiscal spending, the government plans to provide support for [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korean information and communications technology (CT) companies are diversifying networks for customer service and businesses to protect themselves from network failures. The operator of the mobile financial transaction application Toss plans to duplex its intra-network next week by joining an additional mobile carrier, following an hour-long internet blackout caused [...]
SEOUL, Oct. 19 (Korea Bizwire) – The average accessibility of the fifth-generation network in major subway lines in South Korea reached over 75 percent, a lawmaker said Monday, as the country races to boost nationwide coverage. The high-speed network’s accessibility stood at 76.3 percent across 12 subways lines in six major cities across the country, [...]
BANGALORE, India and PUNE, India, March 3 (Korea Bizwire) – Juniper Networks, a leader in secure, AI-driven networks, today announced that it has been selected by the Dr. D.Y. Patil Hospital & Research Centre in Pune, one of Asia’s leading medical institutes1, for its network upgrade. This will greatly simplify the hospital’s network configuration, management and maintenance and [...]
SEOUL, Aug. 8 (Korea Bizwire) — The three major mobile carriers in South Korea are scrambling to install indoor telecommunications equipment to enable the use of 5G networks in buildings later this year. Since becoming the world’s first to successfully commercialize 5G services, the three mobile carriers have been focusing on expanding the network to [...]
SEOUL, Jan. 22 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday it will complete building its 5G infrastructure in major cities by the end of 2019 to get ahead in the next-generation wireless network market. Following the launch of the world’s first 5G network with SK Telecom Co. and [...]
SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s fixed-line operator SK Broadband Inc. said Monday that it is pushing to increase its network capacity to deal with the growing number of people using services offered by U.S. video streaming platform Netflix. The company is planning to increase its data transfer speed for high-speed networks to [...]
SAN MATEO, Calif., Jan. 16 (Korea Bizwire) — Aryaka®, announced today the appointment of several new executive hires to the company’s leadership team, including Karen Freitag (Chief Revenue Officer), Michelle Owczarzak (Chief Transformation Officer), and Shashi Kiran (Chief Marketing Officer). “Connectivity is the lifeblood of the global enterprise and Aryaka is the industry benchmark for [...]
SEOUL, Jan. 9 (Korea Bizwire) — Android smartphone makers are poised to launch 5G-based models in 2019, but the production volume is only expected to reach 5 million units this year, a report predicted Wednesday. Major smartphone makers, such as Samsung Electronics Co. and Huawei, have actively invested in the development of 5G devices to [...]
SEOUL, Nov. 30 (Korea Bizwire) — A bill that obligates mobile service providers to compensate for network errors passed the Science, ICT, Broadcasting, and Communications Committee at the National Assembly on Thursday. The news comes after KT Corp.’s Ahyeon Branch Office in Seoul recently caught fire, shutting down mobile and Internet network traffic in the [...]