SEOUL, July 29 (Korea Bizwire) – Though the South Korean government quashed SK Telecom’s attempt to take over CJ HelloVision, one of Korea’s leading telecommunications companies is still stepping up to shift its strategy to a ‘digital platform’. SK Telecom had proposed acquiring the nation’s largest cable TV operator, CJ HelloVision, and then merge it with [...]
SEOUL, May 10 (Korea Bizwire) – More than 19 million smartphone and other mobile device users in South Korea have adopted various types of “data plans” that offer unlimited talk and text services for free, reflecting a surge in mobile data traffic, industry officials said Monday. The big-three local firms — SK Telecom Co., KT [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korea’s market for mobile advertisements is expected to surpass the 1 trillion won (US$849 million) mark this year on the back of the country’s high smartphone penetration, data showed Friday. The market size is estimated to reach 1.05 trillion won this year, which will mark a 27.2 percent [...]
SEOUL, May 9 (Korea Bizwire) – SK Communications announced that it recorded 5.6 billion won of business loss and 7.4 billion won of net loss, with 23.8 billion won of total sales revenue in the first quarter. While it keeps incurring losses, its volume of operating loss decreased 46 percent to 5.6 billion won over [...]
SEOUL, Korea, April 25, 2014 (Korea Bizwire) – Domestic mobile application businesses started to buckle down and knock on the door of the American market. The companies which used to focus on pushing into Southeast Asian markets have changed their course and are steering their way to the United States. According to industry sources, IT [...]
SEOUL, Korea, April 14, 2014 (Korea Bizwire) – Computer games are no longer a child play but a serious moneymaking venture. Nah Dong-hyun, a 36-year-old former programmer with SK Communications, makes about 20 million won a month for game casting. Sometimes his monthly income goes up as high as 35 million won, depending on the [...]
Seoul, Korea, July 05 (Korea Bizwire) – SK Communications announced on July 5 that it has introduced a new feature on Nate Pann, its open-style bulletin board platform, allowing users to create personalized channels by entering keywords. The update is designed to broaden the range of discussion topics available to users. For instance, within the marriage category, [...]