SEOUL, Sept. 10 (Korea Bizwire)–The number of SK Telecom customers that selected a 20 percent discount for their monthly charges instead of financial support for a new device has exceeded one million. The ‘Discount Equal to Financial Support’ is a system that provides a discount on communications fees for new customers who don’t receive financial [...]
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, Sept. 4 (Korea Bizwire) – LG Plus, Korea’s third-largest mobile carrier, will offer approximately 44,000 receive-only mobile phones to all military camps in Korea for free. According to the Ministry of National Defense, the smallest mobile carrier was selected as the licensee for its project to deploy receive-only phones to military barracks as part of [...]
SEOUL, Aug. 31 (Korea Bizwire) — Foreign investors dumped shares of Samsung Electronics and SK hynix during their recent selling spree sparked by China’s stock rout and uncertainty over a U.S. rate hike, data showed Monday. Offshore investors unloaded 751.3 billion won (US$635.4 million) worth of Samsung Electronics shares between Aug. 5 and Friday, lowering their [...]
SEOUL, Aug. 26 (Korea Bizwire) – SK Telink, the international carrier services division of SK Telecom, announced that it had successfully demonstrated high quality voice international call technology (VoLTE) based on an LTE network. VoLTE stands out as the highest quality voice service, offering low-frequency LTE spectrum usage, enabling network efficiency and reduced operational expenditure [...]
SEOUL, Aug. 26 (Korea Bizwire) – South Korea’s leading online shopping site Interpark said Wednesday it has joined forces with the nation’s top mobile carrier and several other firms to win regulatory approval for running an Internet-only bank. Interpark said its consortium includes SK Telecom, the state-run Industrial Bank of Korea, GS Home Shopping and four [...]
SEOUL, July 29 (Korea Bizwire) --A new era in which people rent cell phones could start as early as this fall. In order to offer users as many choices as possible, SK Telecom announced that they are looking into starting a cell phone rental service. Since new products are expected to be launched starting next month, [...]
SEOUL, July 29 (Korea Bizwire) – South Korea’s mobile phone makers are breaking away from their premium-oriented smartphone lineups to churn out cheaper phones as consumers are more price-conscious due to tougher subsidy rules, industry watchers said Wednesday. Samsung Electronics recently rolled out its latest mid-end phone, the Galaxy A8, at an about 20 percent [...]
SEOUL, July 23 (Korea Bizwire) — Personal data of over 43 million citizens, which accounts for about 90 percent of South Korea’s total population, was leaked to a multinational statistics company, prosecutors said Thursday. A joint team of prosecutors and government officials said 24 people from a medical program development firm, only identified by the [...]
Seoul, July 23 (Korea Bizwire) – A conference gauging the progress of augmented reality (AR) and virtual reality (VR) technologies, which are receiving attention as the multimedia services of the future, was held on July 22. SK Telecom hosted a forum to discuss the present and future of immersive multimedia services such as augmented reality and virtual reality. [...]