SEOUL, Dec. 11 (Korea Bizwire) — Major South Korean telecom companies are reshuffling their staff with a focus shift to more profitable and long-term projects such as 5G and AI. According to sources close to the mobile industry, SK Telecom has reorganized seven of its departments and prioritized units dealing with up-and-coming and next-generation services such [...]
SEOUL, Nov. 7 (Korea Bizwire) – SK Telecom Co. said Tuesday it has developed data processing technology for the fifth-generation (5G) network that is capable of handling data 10 times faster than the long-term evolution (LTE) network. The mobile carrier said the technology allows a packet switched network to process massive amounts of data at [...]
SEOUL, Oct. 31 (Korea Bizwire) — South Korea’s three major mobile carriers are scaling back promotional benefits for the launch of iPhone 8 smartphones later this week, industry sources said Tuesday, amid subdued interest for the handset. U.S. tech giant Apple Inc. has said it will start sales of the iPhone 8 in South Korea [...]
SEOUL, Oct. 27 (Korea Bizwire) – Three major South Korean mobile carriers, SK, KT, and LG Uplus, began preorders for the iPhone 8 on Friday ahead of the official release date next month. With some branding the sales performance in countries where the new iPhone was already released as ‘below expectations’, industry experts believe the [...]
SEOUL, Oct. 23 (Korea Bizwire) — The market of fifth-generation network services in South Korea will reach some 35 trillion won (US$31 billion) in 2025, as the faster network technology is anticipated to be used in many areas from mobile phone networks to smart homes and connected cars, industry data showed Sunday. According to the [...]
SEOUL, Sept. 16 (Korea Bizwire) – A group of uniform clad firefighters were present at 8 a.m. at SK Telecom’s main office building in Seoul on September 15. Decked out in their representative orange, the eight members of the Jungbu Fire Station were on site to receive special prizes and gifts as “winners” of an [...]
SEOUL, July 31 (Korea Bizwire) – Seoul’s subway system continues to receive praise from international media outlets over a number of features including its efficient payment system and wide internet coverage. Seoul Metro said on Sunday that TripAdvisor, one of the largest international travel websites, recommended its users last year to take the subway if they [...]
SEOUL, Jun. 24 (Korea Bizwire) — When it comes to cell phone bills in South Korea, the overwhelming public sentiment is that people think they are paying too much at the moment. The row between the government and telecom companies over efforts to reduce phone bills in recent years mirrors the frustration very palpable in a [...]
SEOUL, June 22 (Korea Bizwire) – Major South Korean telecom providers, namely KT, SKT and LG U Plus, have been finding themselves embroiled in a series of controversies in recent weeks, as pressure from the government and public to cut mobile phone bills continues to grow. In recent weeks, the Moon administration, emboldened by overwhelming [...]
SEOUL, June 19 (Korea Bizwire) – South Korea’s mobile carriers are keeping a watchful eye on possible moves by the government to cut subscription costs for telecom services that will impact their earnings, industry watchers said Sunday. The Ministry of Science, ICT, and Future Planning will hold a session with the State Affairs Planning Advisory [...]