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Government Committed to Slashing Phone Bills for Socially Marginalized

Government Committed to Slashing Phone Bills for Socially Marginalized

SEOUL, June 1 (Korea Bizwire) – The newly elected Moon Jae-in administration has reaffirmed its stance on cutting mobile phone bills for the socially marginalized in South Korea. In a business meeting with the Ministry of Science, ICT and Future Planning (MSIP) held today, Lee Gae-ho from the advisory committee for government planning said reducing [...]

Gov’t, Mobile Carriers Unite to Monitor Infectious Diseases

Gov’t, Mobile Carriers Unite to Monitor Infectious Diseases

SEOUL, Apr. 21 (Korea Bizwire) — South Korea’s health authorities and the nation’s three mobile carriers launched a collaboration Thursday to monitor and prevent the spread of infectious diseases. Under an agreement between the Korea Centers for Disease Control and Prevention (KCDC) and SK Telecom Co., KT Corp. and LG Uplus Corp., the authorities will [...]

Korea Establishes World’s First Nationwide IoT Network

Korea Establishes World’s First Nationwide IoT Network

SEOUL, July 5 (Korea Bizwire) – SK Telecom (SKT), Korea’s leading network operator, launched a nationwide Internet of Things network Monday that uses its LoRa (long-range) network exclusive to IoT communications. This is the first time for a country to establish an IoT-exclusive nationwide network with a single control center. With the new system, a wide [...]

SKT Unveils its AI Smart Home Robot, Vyo

SKT Unveils its AI Smart Home Robot, Vyo

SEOUL, June 13 (Korea Bizwire) – SK Telecom’s secret project has finally been revealed.  The Korean telecommunications giant worked with Guy Hoffman from Cornell University, a world-renowned robot scholar, to develop an AI smart home robot called Vyo. The project was made public via an international academic journal published by the IEEE (Institute of Electrical [...]

Telecommunications Companies Clash Over Market Dominance

Telecommunications Companies Clash Over Market Dominance

SEOUL, March 31 (Korea Bizwire) – The three major telecommunications companies clashing over SK Telecom’s purchase of CJ Hellovision are once again butting heads as they have different interpretations of the Broadcast Market Competition Assessment issued by the Korea Information Society Development Institute (KISDI). KT and LGU+ were concerned that the influence SK Telecom is casting [...]

Gov’t to Invest 1 Tln Won in Artificial Intelligence

Gov’t to Invest 1 Tln Won in Artificial Intelligence

SEOUL, March 17 (Korea Bizwire) – The South Korean government announced Thursday it would spend 1 trillion won (US$840 million) by 2020 to boost the artificial intelligence industry. It also plans to support the civilian-led establishment of a high-profile research center tasked with serving as a “pivot” of the nation’s research and development in the field. [...]