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Home IoT Services Surge in 2016

Home IoT Services Surge in 2016

SEOUL, Jan.11 (Korea Bizwire) – The three big telecom companies in Korea are set to launch various IoT (Internet of Things) services, expanding the market. According to an industry report, nearly 60 home IoT services will be launched during the first half of this year. SK Telecom launched a new brand called Smart Home in [...]

Cell Phone Vendors Prey on Customers with False Promises of Illegal Monetary Support

Cell Phone Vendors Prey on Customers with False Promises of Illegal Monetary Support

SEOUL, May 14 (Korea Bizwire) — As the Korean government has banned monetary incentives to customers buying cell phones, some bizarre stories about illegal offers are circulating around the web. Since all forms of monetary incentives are now illegal, some phone sellers are secretly providing cash support to buyers using secret code, such as 40 [...]

More Than 60,000 Turned Towards Discount Phone Services in January

More Than 60,000 Turned Towards Discount Phone Services in January

SEOUL, Feb. 3 (Korea Bizwire) – Koreans are on an exodus to the land of MVNO discount phone services, fleeing from mobile network operators such as SKT and KT. According to a report from the Korea Telecommunications Operators Association (KTOA) on February 2, the number of added net subscribers of MVNOs reached 64,500 in January alone, [...]

SK Telecom Starts Joint Research with Ericsson for 5G

SK Telecom Starts Joint Research with Ericsson for 5G

Seoul, Korea, Jul. 7 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it signed a MOU with Ericsson, a world leader in communications technology and services, at headquarters of Ericsson in Stockholm, Sweden for joint research for 5G-related technologies. In the MOU, SK Telecom and Ericsson agreed to cooperate in studying and developing core [...]

Samsung Launches World’s First Broadband LTE-A Smartphone

Samsung Launches World’s First Broadband LTE-A Smartphone

Seoul, Korea, Jun. 19 (Korea Bizwire) — Samsung Electronics announced the Galaxy S5 Broadband LTE-A, a new smartphone featuring an advanced multimedia experience and the fastest download, web browsing, multimedia streaming and application loading speeds. As the world’s first, commercially available Broadband LTE-A (Cat.6) smartphone, the Samsung Galaxy S5 Broadband LTE-A combines the technological innovations [...]

Korea’s Wireless Carriers Eye “Appcessories” and IoT in Search for New Growth Engine

Korea’s Wireless Carriers Eye “Appcessories” and IoT in Search for New Growth Engine

SEOUL, June 7 (Korea Bizwire) – Facing the limit of growth due to market saturation, the nation’s wireless carriers are seeking for new sources of revenue. SK Telecom, the leading wireless telecom operator in South Korea, is reportedly keen to step up its “appcessories” business. “Smart Beam,” a compact beam projector and its flagship brand [...]