SEOUL, Sept. 12 (Korea Bizwire) — South Korea’s major telecom companies are beefing up their education content to ride on a trend of remote learning amid the novel coronavirus pandemic, industry insiders said Saturday, as they release services using advanced IT solutions. The resurgence of COVID-19 has forced schools to suspend in-person classes. In the [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korean telecom operators are expanding collaborations to develop robot-based services that counter the COVID-19 pandemic, industry officials said Thursday, as businesses and establishments seek to limit face-to-face contact to reduce the risk of infection. LG Uplus Corp., the country’s No. 3 mobile carrier, said it has partnered with [...]
SEOUL, Aug. 28 (Korea Bizwire) — South Korea’s three major telecom operators are strengthening video streaming services, industry officials said Friday, as online media consumption grows amid the COVID-19 pandemic. The telecom firms — SK Telecom Co., KT Corp. and LG Uplus Corp. — have focused on boosting their over-the-top (OTT) media services or expanding [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s major telecom operators are expanding cooperation with financial firms for data-based services, industry officials said Friday, as they seek new businesses based on their troves of user data after changes to the country’s data privacy laws. Earlier this month, amendments to the Personal Information Protection Act came [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korean telecom operators are launching new online entertainment services from cloud gaming to augmented reality (AR), industry insiders said Thursday, opening new fronts for 5G user growth amid the COVID-19 pandemic. As the coronavirus outbreak limits outdoor activities, online content consumption has boomed. Telecom operators are banking on [...]
SEOUL, Aug. 5 (Korea Bizwire) — The 5G network services in South Korea have been poorer than expected, with their download speeds and connection far lower than what telecom operators have claimed, an assessment report showed Wednesday. South Korea was the first country to commercialize 5G in April last year, boasting of low latency and [...]
SEOUL, Aug. 3 (Korea Bizwire) — South Korean telecom companies are ramping up moves to improve their videoconference services to meet rising demand amid the COVID-19 pandemic, which has spurred a telework trend here, industry insiders said Monday. Global videoconference and work collaboration software, such as Zoom and Microsoft Corp.’s Teams, have recently surged in [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s major telecom firms are expanding artificial intelligence (AI)-based services ranging from mobility to factory operations, industry insiders said Wednesday, as they search for new growth engines beyond the mobile communications business. Last month, LG Uplus Corp. joined an AI research alliance that includes its local rival KT [...]
SEOUL, July 23 (Korea Bizwire) — South Korea’s three major telecom operators said Thursday that they completed establishment of 5G networks on nine subway lines across the country as they look to accelerate the rollout of the latest generation network amid the government’s digital New Deal drive. SK Telecom Co., KT Corp. and LG Uplus [...]
SEOUL, July 18 (Korea Bizwire) — South Korea’s major telecom operators are lending hands to the country’s digital New Deal stimulus projects by expanding their investment in public infrastructure. Early this week, the country announced a set of ambitious stimulus measures amounting to 160 trillion won (US$132 billion). Under the digital New Deal initiative, 58.2 [...]