SEOUL, Aug. 12 (Korea Bizwire) — LG Electronics Inc. signed a deal Wednesday with local partners to develop 6G telecommunication technologies, the company said. South Korea’s No. 2 tech firm partnered with the Korea Research Institute of Standards and Science (KRISS), and the Korea Advanced Institute of Science and Technology (KAIST) to develop technologies for [...]
SEOUL, April 11 (Korea Bizwire) — South Korean telecommunication firms are expected to post weak earnings in the first quarter of the year, analysts here said, as 5G marketing costs still weigh down their bottom lines amid the novel coronavirus outbreak. The combined operating profit of the country’s three mobile operators — SK Telecom Co., [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korea’s telecommunication firms are turning to the business-to-business (B2B) industry to survive in the era of the Fourth Industrial Revolution, based on the realization that the business-to-consumer (B2C) area, where companies reap profits from mobile plans, is reaching its limit as almost all South Koreans now own a [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korea’s top three telecommunication firms said Friday they have joined hands to offer 5G services on subways in major cities. The three — SK Telecom Co., KT Corp. and LG Uplus Corp. — said they have recently completed setting up 5G infrastructure on the subway system in Gwangju, [...]
SEOUL, Nov. 30 (Korea Bizwire) — The new generation of 5G telecommunications technology is expected to dawn upon the nation come December 1. South Korea’s three major telecommunication operators will be initiating their 5G services in six major cities including the Seoul metropolitan area next month. The transmission speed of 5G is 20 times that [...]
PARIS, FRANCE, May 3 (Korea Bizwire) – Leading technology consortia the i3forum and the Open Visual Communications Consortium (OVCC) today announced a merger that extends i3forum’s focus and influence well beyond telecommunications providers, to enterprises and the broad array of vendors, systems integrators and other organizations working to meet their visual communications needs. The new [...]
SEOUL, Korea, May 2, 2014 (Korea Bizwire) — SK Telecom said on May 1 that it has launched four types of Bluetooth low energy (BLE) solutions and “Wizturn,” a service development platform. BLE beacons are small, low-power Bluetooth transmitters that repeatedly broadcast their presence to other nearby Bluetooth devices. The beacons are suited to organizations [...]
SEOUL, July 15 (Korea Bizwire) – Korea’s per-household communication expenses are third highest among Organization for Economic Cooperation and Development member countries. This is quite an opposite result from claims made by Korea’s telecom companies that the nation’s communications cost is lower than any other countries. According to the biennial OECD Communications Outlook 2013, [...]