SEOUL, Feb. 14 (Korea Bizwire) — South Korea will launch cloud services using indigenous quantum computers and begin test flights of urban air mobility (UAM) vehicles in Seoul metropolitan areas this year, the finance ministry said Wednesday. They are part of the major projects that the government is pushing to nurture advanced technologies and spur [...]
SEOUL, Feb. 13 (Korea Bizwire) –According to a report by American market research company Polaris Market Research, the global telecommunications industry is set to witness a nearly tenfold increase in AI utilization, reaching $17.16 billion (approximately 22.82 trillion KRW) by 2032. This marks a significant growth from $1.82 billion (2.42 trillion KRW) recorded last year, [...]
SEOUL, Feb. 13 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that Samsung Research America (SRA), its research and development organization, has partnered with Princeton University in the United States to jointly develop next-generation 6G network technologies. Under the collaboration, SRA will become a founding member of Princeton University’s “NextG Initiative Corporate Affiliates Program,” aiming [...]
SEOUL, Jan. 31 (Korea Bizwire) — A local consortium was selected as the new operator of the 28 gigahertz (GHz) band of the fifth-generation network (5G) in South Korea on Wednesday, the science ministry said, becoming the country’s fourth mobile carrier. Stage X, a consortium of Stage Five, a communications affiliate of tech giant Kakao [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s Ministry of Science and ICT will kick off the bidding process for the 28 gigahertz spectrum Thursday, aimed at establishing the country’s fourth official mobile carrier. Three companies — Sejong Telecom Inc., Stage X Co. and My Mobile Consortium — will participate in the auction for the [...]
SEOUL, Dec. 26 (Korea Bizwire) – As the 2024 Consumer Electronics Show (CES) — the premier global event in IT and consumer electronics — draws near, the South Korean telecommunications sector is actively preparing to delve into fresh opportunities within the realms of artificial intelligence (AI) and mobility technology. On December 25, SK Telecom announced it [...]
SEOUL, Dec. 25 (Korea Bizwire) – In response to a downward trend in traditional TV viewership, South Korea’s IPTV industry is shifting towards highly personalized Artificial Intelligence (AI)-driven services. One particularly notable strategy involves integrating content and shopping, allowing viewers to immediately purchase products featured on-screen. SK Broadband has transformed its existing B tv into [...]
SEOUL, Dec. 19 (Korea Bizwire) – In a landmark decision that has reignited a long-standing controversy, Twitch, the internet broadcasting platform owned by U.S. e-commerce giant Amazon.com, has announced its withdrawal from the South Korean market. This move has brought the debate over network usage fees back into the spotlight, highlighting a growing international dispute over [...]
SEOUL, Dec. 5 (Korea Bizwire) – Fifth generation (5G) networks are available on all intra-city buses operating across South Korea as part of the government’s effort to help bus passengers use the internet more conveniently, the science ministry said Tuesday. The free WiFi service on 29,100 intra-city buses in the country has been improved to [...]
SEOUL, Nov. 29 (Korea Bizwire) — KT SAT Co., the satellite service arm of local telecom giant KT Corp., said Wednesday it plans to introduce Starlink, satellite internet service developed by U.S. space firm SpaceX, in South Korea. The service will be first adopted for the mobility industry, in particular, marine communications, where a stable [...]