Search result for KT
In the artificial intelligence (AI) market, Korean IT giants compete with global tech titans.
Naver, Kakao, LG, SK Telecom, KT, and other IT firms in South Korea are aggressively launching or planning to launch generative AI services to combat the growing influence of ChatGPT and other AI services introduced by global tech giants.
Local services can outperform those of ChatGPT p...
The Korean government wants to make the telecoms market there more competitive.
The three telecom companies in Korea, SK telecom, KT, and LG Uplus, have all been monopolies for more than 20 years. To change this system, the Korean government will lower the fee for giving a new operator a frequency allocation and give the new operator help, such as loans of up to 400 billion ...
SAMSUNG & KT LAUNCH SOUTH KOREA’S FIRST COMMERCIAL 5G SA NETWORK
Highlights
• After this announcement, these two companies have been prepping up for the 5G SA launch via multiple tests and trials in KT’s major offices and in urban areas
Samsung Electronics and KT Corporation (KT) have jointly launched South Korea’s first co...
S. KOREA SAW AN INCREASE IN 5G USERS BY 14 MILLION IN APRIL
Highlights –
- S. Korea saw an increase in 5G users by 14 million in April.
- SK Telecom Co. reported the most 5G subscribers at 6.74 million in April.
- 4G subscriptions declined to stand at 51.18 million in April.
- Some unsatisf...
FOREIGN TOURISTS VISIT IN S. KOREA FALLS IN A MONTHLY AVERAGE IN 2020
Highlights –
- Foreign tourists visit in S. Korea falls in a monthly average in 2020.
- KTO reported foreign travellers to be only 9,722 per month from April to December last year.
- In 2020, visitors from China averaged 340 a month in the...
SPOTIFY - KAKAO M’S LICENSE DEAL EXPIRES; MAJOR K-POP ARTISTS’ SONGS REMOVED
Highlights –
- Spotify – Kakao M’s license deal expires; major k-pop artists’ songs removed.
- Major South Korean artists’ including IU and Apink songs removed.
- Spotify is said to have faced heated competition agai...
S. KOREA OFFERS FREE VIDEO CALLS DURING THE LUNAR NEW YEAR HOLIDAY
Highlights –
- S. Korea offers free video calls during the Lunar New Year holiday.
- The ICT ministry gave the order to encourage virtual family meetings amid pandemic.
- SK Telecom Co., KT Corp., and LG Uplus Corp. agreed to not charge fo...
KT CORP. SHOWS AN INCREASE IN NET PROFIT IN Q4 BY $35 MILLION
Highlights –
- KT Corp. shows an increase in net profit in Q4 by $35 million.
- The expansion in net profit was mostly due to growing 5G users.
- The company’s operating income rose 6.4 percent on-year.
- In 2021, the company...
S. KOREAN TELECOM COMPANIES TO EXPAND SERVICES WITH AI TECHNOLOGY
Highlights –
- S. Korean telecom companies to expand services with AI technology.
- KT Corp. will work with Hyundai Home Shopping Network Corp. to establish an AI call center.
- SK Telecom Co. has commercialized a cloud-based customer conta...
S. KOREAN LG UPLUS CORP. TO STOP 2G SERVICES BY THE END OF JUNE 2021
Highlights –
- S. Korean LG Uplus Corp. to stop 2G services by the end of June 2021.
- The telecom operator has submitted its application to the government.
- The country’s telecom operator SK Telecom Co. had shut down its 2G services...
LG UPLUS GAINS FASTEST DOWNLOAD SPEED AMONGST SOUTH KOREAN MOBILE CARRIERS
- LG Uplus Corp., a chief South Korean telecom operator, has the fastest 5G download speed among South Korean mobile carriers, so revealed a report.
- The mobile carrier's average 5G download speed in Seoul hovered around 476.5 megabits per second (Mbps).
This...
ONLINE DANCE COMPETITION PROMOTING KOREAN TOURISM TO LIVESTREAM ON SATURDAY
- The Ministry of Culture, Sports and Tourism will conduct the final round of its IYKoongChallenge online dance competition Saturday in company of the Korean Tourism Organization.
- The event will be livestreamed in real time through the KTO’s YouTube (www.youtube.com/Imagine...
SPECTRUM PRICE WAR BETWEEN GOVERNMENT AND MOBILE CARRIERS
- South Korea's three principal telecom operators on Tuesday appealed to the government to hold an auction to reallocate their network spectrum set to expire next year amid controversy over prices.
- Spectrum for 2G, 3G and 4G LTE networks held by the three chief carriers -- SK...
KOREA’S INGENUITY HAILED BY INDUSTRY STALWARTS IN DRIVING HI-SPEED 5G NETWORKS
- Global stalwarts from around the globe and industry officials acknowledged the supremacy of South Korea’s 5G network technologies at an online seminar hosted by SK Telecom on Wednesday.
- Korea’s 5G achievements hold privileged position in the world, said Alex Choi, v...
SOUTH KOREA TOURISM TAKES A BIG HIT WITH COLLAPSING REVENUES
- In the second quarter of this year, South Korea's tourism revenue plummeted to a 17-year low as a result of the novel coronavirus pandemic, government data Monday on revealed.
- The Korea Tourist Organization (KTO) announced the US $1.19 billion in tourism revenue for the Apr...
KOREAN NEW DEAL ENTHUSES W 500 BILLION INFUSIONS INTO AI AND BIG DATA PROJECTS
- The Ministry of Science and ICT declared Wednesday that it would infuse 499 billion won ($420.6 million) of associated budget this year to bolster artificial intelligence AI and big data-powered businesses as part of the Korean New Deal.
- The budget will be provided to a bevy of...
KTO PARTNERS WITH CHINESE AGENCY
HIGHLIGHTS
- KTO has partnered with Ctrip to promote and sell tourism products in South Korea.
- At “Super Boss Live Show,” KTO promoted many tourism packages.
The Korea Tourism Organization (KTO), South Korea's state-run...
UNMANNED STORES BEING DEVELOPED SOUTH KOREAN TELCOS
HIGHLIGHTS
- Due to the infection caused by coronavirus, social distancing is necessary.
- Telco companies in South Korea are planning to offer unmanned services at their stores.
Due to the crisis caused by coronavirus, social distancing...
DOCDOC WILL START DOCTOR DISCOVERY SERVICE IN CHINA
Highlights:
- DocDoc partnered with Kaitaiming Technology (KTM) to offer its doctor discovery services to the policyholders of insurance companies on KTM’s platform.
- The DocDoc will be the only supplier of doctor discovery services to KTM. ...
KT CORP. TO DEVELOP AN APP WHICH CAN DETECT INFECTIOUS DISEASES
Highlights –
- KT Corp. planning to develop a self-diagnosis application to detect infectious disease.
- This application could be used to detect COVID-19 as well.
- The South Korean company will be funded by the Bill & Melinda Gates Fo...