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KT Chairman Hwang Chang-gyu.Yoon Kyung-lim, head of KT’s Future Convergence Business Office, explains the facilities of the GiGA IoT Business Cooperation Center in Pangyo, Gyeonggi-do, on Aug. 25 in which KT held a ceremony to inaugurate the alliance on Aug. 25.(Photos:KT) KT has teamed up with 10…
KT has succeeded in commercializing so-called GiGA LTE, which is 15 times faster than the conventional Long Term Evolution (LTE) network.   KT launched the GiGA LTE service that offers a maximum download speed of 1.17 Gbps —15 times faster than the existing LTE and four times faster than…
President Nam Chang-hyun of Chungbuk Technopark.(Photo:NewsWorld)  A little more than a decade has passed since Chungbuk Technopark was established with the goal of exploring new growth engines and nurturing “global hidden champions” in the Chungcheongbuk-do area. Chungbuk Technopark ha…
KT Chairman Hwang Chang-kyu talks with an Ericsson executive during his tour to the global telecommunications maker in which KT agreed to cooperate in the development of 5G technology. KT Chairman Hwang and Ericsson executives pose for a group photo session.(Photos:KT) KT is collaborating with such…
LG U+ Chairman Lee Sang-cheol.LG U+ has come up with a data-based price system. (Photos:LG U+)  LG U+ Chairman Lee Sang-cheol’s high profile on the global stage has been drawing public spotlight of late, particularly when it comes to publicizing that his company aims to become a “N…
KT Chairman Hwnag Chang-kyuDignitaries, including President Park Geun-hye and KT Chairman Hwang Chang-kyu, cut the ribbon to open the Gyeonggi Creative Economy and Innovation Center.(Photos:Cheong Wa Dae) The Pangyo Techno Valley, the nation’s largest IT industrial complex, will be converted into …
Models promote products whose charges are based on only data use, which was introduced by KT for the first time in Korea.(Photo:KT)KT has become the first Korean telecom service provider to introduce a data-based selective charging system in which subscribers are allowed not only to choose monthly f…
LG G4 smartphone released by LG Electronics. (Photo:LG Electronics) LG Electronics (LG) unveiled its eagerly anticipated LG G4 smartphone on April 29, and launched events in New York, London, Paris, Singapore, Istanbul and Seoul. Approximately 1,000 guests around the world gathered to view the new …
LG U+ Vice Chairman Lee Sang-cheol speaks at a meeting with reporters at the World Mobile Congress 2015 in Barcelona, Spain on March 3. (Photo:LG U+) LG U+ Vice Chairman Lee Sang-cheol said, “The evolvement of the Internet of Things (IoT) will take shape into a replacement of the brain of human be…
Models at SK Telecom booth show off the latest credit card “Smart Stamp” during the World Mobile Congress 2015.(Photo:SK Telecom) SK Telecom President Jang Dong-hyun said his company will explore new growth engines in the internet of things (IoT) field in cooperation with start-up companies and i…
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Economy/Finance
Chairman Han Dong-woo of Shinhan Financial Group. Shinhan Financial Group's net profit surpassed 2 trillion won for the second year in a row, the company said recently. The group posted 2.37 trillion won ($1.91 billion) in net profit last year, up 1…
Chairman Kim Jung-tae of Hana Financial Group. Hana Financial Group posted 1.345 trillion won in net profit in 2016, up nearly 50 percent year-on-year, the group said on Jan. 24. It’s the largest net profit since Hana Bank merged with Korea Exchang…
Chairman Yoon Jong-kyoo of KB Financial Group. KB Financial Group’s saw its share price outstrip its rival Shinhan Financial Group in January for the first time in four years. KB Financial’s shares jumped 2.66 percent as of the close on Jan. 25 to…
Chairman Kim Yong-hwan of NH Financial Group shakes hands with a staff as he visits the NH  Investment and Securities Co. head office with President Kim Won-kyu of the securities affiliate of the group behind him.(Photo: NH Financial Group) NH …


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