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KT Chairman Hwang Chang-gyu.(Photos:KT) "We’ll set aside 13 trillion won by 2020 to spearhead the Fourth Wave of Industrial Revolution,” KT Chairman Hwang Chang-gyu declared. Chairman Hwang made the remark at a meeting with reporters at the KT office building in Gwanghwamun, downtown Seoul, on Se…
LG U+ Chairman Lee Sang-cheol.Models show off LG U+’s IoT services that enjoy popularity.(Photos:LG U+)LG U+’s home Internet of Things (IoT) services have enjoyed explosive popularity, as the number of subscribers has topped 20,000 people in the 40 days since its debut.LG U+ said on Sept. 15 that …
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 …
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Economy/Finance
최종구 금융위원장이 고(高) 총부채원리금상환비율(DSR) 기준에 대해 은행업권 별로 차등화한다는 입장을 밝혔다.또 고DSR 기준으로 취약계층 차주들이 겪는 대출의 어려움을 고려해 DSR이 제외되는 서민상품금융을 확대하는 방안을 마련하기로 했다.16일 최종구 금융위…
Chairman Yoon Jong-kyoo of KB Financial Group speaks at a ceremony for the opening of KB Kookmin Bank’s third branch in Cambodia early last year. (Photo: KB Financial Group)Chairman Yoon Jong-kyoo has been on a trip to Southeast Asia after stopovers…
Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head offi…
President Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundati…


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