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“KT will make it possible for any young Korean to reach into the world market solely with their ideas,” said KT Chairman Lee Suk-chae.Lee made the remarks during a meeting with reporters on Sept. 17 in which he unveiled plans to develop the country’s content ecosystem so that any individuals and …
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Samsung Electronics’latest smartphone, the Galaxy S3, has surpassed the 20 million mark in the number of units sold globally 100 days after making its global debut on May 29. It means that an average of 200,000 Galaxy S3 units have been sold on a daily basis. Galaxy S3 joined the list of …
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SK Telecom (NYSE: SKM) said on Sept. 6 that its LTE subscribers surpassed 5 million, in just one year since releasing Korea’s first-ever LTE smartphone in September 2011. The company becomes the third among around 90 LTE service providers across the globe to achieve the milestone of 5 million LTE s…
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U.S. Cellular and Samsung Telecomm-unications America, LLC, have announced that the Samsung Galaxy Metrix 4G is available online at uscellular.com and in stores. The Android-powered smartphone runs on the 4G LTE network, with speeds up to 10 times faster than 3G. The Galaxy Metrix 4G sells for $179 …
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Apple, which won a victory in the first round of U.S. patent lawsuits against Samsung Electronics, particularly over the latter’ s infringement on design patents, has been strengthening its patent litigation offensive. Apple filed with a federal court in California on Aug. 31 another patent la…
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The government has launched the “Giga-KOREA Project,” calling for the development of Gbps broadband connections by 2020, 40 times faster the current broadband infrastructure. The inter-ministry project is a roadmap for not just upgrading network infrastructure, but also pursuing shared growth…
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The government has launched the “Giga-KOREA Project,” calling for the development of Gbps broadband connections by 2020, 40 times faster the current broadband infrastructure. The inter-ministry project is a roadmap for not just upgrading network infrastructure, but also pursuing shared growth…
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KT has announced a plan to reorganize its management system, calling for spinning off future potential areas - media contents, satellite services, and real estate. The telecom provider’s announcement of the reorganization comes almost 10 years after it was privatized and three years after it i…
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The Electronics and Telecomm-unications Research Institute (ETRI) has developed a new concept eye track technology for user interface (UI)-based interaction, dubbed “Personal Knowledge Digest.”ETRI announced the development of the technology on July 12, which will provide the information people wa…
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R&D Korea 2012 held at COEX in Seoul from June 28-30 has served as an opportunity to take a look at the major R&D outcomes and the latest technologies the Korean industrial technology sector has achieved. Minister Hong Suk-woo of the Ministry of Knowledge Economy (MKE), Hwang Chang-kyu…
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On May 27, Shinhan Bank President Jung Sang-hyuk poses for a photo with KBO Commissioner Heo Gu-yeon after signing an agreement at KBO Hall in Gangnam-gu, Seoul. (Photo : Shinhan Bank)Shinhan Bank announced on June 12 that it has launched the “Succe…
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Yang Jong-hee, chairman of KB Financial Group pose for a commemorative photo with Yoon In-dae, deputy minister of economy and finance at the Value-Up Company Awards in Seoul, on May 27. (Photo : KB Financial Group)KB Financial Group received the Exce…
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Yim Jong-yong, chairman of Woori Financial Group, poses for a photo with the first-place team at Woori Financial Dream Round held at Seowon Valley Country Club in Paju, Gyeonggi-do on April 22. (Photo : Woori Financial Group)Woori Financial Group’s …
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On May 30, Lee Chan-woo, chairman of NongHyup Financial Group poses for a photo with Park Il-young, president of Korea Investment Corporation after inking an agreement on a joint investment in overseas private equity funds at NongHyup Financial Group…
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