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A consortium led by KT aims to become Korea’s first internet bank. It said the bank would boast a competitive advantage of making the most of big data. The consortium, dubbed “K Bank,” will lower costs based on big data collected from such areas as financing, communications and retail. Thi…
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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…
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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 …
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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…
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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…
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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…
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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…
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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…
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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 …
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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…
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New Chmn. Lee Yong-sok of Korean Register (KR). (Photos: KR)Korean Register (KR) announced on Feb. 23 that it participated as the lead organization in a national project named “Development of Technology for Integrated Management of Greenhouse Gas Em…
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A shuttle bus with Incheon International Airport is being charged at the newly opened Incheon Airport Hydrogen Transportation Multi-purpose Center.Incheon International Airport Corp. (IIAC) announced a plan on Feb. 6 to accelerate eco-friendly hydrog…
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New President Lee Heon-wook delivers his inaugural speech as he took office as the 17th president of Korea Real Estate Board (REB) on Feb. 25. (Photo: REB)Lee Heon-wook, former president of Gyeonggi Housing & Urban Development Corp. (GH) took off…
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Minister Cho Tae-yeol of the Ministry of Foreign Affairs (MOFA), Minister Oh Young-joo of the Ministry of SMEs and Startups (MSS) poses with about 200 SME representatives, including KBIZ Chmn. Kim Ki-mun as they had a meeting to ramp up communication…
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