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Kakao Q4 profit plunges over 80% to KRW 10 bln

Published 05 Feb 2016 10:26 CET | Korea, Republic of

South Korean mobile messaging services provider Daum Kakao saw consolidated revenue for the fourth quarter of 2015 reach KRW 241.7 billion, which represents an increase of ...

OneM2M to host second interoperability event in Korea

Published 04 Feb 2016 13:09 CET | Korea, Republic of, World

OneM2M, a standards initiative for M2M and the IoT, will host its second interoperability event following its inaugural test session held in 2015. Co-organized by oneM2M's ...

LG Uplus Q4 drops 53.6% on personnel, marketing expenses

Published 02 Feb 2016 12:33 CET | Korea, Republic of

South Korean mobile operator LG Uplus saw its fourth-quarter net profit decrease by nearly 53.6 percent from a year earlier to KRW 39.5 billion. The decline was mainly due to ...

SK Telecom profit plunges 15.8% in 2015

Published 02 Feb 2016 12:19 CET | Korea, Republic of

SK Telecom reports it has achieved revenue of KRW 17.1 trillion in 2015, which represents a decrease of 0.2 percent from 2014. The decline was mainly due to the elimination ...

Korea feature phone users fall under 10 mln mark

Published 02 Feb 2016 09:09 CET | Korea, Republic of

The number of feature phone users in South Korea declined sharply year-on-year in 2015 to 9.99 million as of end-December 2015 from 12.1 million posted a year earlier, writes ...

SK Telecom launches mobile app for Seoul restaurant clients

Published 01 Feb 2016 17:27 CET | Korea, Republic of

South Korean operator SK Telecom has signed an agreement with SM Entertainment to apply its IoT technology at the recently opened SMT Seoul restaurant, Korea Joongang Daily ...

Korea fails to find 4th mobile operator

Published 29 Jan 2016 15:38 CET | Korea, Republic of

Efforts by the Korean government to license a fourth mobile carrier appear to have been fruitless, as the Ministry of Science, ICT and Future Planning said none of the three ...

KT turns to net loss, revenues increase 8.5% in Q4

Published 29 Jan 2016 13:46 CET | Korea, Republic of

South Korean telecommunications provider KT posted a net loss of KRW 97.1 billion in the fourth quarter of 2015, compared with a net profit of KRW 126 billion in the third ...

IBM deploys cloud data virtualization system for Golfzon

Published 29 Jan 2016 12:02 CET | Korea, Republic of

Korean provider of golf simulators Golfzon has signed a contract with IBM Korea. Golfzon will use IBM's cloud technology. IBM will sell its cloud data virtualization (CDV) ...

HKNet implements NFV technology, opens PoP in Korea

Published 29 Jan 2016 09:39 CET | Hong Kong, Korea, Republic of

Hong Kong ICT provider HKNet, a subsidiary of NTT Communications, has integrated Network Functions Virtualization (NFV) technology into its dedicated internet access service ...

Naver's Q4 profit jumps 9.1% to over KRW 141 bln

Published 28 Jan 2016 13:21 CET | Korea, Republic of

Korean internet group Naver reported fourth-quarter revenues up 19.2 percent year-on-year to KRW 890 billion at 31 December 2015. Naver's operating profit was up 5 percent to ...

SK, Samsung to launch free smartphone rental service

Published 27 Jan 2016 13:29 CET | Korea, Republic of

SK Telecom plans to launch a project dubbed 'Enjoy Mobile Korea'. As part of the programme, SK Telecom will offer a free smartphone rental service for foreign tourists to ...

SK Broadband to launch Oksusu mobile media platform

Published 27 Jan 2016 10:39 CET | Korea, Republic of

SK Broadband, the internet services subsidiary of South Korean operator SK Telecom, will launch a mobile media platform dubbed 'oksusu' on 28 January, The Korea Times ...

Korea Telecom selects Ericsson encoders for HD service

Published 27 Jan 2016 00:40 CET | Korea, Republic of

Korea Telecom (KT) has selected Ericsson's AVP 400 MPEG-4 HD system encoders to enable 20 new HD channels over the next three years. The Ericsson AVP 4000 is powered by the ...

KT, Nokia conduct eMTC field trial on LTE network

Published 26 Jan 2016 09:38 CET | Korea, Republic of

South Korean operator KT and Nokia have conducted an eMTC field trial. The trial was carried out on KT's LTE network using Nokia's Flexi Multiradio 10 Base Station wherein ...

Pantech to launch smartwatch by year-end

Published 25 Jan 2016 14:09 CET | Korea, Republic of, World

South Korean handset maker Pantech plans to launch a smartwatch by year-end, Yonhap news agency reports, citing Pantech president Moon Ji-uk. Back in 2013, Pantech developed ...

South Korea ICT exports fall 1.9% amid reduced global demand

Published 25 Jan 2016 13:58 CET | Korea, Republic of

South Korea's exports of information communication technology (ICT) products decreased by 1.9 percent in 2015 compared to 2014. The decline was mainly due to weak global ...

Pantech to launch mid-range smartphone in H1

Published 25 Jan 2016 13:42 CET | Korea, Republic of

South Korean handset maker Pantech plans to release a new smartphone in the first half of 2016, Yonhap news agency reports. The budget smartphone will feature a distinctive ...

SK Telecom to deploy Uplink Carrier Aggregation tech

Published 25 Jan 2016 13:11 CET | Korea, Republic of

South Korean operator SK Telecom plans to commercially launch a data uplink system that is twice as fast as the existing one. The faster service will be available in the ...

KT to build South Korea's emergency notification system

Published 25 Jan 2016 13:05 CET | Korea, Republic of

A consortium led by KT has been selected to build an integrated emergency notification network system across South Korea, The Korea Time reports. KT said it has won a KRW ...

SK gets 10,000 pre-orders for Sol smartphone in first 3 days

Published 25 Jan 2016 11:50 CET | Korea, Republic of

SK Telecom reports it has received over 10,000 pre-orders for its Sol smartphone in first 3 days following its launch on 22 January, writes Korea Joongang Daily. The company ...

SK Telecom, Cisco partner on IoT products development

Published 24 Jan 2016 12:58 CET | Korea, Republic of

South Korean operator SK Telecom has signed a MoU with Cisco Systems International to develop services based on Internet of Things technology, The Korea Herald reports. The ...

SK Telecom to merge with SK Planet's LBS unit

Published 22 Jan 2016 13:26 CET | Korea, Republic of

South Korean operator SK Telecom has announced that its subsidiary SK Planet will spin off its location-based services (LBS) unit and merge with SK Telecom, Business Korea ...

South Korea's IoT market jumps 28% to KRW 4.8 tln in 2015

Published 22 Jan 2016 12:04 CET | Korea, Republic of

South Korea's market for the Internet of Things (IoT) products and services grew by 28 percent year-on-year in 2015, Yonhap news agency reports, citing data compiled by ...

South Korea's IT spending to grow 2.4% in 2016

Published 22 Jan 2016 11:25 CET | Korea, Republic of

South Korea's spending on information technology products and services will increase by 2.4 percent this year compared to 2015, Yonhap news agency reports, citing data ...

 

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