The European Patent Office (EPO) announced on March 19 (local time) that it had received a record number of patent applications in 2023. This indicates the attractiveness of the European technology market and the increase in research and development investments by companies.In 2023, the number of pa
Patent applications originating from the Republic of Korea at the European Patent Office (EPO) grew by 21% last year, according to the EPO’s Patent Index 2023 published today. This was the highest growth rate among the 20 leading innovating countries, and more than five times the average growth at t
KT announced its vision to transform into an AICT company, combining its telecommunications capabilities with IT and AI, at MWC 2024, marking the start of its full-fledged leap into becoming a leading enterprise in global AI and ICT.At the recently concluded MWC 2024, KT received high praise for sho
Samsung Electronics and SK telecom have embarked on forming alliances with global operators to lead the development of 6G and integrate Large Language Models (LLM) into their services. While Samsung Electronics is co-establishing a consortium with big tech companies across various sectors such as te
Samsung Electronics is expanding its influence in the North American region, including Canada and the United States, by leading with its Open RAN solution. The company plans to strengthen its position in the global telecommunications equipment market, which is currently dominated by Huawei, Ericsson
EQT Partners, a private equity fund (PEF), has finalized the acquisition of SK Shieldus, a security business affiliate of SK Group. EQT will sign a stock purchase agreement (SPA) worth three trillion won with SK Shieldus this week. It will take over about 30 percent of the 63.1 percent stake held by
Samsung Electronics has recently recruited two executives from Ericsson to expand its telecommunications equipment business.The company recently established a new business strategy task force (TF) under its network division. Managing Director Henrik Jansson, recruited from Ericsson, was appointed to
EQT Partners, a private equity fund operated by Sweden’s largest conglomerate Wallenberg Group, is reportedly promoting an investment of about 2 trillion won in SK Shieldus, a Korean security company.Wallenberg Group has invested in major global companies through diverse investment arms. It has stak
The Korea International Trade Association announced on Oct. 13 that China’s share in the U.S. communications equipment market dropped from 49.2 percent in 2018 to 24.5 percent in 2021 and then to 19 percent in the first half of this year.“The share in the global market rose from 40.1 percent in 2012
The authors are analysts of Shinhan Investment Corp. They can be reached at ym.ko@shinhan.com and hyungwou@shinhan.com, respectively. -- Ed. Domestic market for private 5G to take off in 2022Contrary to expectations, investments in 28GHz-based 5G networks have been lackluster. In the absence of B2B
South Korea is falling behind in the field of 5G convergence, as foreign mobile carriers are leading the commercialization of automotive 5G and network slicing.According to market research firms, 5G network-connected cars are expected to account for 25 percent of all cars in 2025. In this market, T-
Huawei accounted for 28.7 percent of the global communications equipment market in terms of sales last year, topping the market for two years in a row in spite of declines in sales and smartphone sales volume.Ericsson came in second with 15 percent, followed by Nokia (14.9 percent), ZTE (10.5 percen
SK Telecom is leading the development of 5G equipment through virtualization technology in cooperation with major Korean and foreign communication equipment manufacturers.SK Telecom announced on Feb. 21 that it will unveil the results of its research on virtualization technology at MWC 22, which wil
Corporate interest in private 5G networks is growing. Private 5G or local 5G refers to 5G communication networks built and operated by businesses in limited areas to utilize 5G's high speed, ultra-low latency and ultra-connectivity.Earlier, at the end of 2021, Naver Cloud was selected as the fir
Samsung Electronics is expanding its presence in the global 5G equipment market. Following the start of 5G services in the United Kingdom, Samsung’s 5G network business is expected to gain momentum with the launch of 5G services in the United States.Vodafone’s British subsidiary launched the first c
IPlytics said in its recent report that Huawei currently has the largest number of 5G patents in the world.According to the report, Huawei currently has 15.93 percent of all valid patents in the industry, followed by LG Electronics (10.79 percent), Samsung Electronics (10.55 percent), Qualcomm (10.4
Sweden's Wallenberg family is promoting equity investment in SK Group’s ADT Caps through EQT Partners, Sweden's largest private equity fund operator established by the Swedish business empire.ADT Caps, a subsidiary of SK Telecom, is seeking a pre-IPO worth 300 billion won. EQT Partners has t
The authors are analysts of Shinhan Investment Corp. They can be reached at ym.ko@shinhan.com and hyungwou@shinhan.com, respectively. -- Ed. Top-line growth resumes and earnings improvement starts in 2QAce Technologies reported sales of KRW58.6bn (+1% YoY) and operating loss of KRW0.9bn for 2Q21. Op
South Korea launched the world’s first commercial 5G service in 2019. In addition, South Korean smartphone manufacturers have enjoyed the highest share in the global smartphone market all the way since 2011. However, experts point out that the success is pointless.At present, it is Huawei that is do
Chinese and U.S. NPEs are vying for LG Electronics’ 5G patents after the company announced its withdrawal from the global smartphone market. South Korean NPE Intellectual Discovery also jumped into the competition.At present, LG Electronics has approximately 24,000 standard essential patents with re