Samsung Electronics announced on Sept. 22 that it has been selected as a 5G communication equipment supplier for Comcast, the No. 1 cable TV operator in the United States.Samsung will supply 5G RAN solutions for Comcast’s efforts to deliver 5G access to consumer and business customers in the United
Lawmaker Yang Jung-suk tabled a bill to force major value-added common carriers to conclude contracts and pay adequate costs regarding the use of an information and communications network.“The data traffic that Netflix caused in relation to SK Broadband was 50 Gbps in May 2018 and 1,200 Gbps in Sept
SK Telecom announced on June 10 that its board of directors has approved the plan to split the company into SK Telecom (surviving entity) and SKT Investment (new entity, tentatively named) through a horizontal spin-off. The spin-off ratio has been set at 0.6073625 (surviving entity) to 0.3926375 (ne
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Details of planned spin-off announced on Jun 10— SK telecom (SKT) on Jun 10 revealed details of its planned spin-off (mainstay telecom business vs. intermediary holding company), first announced on Apr 1
SK Telecom announced on Aug. 6 that its earnings for the second quarter of 2020 on a K-IFRS consolidated basis: revenue of 4.603 trillion won, operating income of 359.5 billion won, and net income of 432.2 billion won.Compared to the same period last year, SK Telecom’s revenue and operating income i
Samsung Electronics announced on May 27 its official partnership with global esports organization, T1 Entertainment & Sports (T1).With this partnership, all teams and players located at the T1 headquarters training facility in Seoul will practice using Samsung’s latest curved gaming monitors, the Od
SK Telecom has presented a new vision based on three key initiatives – expansion of the 5G business models, strengthening global partnerships and transformation into a unique ICT synergy company.The new vision was unveiled by the company’s president Park Jung-ho at an analyst seminar held at the Ann
Lee Jae-yong, vice chairman of Samsung Electronics, is unlikely to attend this year's "Sun Valley Media Conference," a closed-door annual gathering of global economic movers and shakers to be held in the United States next month. Lee is facing knotty issues such as the prosecution’s investigatio
As net neutrality was abolished throughout the US on June 11, its potential impact on Korea is drawing attention.Network neutrality refers to telecom network operators treating internet services as public goods such as electricity and water and not blocking or slowing down certain web content.In oth
As SK Telecom began to go ahead in occupying the market by building the LoRa Network, a network exclusively for the Internet of Things (IoT), KT and LG U+ began to reacted by announcing a plan to build a joint national NB-IoT communication network KT and LG U+ announced that they will jointly carry
According to market research firm Gartner, the size of the global IoT market and the number of devices connected to IoT networks are predicted to increase from US$600 billion to US$1.7 trillion and from 3.8 billion to 20.8 billion between 2014 and 2020, respectively.In these circumstances, mobile ca
SK Telecom established the long-range (LoRa) network, which is a dedicated Internet of Things (IoT) network, across the nation for the first time in the world while the LoRa network is rapidly spreading to 150 cities around the globe. LoRa Alliance, which was established in March last year, has more
According to Samsung Group on Dec. 7, Samsung Venture Investment Corp., has recently made a 6 million investment in Baobab Studios, a U.S. based startup that specializes in animated virtual reality (VR) content, along with Comcast, HTC and others.Also joining the funding mix are Silicon Valley's lea
The CJ Group (Chairman Lee Jae-hyun) has revealed its long-term vision of breaking into the global top 10 tier in the cultural industry. The company also made known its specific blueprint to take the country’s brand value up a notch, especially by successfully commercializing Hallyu.The CJ Group hos
Digital content providers that started their businesses on YouTube are leaving the video streaming channel by setting up their own content distribution networks. This is because Google takes almost half of their advertising revenue while claiming exclusive ownership of their content. With their disc
Samsung Electronics, which has the ambition to become the top-ranked UHD TV maker this year, is expanding 4K content partnerships with cable companies at home and abroad, Internet Protocol television (IPTV) providers, online streaming service providers, and filmmakers. According to industry sources