Global telecom industry big shots will fly into Korea to see the world's first 5G mobile communication during the Pyeongchang Winter Olympics. They are expected to directly observe the status of 5G, apply what they will see in Korea to their own 5G strategies and strengthen cooperation with Korean c
Samsung Electronics Co. has joined hands with Verizon, the largest mobile carrier in the US, to push into the US 5G wireless service market.Samsung Electronics America announced on January 3 (local time) that it has been selected as Verizon’s partner company in 5G wireless services. Verizon plans to
LG Electronics said on December 27 that the company will jointly develop its autonomous navigation solutions with HERE Technologies, a German digital map maker with ultra-precise map production technology in centimeters. HERE was a member of Nokia but in 2015 three world-class German carmakers -- BM
SK Telecom and KT are intensifying competition for taking leadership in 5G. They are not only boasting that they have more influence in discussing international standardization at the 3GPP, a mobile communication standardization group, but also saying that they implemented the world's first 5G (demo
In the traditional IT sector, Google, Facebook, Apple and so on are already dominant and it is extremely difficult for newcomers to hit the jackpot. This is not so in the biotech and healthcare sector because techniques and solutions for utilizing a huge amount of data have just begun to be develope
Samsung Electronics renewed its record profit again in the third quarter for two straight quarters. Taking a close look at, however, the company’s dependence on component business, which is sensitive to market conditions including semiconductor, continues to grow. Samsung Electronics has now an unce
"Telecommunication companies’ assets such as connectivity and big data have great force that can solve common problems such as infectious diseases," said KT Chairman Hwang Chang-kyu (right) said on September 17 (local time) at a regular general meeting of the Broadband Commission.A working group for
SK Telecom announced on September 3 that Nokia and itself succeeded in reducing the round-trip delay between an LTE terminal and a base station from 0.025 to 0.002 seconds for the first time in the world.The two companies applied uplink prescheduling and short transmission time interval at the same
Kolon Industries and Nokia formed a strategic partnership with each other late this month in order to launch a joint business in the IoT wearables market. The signing ceremony took place in Seoul on August 25 and was attended by Kolon Industries CEO Park Dong-moon, Nokia CEO Rajeev Suri, etc.Accordi
South Korea’s three mobile carriers are strengthening cooperation with global communications equipment producer Nokia to commercialize 5G network services for the first time in the world.SK Telecom, KT and LG U+ had meetings with Nokia’s top executives, including CEO Rajeev Suri, on August 25 to dis
Vice-chairman Lee Jae-yong of Samsung Electronics indicted on charges of bribing former President Park Geun-hye and Choi Soon-sil was sentenced to five years in prison in the first trial on August 25, prolonging the absence of Samsung’s head. With chairman Lee Kun-hee's failure to recover from a lon
Although the combined net profit posted by South Korean companies listed on the country's main KOSPI market reached a record high in the first half of this year, the figure excluding Samsung, LG and SK Group decreased as much as 17 percent. This is due to the fact that a small number of conglomerate
Connected cars which are called “4-wheel smartphones” have started running on actual roads. Not only exsiting automakers but also information communication technology (ICT) companies have considered connected cars as a next-generation device after smartphones and competed to dominate the market in a
SK Telecom announced on June 28 that it has successfully demonstrated 5G wireless service using the 3.5GHz band for the first time in Korea with the support of Samsung Electronics and Nokia.5G frequencies are divided into an extremely high frequency and a low frequency range. The 3.5 GHz band, which
Samsung Electronics announced on May 19 that it has become a new board member of 5G Automotive Association (5GAA), a global cross-industry association of companies from the telecommunications and automotive industries, a move to speed up development of connected car technology.The 5GAA has been esta
The US government imposed a huge fine on Chinese telecom equipment maker, saying that ZTE had illegally traded with North Korea and Iran. Analysis says that America’s hard-line measures were aimed at North Korea and China a day after the start of the deployment of the Terminal High Altitude Area Def
LG U+ unveiled its 5G core networking equipment, which was jointly developed with global telecom network solution firm Nokia, at the Mobile World Congress (MWC) 2017 in Barcelona, Spain, on Feb. 28 (local time).The Self BackHole Node, which was displayed at the Nokia booth this month, steers radio w
A scramble for mapping data between the global information and communications technology (ICT) and automobile businesses is accelerating. Companies which prepare for the driverless car business are competing to secure precise, three-dimensional (3D) mapping data of major cities in all countries befo
SK Telecom has developed the next-generation wireless communication technology that allows hundreds of rescue workers to communicate well with one another even in large disasters.The company announced on January 22 that it jointly developed the Voice over LTE (VoLTE)-based mobile communication techn
A proposal on core 5G network standards, which was made by the “5G global group” including SK Telecom, has been adopted by an international mobile telecommunication standard organization called 3rd Generation Partnership Project (3GPP).SK Telecom announced on November 27 that standards for technolog