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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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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photo: Samyang Foods)Samyang Foods saws sales surpass 2 trillion won in sales for the first time since its founding. It came two years after the company posted 1 trillion won in sales in 2023.&n…
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Chmn. Koo Ja-kyun of LS ELECTRIC. (Photo: LS ELECTRIC)Seven subsidiaries of LS Group, including LS ELECTRIC and LS MnM, participated in InterBattery 2026 at COEX in Gangnam-gu, Seoul, from March 11 to March 13 and demonstrated their future strategy b…
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LG Electronics unveils its comprehensive heating, ventilation and air conditioning (HVAC) portfolio at Mostra Convegno Expocomfort (MCE) 2026, which took place in Milan, Italy, from March 24-27. (Photo: LG Electronics)LG Electronics (LG) is showcasin…
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Chairman Cho Won-tae of Hanjin Business Group delivers his commemorative speech at a ceremony to celebrate the 57th anniversary of Korean Air’s founding on March 3.Chairman Cho Won-tae of Hanjin Business Group delivered his commemorative speech at a…
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