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Thu, October 28, 2021 | 06:30
Mobile carriers seeking corporate diversification
Mobile carriers are seeking diversification to overcome saturation of their traditional businesses. Performance isn’t likely to improve in the short term amid massive investments in networks and intensifying marketing competition.
SK to build thermal power plant in Turkey
SK Group, the country’s third largest conglomerate, is reaping the rewards of group Chairman Chey Tae-won’s visit to Turkey last spring. The group is planning to bolster efforts in the nation that links Asia and Europe as a strategic point to expand its global business.
Carriers going viral with insidious advertising
Mobile carriers are seeking diversification to overcome saturation of their traditional businesses. Performance isn’t likely to improve in the short term amid massive investments in networks and intensifying marketing competition.
Portals battle to provide better map services
The competition among portals to improve map services is cutthroat following Google’s local upgrade. As the axis of information shifts from text to visuals in the advent of the ubiquitous smartphone, map applications have become the core service of portals.
CEO gives vigor back to LG Electronics
A long-awaited turnaround for LG Electronics in mobile communications took place in the fourth quarter of last year. It posted an operating profit of 12 billion won after seven quarters of losses. Behind this is Vice Chairman and CEO Koo Bon-joon, who took control of the firm in the fall of 2010.
Conglomerates barging into social commerce
Retail conglomerates are expanding to social commerce businesses with a positive outlook of the market. It is, however, to be seen whether they will pose a threat to the venture players currently dominating the market.
KT undergoing government labor inspection
KT, the country’s biggest telecom operator, is undergoing a government labor inspection. The company said it is bewildered by the decision, claiming it has a good relationship between management and the rest of the workforce.
KT SkyLife 3D documentary recognized
KT Skylife, the country’s satellite broadcaster, announced that it won the Jury Prize at the 3D Creative Arts Awards hosted by the International 3D Society (I3DS) for its 3D documentary “Forest of Fireflies.”
Carriers enjoy rapid rise in LTE handset sales
Fourth-generation (4G) long-term evolution (LTE) mobile services are quickly taking up more and more of the market as the number of subscribers here is soon to reach 2 million.
Most stories of portal neologisms mundane
After turning on the computer and connecting to the Internet the first site users start browsing with are usually portals like Naver and Google. Oftentimes, the names of these portals are not given a second thought.
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