Today I came upon the news that Microsoft is to invest $147 million in South Korea over the next 5 years, they also announced earlier that they would make a strategic alliance with Hyundai Motors that involves an investment of $113 million dollars while Hyundai will provide $166 million dollars.
The plan was unveiled by […]
It is interesting to see the evolution and competition among Korean MNO’s. In this battle, LG Telecom being the smaller of the three companies (SK Telecom and KTF being the others) has had to come up with a different strategy than the other competitors, given that SKT and KTF have the licenses to operate 3G […]
As reported by Yonhap News, Japanese video-game giant Nintendo Co. plans to finally release the “Wii” in South Korea. Trying to gain market share with respect to its competitors Sony and Microsoft, they will release the console about 1 year and a half after its initial release in the U.S. and Japan.
This clearly reveals some […]
SK Telecom has invested the modest sum of 2 Million USD in an American based online video animation company Fix8. The company has a technology H.E.A.R.T. (Human Expression Analysis and Rendering Technology), that allows the digitalization of human movement and is capable of animating it. This is for use on webcams and other devices, and they […]
The Korean telecommunications market has been shaken up of late given the news that the Korean Free Trade Commission (KFTC) accepted the acquisition of Hanaro Telecom by SK Telecom which has been protested by some of the other players.
This acquisition by SK Telecom who is already the dominant player in mobiles in Korea, has caused […]
Koreans have long embraced the benefits of online auction websites, and since 2000 when GMarket entered the marketplace the website has had great success. It is now considered a reference when looking to buy something online. Such has been the success of this company that they went public on June 29th, 2006 on Nasdaq and […]
The Mobile World Conference kicked off today in Barcelona and much is expected out of many of the worlds top companies. Today, the presentation by Korean giant LG on their LTE, or Long Term Evolution, technology demonstrated once again the innovative nature of this company.
This technology is in the process of being standardized for the […]
On February 17th, Korean company Gretech, will broadcast the Star Invitational games through GomTV. The Star Invitationals are a Starcraft e-sports tournament hosted here in Korea. The tournament is sponsored by LG, Intel and Gretech, and will be broadcast live in English as well. This along with a fully functional website with game and player […]
Almost anywhere in the world you travel to, you should be able to locate public payphones fairly easily. In Korea, payphones are still to be found, yet almost without exception they are not being used. They stand almost as if they were monuments or relics, yet without the esthetic quality.
In Korea, given the level of […]
As many blogs and tech news sites have reported the IFPI, or the International Federation of the Phonographic Industry has released a new report on the state of the worldwide music industry. This new report sheds some light on the current trends and gives us some ideas on what to expect from the future. The Industry […]
