N.Korea Says It Conducted Test for Developing Reconnaissance Satellite

North Korea said a test conducted on Sunday was for the development of a reconnaissance satellite system, state news agency KCNA reported on Monday, a day after a missile launch was detected from the country. KCNA’s report did not elaborate on what type of rocket had been used in the test, but authorities in South […]

Korea’s KT will build 5G testing to support SMEs

On September 16, 2020, Korean Carrier KT announced plans to build 5G test facilities nationwide. This move comes as part of the Korean government plan to support companies developing new services using 5G technology. The KRW 28.5 billion (US$24.2 million) project aims to provide small and medium-sized firms access to research versions of the 5G […]

KT Corporation recognized for achievements at annual awards ceremony

KT Corporation – Korea’s largest telecommunications service provider – won 6 out of 14 categories in an annual awards ceremony honoring the best telecommunications companies in the world, according to PR Newswire. KT was awarded during the11th annual awards ceremony of Informa Telecoms & Media – a London-based ICT research organization. This year has been more […]

Samsung expects profit decline as pandemic hits sales

SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. However, the company predicted its profit would decline in the current quarter with the coronavirus pandemic eating into global sales of smartphones, […]