Korea government to invest US$110 million into wearables development, says report

KoreaDigi Times — The Korea government has announced from 2016 it will invest US$110 million over a five-year period into developing materials and components for wearable products, according to Korea-based D-Daily. Roughly US$13 million of the amount will be used for developing support centers in aim of further commercializing the technology, the report said. IDTechEx believes the wearables market will reach US$70 billion in value in 2024.


India market: Smartphone shipments increase 21.4% on year in 3Q15, says IDC

IndiaDigi Times — Shipments of smartphones in India totaled 28.3 million units in the third quarter of 2015, up 21.4% from 23.3 million units shipped for the same period of a year earlier, according to IDC. In the third quarter, the 4G enabled devices have witnessed almost a three-fold increase in unit shipments over the previous quarter, IDC noted.


Korea, China and Japan’s telco operators partner on 5G

APACMetering — South Korean telecoms operator KT announced that its chairman Hwang Chang-kyu met the CEOs of China’s state-owned telecommunication company China Mobile and NTT DoCoMo, Japan’s operator, to discuss ways in which the three operators could promote their cooperation in the 5G sector, reports The Korea Herald. The Strategic Cooperation Framework Agreement (SCFA) meeting took place in Shizuoka, Japan, and was attended by CEOs and executives of the telecoms companies.


Naver to challenge YouTube dominance in South Korea

KoreaZDNet — In tech savvy South Korea, YouTube currently reigns supreme, but Naver Corporation, the sprawling conglomerate behind the country’s largest search portal and chat app Line in Japan, vowed to challenge YouTube’s video streaming dominance in 2016. Naver executives took the stage at the Naver Connect 2015 conference last Tuesday to deliver a message best summed up by two keywords: “live” and “mobile”.


Samsung unveils 10nm FinFET S-RAM

KoreaTimes of India — NEW DELHI: Samsung has unveiled a new generation of S-RAM for smartphones, tablets and other gadget lines based on the ultra-thin 10nm FinFET technology with 128MB transfer rate. This S-RAM made on the 10nm process is 37.5% smaller in size than the current range of D-RAMs made on 14nm process.


Global 3Q15 mobile DRAM sales rise 18%, says DRAMeXchange

KoreaMobile DRAM revenues amounted to about US$4.55 billion in the third quarter of 2015, up 18% from US$3.85 billion in the prior quarter, according to DRAMeXchange. SK Hynix made the largest contribution to the overall mobile DRAM market revenue growth during the third quarter, said DRAMeXchange. The Korea-based firm saw its mobile DRAM revenues surge 30.5% on quarter to US$1.2 billion, which boosted its worldwide market share to 26.4% from 23.9% in the second quarter, DRAMeXchange said.


Digitimes Research: Korea memory chip production value hit record high in 3Q15

KoreaDigi Times — The production value of memory chips, including DRAM and NAND flash devices, in Korea hit a new high of KRW13.92 trillion (US$11.8 billion) in the third quarter of 2015, compared to the previous high of KRW13.17 trillion reached in the fourth quarter of 2014, according to Digitimes Research. The launch of new flagship smartphones by vendors and increased DRAM capacity on individual handsets helped drive shipment growth at the memory sector in Korea, Digitimes Research said.


South Korea To Move 750 e-Government Services To Cloud Computing By 2017 For Improved and Cost-Efficient Public Service

KoreaKorea Portal — The South Korean government is planning to employ cloud computing technologies to improve its e-government services, banking on the country’s super-fast internet connectivity and stable LTE availability. South Korea’s Ministry of Science, Information and Communications Technology (ICT), and Future Planning said Tuesday that they are planning to move over 400 e-government services to the cloud by the end of 2015, and an additional 350 by the end of 2016, ZDNet noted Tuesday.


AWS plans new data center cluster in South Korea

KoreaDatacenter Dynamics — Amazon Web Services (AWS) has announced that it will open new data centers in South Korea next year, as it continues to grow its global data center footprint in the face of stiff competition from rival cloud operators such as Microsoft and Google. The new AWS presence in South Korea will provide customers with quick, low-latency access to websites, mobile applications, games and cloud applications. In addition, it will allow organizations outside of Korea to reach end-users in South Korea with “very low” latency.


Qualcomm and KT to build LTE-based IoT security solution

KoreaZDNet — Global chipmaker Qualcomm and South Korean telco KT announced on Friday a joint business project to develop a “LTE based Internet of Things (IoT) security gateway solution” for new ATMs. Their IoT gateway solution will combine KT’s expertise in IoT security with the design know-how underpinning Qualcomm’s LTE microchips.


South Korea to move 60% of e-government services to cloud by 2017

KoreaSouth Korea is leveraging its hyper-fast connectivity and LTE penetration to e-government services, with more than 60 percent of them to be moved to cloud computing by 2017. The country will move over 400 e-government services to the cloud by the end of this year and another 350 by the end of 2016. Cloud computing employs a network of remote servers hosted on the internet to store, manage, and process data, rather than having a local server or a personal computer.


KT, Qualcomm develop IoT security device for ATM

KoreaKorea Times — KT has partnered with Qualcomm to develop a telecommunications device that offers more secure banking within the Internet of Things (IoT). The company said the wireless IoT Gateway reduces maintenance costs of automated teller machines (ATM) by half compared with the traditional wired network system.


Amazon building new data centres in S Korea for cloud unit

KoreaToday Online — SEATTLE: Amazon.com in 2016 will open a new cluster of data centres in South Korea, as the Web retailer pushes deeper into Asia to compete with other cloud-computing providers such as Microsoft and Google. The facilities are for the machines that power Amazon Web Services, the business that rents data storage and computing power to other companies, rather than its online retail operations.


Samsung Pay to cover more commerce activities, expects wider deployment in the US

KoreaZDNet — Perhaps more than its dual-edged smartphones, Samsung Pay has proven the hidden champion for Samsung Electronics in 2015, in terms of both public opinion and its potential. The company’s bottom line still comes from handsets and semiconductors, but the initial success of Samsung Pay may just be the catalyst the South Korean tech behemoth needs to sustain it in the coming years.


India is a crucial market for Samsung’s new high end commercial product lines: Top officials

KoreaEconomic Times — Seoul, South Korea : Global consumer electronics company, Samsung Electronics Co. Ltd, is looking at India as one of the crucial markets for its newly announced four product lines in commercial segment, said top officials during the Samsung AC Forum held in Korea. The company is expecting to reach the annual sales of USD 10 billion by 2020 its new product range globally.


KT to Run World’s Largest Submarine Cable Network

KoreaSeoul — The purpose of the NCP Project is to form a submarine cable network with a data processing capacity of about 80 Tbps and a total length of approximately 14,000 km across the Pacific Ocean. The total capacity under KT’s control is scheduled to be increased to 118.4 Tbps, including 38.4 Tbps on the side of the Asia Pacific Gateway (APG) submarine cable connecting Southeast Asia to Northeast Asia.


SK Telecom, China Unicom team for 5G, roaming

KoreaEnterprise Innovation — SK Telecom has signed a memorandum of understanding (MOU) with China Unicom to cooperate in strengthening their competitiveness in the telecommunications industry and promoting new growth businesses. Under the MOU, SK Telecom and China Unicom will work closely in diverse areas such as 5G technology, international roaming, platform, and startup support to enhance customer benefits and lead the development of the overall ICT industry.


SKT, Ericsson claim 5G network slicing success

KoreaSouth Korea’s SK Telecom (SKT) and Sweden’s Ericsson have demoed 5G network slicing technology at the operator’s R&D centre in Bundang, a satellite city of Seoul. The firms said in a statement they created different virtual network slices and were able to isolate and protect the slices from one another, which claims to solve a major challenge that can arise when multiple virtual networks share one physical network.


KT to operate world’s largest submarine cable network

KoreaKT said Thursday that it has been named the key operator of the world’s largest submarine network cable, New Cross Pacific (NCP). The nation’s dominant fixed-line operator said it will run a network center to control the submarine cable which helps connect network systems in Asia-Pacific countries to the North American region. The company said it will start operation of the 14,000-kilometer-long NCP cable in December 2017.


Korea state agency launches IoT security platform

KoreaThe government agency said the platform can be used to test any smart device prior to its launch. It added that the security platform will also act as a hub for bringing together small and medium-sized businesses to share technological expertise. Baik Kee-seung, president and CEO of KISA, said:  “Security has become an indispensable part of the IoT industry. “The IoT security test-bed will serve as a base camp for the next-generation IoT ecosystem.”