Korean and Finnish telcos LGU+ and Elisa join forces on 5G development

Korean and Finnish telcos LGU+ and Elisa join forces on 5G development

LG Uplus, the South Korean mobile network operator and Elisa Corporation, the Finnish mobile network operator, have signed a memorandum of understanding (MoU) at the Mobile World Congress 2019 in Barcelona. The MoU defines the partnership for cooperation in innovation, startup collaborations, service and network automation development. Both LG Uplus and Elisa have high priorities […]

Korean internet giant Kakao is launching a blockchain company

Korean internet giant Kakao is launching a blockchain company

Kakao, the Korean internet firm that operates the country’s largest messaging app, is moving deeper into crypto after it revealed plans to launch a blockchain-focused business unit. A Kakao representative confirmed the plans and that the company has hired Han Jaesun, CTO of gaming startup FuturePlay, to head up the business. The company isn’t commenting […]

Mobile ads takes biggest share in Korean ad market with spending topping $2 bn

Mobile ads takes biggest share in Korean ad market with spending topping $2 bn

Mobile advertisement accounted for the largest share in the South Korean advertisement market for the first time last year with mobile ad spending exceeding 2.2 trillion won ($2 billion). According to the nation’s leading advertising agency Cheil Worldwide, total ad spending rose 1.8 percent from a year ago to 11.1 trillion won last year. The […]

INNOCEAN to showcase new smart driving sunglasses at Consumer Electronics Show 2018

INNOCEAN to showcase new smart driving sunglasses at Consumer Electronics Show 2018

INNOCEAN Worldwide Seoul will present “Smart Driving Sunglasses” at the world’s largest electronics exhibition, Consumer Electronics Show (CES) 2018. This will be the first time for INNOCEAN to host an independent booth at CES, which also marks the first time an advertising company has developed an ICT product to showcase it to the global market. […]