South Korea is to build and launch more than 100 low Earth orbiting satellites for a national security system and to test and help develop ‘next-generation’ communications. The country’s Ministry of Science and ICT (information & Communication Technology) said it would pursue such satellite development to encourage the private sector’s involvement in the space industry […]
Revenues from pay-TV services market in South Korea are set to grow from $6.4 billion in 2020 to $7.2 billion in 2025, at a compound annual growth rate (CAGR) of 2.5 per cent, mainly supported by the increasing Internet protocol television (IPTV) subscriptions and growing pay-TV average revenue per user (ARPU), according to GlobalData, the […]
The mobile data service revenues will grow at a 7.1 per cent CAGR over 2020-2025 driven by the projected rise in the adoption of 5G services, which yield higher average revenue per user (ARPU), according to GlobalData, a data and analytics company. An analysis of GlobalData’s South Korea Mobile Communication Forecast Model reveals that total […]
South Korea, home of electronics giants Samsung and LG, also wants to join the low Earth orbiting satellite club. Hanwha Systems, part of the Hanwha conglomerate (and originally founded as Korea Explosives Co) but now better known as a financial services-to-retail business and very much with Aerospace in its sights, says it wants to develop […]
South Korean electronics giant Sausng is reportedly selling an LCD factory based in Suzhou, China. The South Korean government has given its permission for the sale. The permission is needed because LCD production is regulated as a core technology for the country and government approval is needed for any overseas asset transfer. Samsung is seen […]
The Pay-TV services market in South Korea is expected to reach $7.2 billion (€5.8bn) in 2025, mainly driven by the subscription growth in IPTV service and growth in overall pay-TV average revenue per user (ARPU). The market is forecast to grow at a compounded annual growth rate (CAGR) of 2.5 per cent between 2020 and […]
The fixed communications services market in South Korea is expected to reach $6.2 billion in 2025, recording a compounded annual growth rate (CAGR) of 1.2 per cent between 2020 and 2025, mainly driven by growth in fixed broadband segment, according to GlobalData. GlobalData’s South Korea Telecom Operators Country Intelligence Report forecasts that fixed voice service […]
According to research company Omdia’s 5G Market Progress Assessment (end-2019) report, the UK is ranked sixth out of the 22 leading 5G countries analysed for 5G deployment. The Omdia research assessed the deployment progress of 5G based on commercial operator launches, network coverage, subscriber take-up as well as 5G spectrum availability and regulatory environment. Based […]