Sunday May 5 | Converge! Network Digest
SK Telecom Plans LTE-Advanced Launch for September
In its quarterly financial report, SK Telecom announced plans to commercialize LTE-Advanced service during September 2013.
SK Telecom Reports Q1 Profit of KRW 345.9B
SK Telecom announced its earnings on a K-IFRS consolidated basis for the first quarter of 2013: revenue of KRW 4.113 trillion, operating income of KRW 410.6 billion and net income of KRW 345.9 billion.
S.Korean shares slip, hurt by techs, U.S. data
South Korean shares fell on Thursday, weakened by selling in technology and banking heavyweights, and as market sentiment was further hurt by soft U.S. data.
SEOUL: Big Korean businesses under pressure to hire more regular workers
A growing number of businesses here are joining a recent move of granting regular status to their contract workers, responding to enhanced calls for them to shoulder heavier social responsibilities.
Sohu.com Inc (SOHU), SK Telecom Co., Ltd. (SKM): Orbis Investment Management's Small Cap Picks
We have found, by analyzing our database of 13F filings from hedge funds and other notable investors, that the most popular small cap stocks among the filers we track earn an average excess return of 18 percentage points per year .
Friday's ETF Movers: AXTE, URTH
In trading on Friday, the iShares MSCI ACWI ex-US Telecommunication Services Sector Index Fund is outperforming other ETFs, up about 3.3% on the day.
SK recalls last of staff from plant shut by NK
SEOUL said yesterday that it has decided to withdraw the roughly 175 South Koreans still at a jointly run factory complex in North Korea, raising a major question about the survival of the last symbol of inter-Korean cooperation.
Samsung Starts Galaxy S4 Sales in Latest Challenge to Apple
Samsung Electronics Co. began selling the Galaxy S4 smartphone today, releasing its new flagship model in the company's home market of South Korea before a global rollout to challenge Apple Inc.
SK Teleom Launches Smart Hospital Solutions
SK Telecom today announced that it launched two innovative smart hospital solutions namely Patient Guide and Bedside Station under collaboration with Healthconnect, a joint venture formed between SK Telecom and Seoul National University Hospital in January 2012.
SK Telecom exceeded the 10 million subscriber mark in just one year and nine months after launching Korea's first LTE service in July 2011, whereas it took the company three years and one month to acquire 10 million 3G WCDMA subscribers since commercializing the service in May 2006.