Fractional ownership price of Lotte World Tower on metaverse surges 180,000 times

Italian luxury fashion brand Gucci said Monday it will put on a metaverse exhibition and sell fashion items for avatars on Zepeto, Korean tech giant Naver’s metaverse platform. The fashion house has opened a virtual space on Zepeto, where users can enjoy a metaverse version of “Gucci Garden Archetypes,” an ongoing multimedia exhibition in Seoul. Gucci and Zepeto, following its first partnership...

Creator of global hit PUBG: Battlegrounds says future is in games combined with blockchain technology

Zepeto, the metaverse platform of Korea’s tech giant Naver, said Friday its number of domestic and international users reached 300 million since its launch, amid the burgeoning trend of interactions in virtual reality. “The number of international users alone is 285 million, accounting for 95 percent of users, while 15 million domestic users have subscribed to the app,“ a Naver official said. ”T...

BARCELONA, Spain -- The South Korean Minister of Science and ICT Lim Hye-sook said the government signed a memorandum of understanding with GSMA, host of the Mobile World Congress 2022, to support mutual interests in the metaverse and its ecosystem development. Under the agreement, the ministry will share information in regard to the progress of the metaverse ecosystem in Korea with GSMA. In ret...

Nokia, Ericsson-LG and Huawei‘s MWC exhibition shows Korean telcos would break 100 MHz-bandwidth barrier soon

South Korean telecom giant SK Telecom Co. said Thursday its artificial intelligence service designed to help the visually impaired has won an award at the world's largest mobile show in Barcelona. The wireless carrier said the AI-based virtual service co-developed with local social venture group Tuat has received an award for Best Use of Mobile for Accessibility & Inclusion at the Mobile World C...

Chinese company’s automated solution could prevent disasters at industrial sites, execs say

Korean space tech startup Space Star said Wednesday it will send the DNA of famous mountaineer Um Hong-gil to space, honoring his world record to have climbed the 16 highest peaks on Earth. After swabbing Um’s DNA from his mouth, the company plans to seal it in a capsule and send it to space by the end of this year. “Along with other world renowned celebrities, Um will be the first Korean celeb...

BARCELONA, Spain -- The board of GSMA, the host of Mobile World Congress 2022, has greenlighted a plan urging video streaming service providers to share telecom carriers’ costs of expanding broadband infrastructure, amid lingering conflicts over charging more network usage fees to those causing heavy internet traffic. The plan was proposed by a policy group under GSMA, which called on global con...

South Korea will push to commercialize sixth-generation (6G) services by around 2028, the country's science minister has said. Science and ICT Minister Lim Hye-sook made the remarks on Tuesday during her speech at the Mobile World Congress (MWC) 2022, a mobile technology trade fair under way in Barcelona. The MWC is one of the top three annual tech events in the world, along with the Consumer E...

BARCELONA, Spain -- Samsung Electronics will discontinue its phablet Galaxy Note series to make way for the high-end Galaxy S22 Ultra lineup, Samsung’s mobile business head said Monday. “The Ultra line for S series will fill in the Galaxy Note lineup every year from now on,” Roh Tae-moon, president and head of Mobile eXperience business at Samsung Electronics, told reporters at MWC 2022 during h...

BARCELONA, Spain -- Samsung Electronics CEO Han Jong-hee has hinted at making a comeback to the global extended reality headset market with a new device that works on a metaverse platform, signalling a possible end to the firm’s three-year hiatus from the industry. “(Metaverse-related devices) are now the talk of the town, so we have buckled down to a task to cope with the trend. It won’t take t...

KT Corp. said Monday it has debuted a new artificial intelligence-based coaching app for K-pop dance, called KT Real Dance, at the Mobile World Congress in Barcelona that kicked off Monday. When users dance in front of a smartphone camera along with a virtual instructor, the app records a synchronized video, analyzes dance moves, and offers tips on how to improve one‘s dancing skills. The app a...

BARCELONA/SEOUL -- Mobile World Congress, the world’s largest mobile tech show, kicked off its four-day run in Barcelona on Monday, with big name exhibitors, including Samsung Electronics and Google, returning to flaunt their latest technologies and products. The annual convention was canceled in 2020 due to the coronavirus pandemic, and in 2021, it was a hybrid event, with most of the product l...