Kt Corp Stock Price, News & Analysis

KT Corporation has established a national data center in Uzbekistan to manage electricity services for 8 million utility users, marking its expansion into the Central Asian market. The center, inaugurated on August 20, 2020, will utilize KT's Centralized AMI Energy Platform to improve energy management and billing. It can process real-time data from smart meters, allowing for better monitoring and pricing of electricity. The initiative aims to increase efficiency and has potential future expansions into other Central Asian countries.

KT Corporation (KRX: 030200; NYSE: KT), South Korea's largest telecommunications company, hosted the country's first drive-in graduation ceremony for 2019 graduates impacted by COVID-19 on August 21. Held at Hongik University, the contactless ceremony allowed students and families to celebrate safely from their cars. The event was streamed live and included speeches and performances. KT emphasized its commitment to innovative services during the pandemic through initiatives like the 'Ma-Eum:TACT' campaign, offering support to those affected by COVID-19 disruptions.

KT Corp. (KRX: 030200; NYSE: KT), South Korea's leading telecommunications firm, has joined forces with Jin Air and Hanjin Information Systems to develop a new virtual reality (VR) entertainment service for air travelers. This innovative service will allow passengers to access a wide range of immersive media content while flying, starting with international routes by the end of the year. The VR service will enhance in-flight experiences by offering ultra-high-definition movies and 360-degree images. KT aims to be a leader in VR entertainment for the airline industry.

KT Corp. (KRX: 030200; NYSE: KT), South Korea's largest telecommunications company, is set to launch advanced smart building services in collaboration with its subsidiary, KT Estate. The services include "Smart Building Sensing" for real-time monitoring of building operations and "Smart Building BEMS," an energy management system. These offerings aim to reduce operational costs and enhance energy efficiency. The services are mandatory for public buildings and will soon extend to private buildings. Pricing includes 200,000 won per Smart Building Sensing unit and around 125 million won for Smart Building BEMS.

KT Corp. (KRX: 030200; NYSE: KT) has launched a new 5G-powered service to stream live K-pop performances to audiences in Hong Kong, following a contract with China Mobile's Migu. This service is part of a collaboration that started in 2019, aiming to enhance the global reach of K-pop through high-definition streaming. KT also plans to expand this service throughout Asia and provide various global sports contents. The company continues to build partnerships with international music platforms, showcasing its commitment to promoting K-pop globally.

KT Corp. (KRX: 030200; NYSE: KT) has launched its second-generation hotel robot, the N Bot, at the Novotel Ambassador Dongdaemun in Seoul. This AI robot enhances room service by delivering water, towels, and other amenities faster and more efficiently, improving on its predecessor. N Bot's features include autonomous driving, voice recognition, and a design that allows for quicker deliveries. With a larger delivery capsule and improved battery life, KT aims to expand the robot's application beyond hotels amidst rising demand for contactless service due to COVID-19.

KT Corp. (KRX: 030200; NYSE: KT) has signed strategic cooperation and investment contracts with Hyundai Robotics to advance digital transformation through 5G, AI, and smart factory initiatives. KT will acquire a 10% equity stake in Hyundai Robotics for 50 billion won. Under this partnership, they aim to develop intelligent service robots and enhance smart factory solutions. KT's president emphasized the company's commitment to strengthening South Korea's industrial competitiveness through this collaboration, leveraging their expertise in 5G and AI.