KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home IT

KT to Establish Overseas Internet Data Centers and Facilities with LH

 929 total views,  1 views today

James Jung by James Jung
PUBLISHED: February 2, 2021 UPDATED: February 3, 2021
in IT, KT
0
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT

KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT

South Korea’s largest telecommunication company KT Corporation signed a memorandum of understanding (MOU) with Korea Land and Housing Corporation (LH). LH is a government-owned corporation involved in the development, maintenance, and management of land and housing in cities. In the partnership, KT and LH will combine their expertise and establish Internet data centers overseas.

“LH will help companies in overseas industrial complexes innovate by using our digital platform capabilities,” said Moon Sung-wook, head of KT’s global business. “We will develop specific digital transformation strategies according to each market, contributing to the vitalization of industrial complexes overseas.”

Under the agreement, KT will deliver services and technologies for the digital transformation of Korean and foreign companies within the complexes. On the other hand, LH is in charge of the expansion and development of customer infrastructures and firms within the complexes. LH will also develop technologies related to information and communication. In addition to trading industry know-how, they will jointly work to provide affordable service acquisition for the companies. The partnership enables companies in the industrial complexes to utilize stable and integrated Internet operation services from KT.

“We are anticipating synergy to be created with LH’s expertise in developing new cities and industrial complexes and KT’s differentiated capabilities in information and communication technology,” said Lee Yong-sam, head of LH’s global business. “We plan on expanding cooperation with related firms abroad to help Korean companies’ entry into foreign markets.”

South Korea’s Data Center Expansion

Aside from data centers, both companies will collaborate in setting up smart cities on overseas sites. The two companies are targeting to establish KT’s data centers in LH-built industrial complexes abroad. In line with the Korean government’s K-New Deal globalization policy, LH will construct smart cities and complexes in other countries. Last year, LH developed 35 industrial complexes in overseas sites, effectively sharing South Korea’s urban management systems.

KT is operating 13 data centers in Korea, including the largest hyper-scale data center in Yongsan, KT DX IDC. Due to KT’s experience with data center operations, they are expanding their international data businesses and incorporating related services. In September 2020, KT built a hyper-scale data center with Thailand’s Jasmine Telecom Systems.

Check out other must-read articles from KoreaTechToday:

  • K-Water Selects Residents to Experience Busan Eco Delta Smart Village
  • Proptech Startup Spacewalk Raises 8 Billion Won in Series A Funding
  • SK Broadband to Build Eco-friendly Data Center in Saemangeum by 2021
  • Kakao Signs 400 Bln Won Deal to Construct its First Data Center in Ansan
What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: digital platforminternet data centersKorea Land and Housing CorporationKTLH

Related Posts

epilson
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
KT

KT subsidiary Epsilon Telecommunications launches three Points of Presence (PoPs) across South Korea for better connectivity

November 18, 2022
KT and Amazon come together for voice assistance services
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
KT

KT and Amazon come together for voice assistance services

February 12, 2022
KT will soon commercialize 5G SA in South Korea: Samsung offers common core
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
5G

KT will soon commercialize 5G SA in South Korea: Samsung offers common core

February 4, 2022
5G rollout: KT, NTT DOCOMO, Fujitsu come together to work on 5G O-RAN in South Korea
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
5G

5G rollout: KT, NTT DOCOMO, Fujitsu come together to work on 5G O-RAN in South Korea

January 8, 2022
5G users in South Korea surge to 20 million
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
5G

5G users in South Korea surge to 20 million

January 4, 2022
KT partners with Samsung to introduce Korea’s first-ever commercial 5G Standalone (5G SA) network service using highly advanced RAN and vCore technologies.
KT Corporation signed an MOU for the establishment of overseas Internet data centers and facilities with Korea Land and Housing Corporation. / Photo courtesy of KT
5G

KT, Samsung Offers First Commercial 5G SA Network in Korea

July 16, 2021
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Korean tech giants to focus on future innovations & sustainability actions at CES 2023 

    0 shares
    Share 0 Tweet 0
  • World’s First 5G Robot Café has a Seoul Opening

    0 shares
    Share 0 Tweet 0
  • Top 10 Must-Have Korean Apps You Need When Visiting in Korea

    0 shares
    Share 0 Tweet 0
  • Samsung SDS Secures Defense Mobile Security Solutions Order in Italy

    0 shares
    Share 0 Tweet 0
  • South Korea Improves Digital New Deal with the Data Dam Project

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |