WiBro, the wireless broadband platform favored by South Korean operators and vendors, will become a prominent access technology not only for South Korean wireless Internet businesses but also in the global arena. KT and SK Telecom have been aggressively preparing to launch WiBro commercial services early next year. WiBro vendors and operators in South Korea are already making progress faster than the WiMAX camp in terms of specification and market scale. Conventional wisdom previously regarded WiBro as a local specification fulfilling Korean local conditions only, but it is gradually becoming accepted as a potential global specification, especially when WiBro provides interoperability with IEEE 802.16e. WiBro has been expanding its global presence. In July, the Japanese government, accepted WiBro along with mobile WiMAX as a next-generation broadband wireless standard candidate. In the meantime, WiBro with VoIP can offer lots of benefits in terms of economics and fast deployment for global operators. According to ABI Research senior analyst Andy Bae, "With Korean users' high demands for wireless multimedia services via the Internet, and KT's aggressive 'WiBro as Next Growth Engine' plan to compete with SK Telecom-backed HSDPA, WiBro in South Korea will be well-positioned." Nonetheless, terminal vendors should carefully examine users' preferences and market demands for applications, in accordance with service roadmaps.
Technology is a compelling catalyst for economic growth across the globe. Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...