Press Release
[Photo]
Baek Won In, president of HYUNDAI Information Technology(left) and Lee Nae Heun, chairman of HYUNDAI TELECOM(center), president Yang Han Ho signed on a business tie-up for cooperative advancement between U-City and the SOC project.
The IT enterprises, formerly subsidiaries of Hyundai group, are holding hands to conquer the ubiquitous market.
HYUNDAI Information Technology(CEO Baek Won In, http://www.hit.co.kr) announced that they had contracted a partnership with home network solution enterprise, HYUNDAI TELECOM(CEO Lee Nae Heun), for cooperative execution of U-City and SOC projects.
Hereupon, HYUNDAI Information Technology will provide technology and operations including consulting in each field, while HYUNDAI TELECOM will provide hardware and technology as in Home Automation(Collaborated management system for apartments, etc.) and Home Network(applicable technology like Middleware), IBS(building facility protection and security system), SOC(optical communication, automated control), to increase the synergy. Also, they contracted to cooperate on research and production of RFID/USN related equipment, development of embedded systems, ubiquitous apartments and public SI and public intelligent building construction projects.
August 2, 2006
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Maeil Business, "Hyundai Telecom - Hyundai IT enter a a ubiquitous business alliance partnership "
Newsis, "Old Hyundai Group IT corporations have gathered"
Inews 24, "Old Hyundai Group IT companies have gathered."
2006-8-2
MoneyToday, "Old Hyundai Group IT corporations have gathered-Hyundai Telecom & Hyundai IT joint execution of 'u City'"
Electronic Times, "the relationship stemming from feeding from the same pot"
Financial News " Hyundai Telecom - Hyundai IT, U City business agreement"
Seoul Shinmun, "technology alliance with Hyundai IT "
Digital Times, " Hyundai IT & Hyundai Telecom join hands and penetrate the U-City SOC market"
Baek Won In, president of HYUNDAI Information Technology(left) and Lee Nae Heun, chairman of HYUNDAI TELECOM(center), president Yang Han Ho signed on a business tie-up for cooperative advancement between U-City and the SOC project.
The IT enterprises, formerly subsidiaries of Hyundai group, are holding hands to conquer the ubiquitous market.
HYUNDAI Information Technology(CEO Baek Won In, http://www.hit.co.kr) announced that they had contracted a partnership with home network solution enterprise, HYUNDAI TELECOM(CEO Lee Nae Heun), for cooperative execution of U-City and SOC projects.
Hereupon, HYUNDAI Information Technology will provide technology and operations including consulting in each field, while HYUNDAI TELECOM will provide hardware and technology as in Home Automation(Collaborated management system for apartments, etc.) and Home Network(applicable technology like Middleware), IBS(building facility protection and security system), SOC(optical communication, automated control), to increase the synergy. Also, they contracted to cooperate on research and production of RFID/USN related equipment, development of embedded systems, ubiquitous apartments and public SI and public intelligent building construction projects.
August 2, 2006
Related Article
2006-8-1
Herald Biz, "Old Hyundai IT companies put up a united front–U market penetration.. technology etc. provided"
Digital Daily, "Hyundai IT- Hyundai Telecom, join hands in the domestic U-City market penetration"
News Wire, "Hyundai Telecom and Hyundai IT penetrate the ubiquitous market"
K-Mobile, "Hyundai Telecom and Hyundai IT enter a 'partnership' "
Aving "Hyundai Telecom and Hyundai IT enter a ubiquitous business alliance partnership”
Herald Live News, "Story that will make money: Old Hyundai IT companies have gathered"
e-Daily, "Hyundai Telecom and Hyundai IT penetrate the ubiquitous market"
Maeil Business, "Hyundai Telecom - Hyundai IT enter a a ubiquitous business alliance partnership "
Newsis, "Old Hyundai Group IT corporations have gathered"
Inews 24, "Old Hyundai Group IT companies have gathered."
2006-8-2
MoneyToday, "Old Hyundai Group IT corporations have gathered-Hyundai Telecom & Hyundai IT joint execution of 'u City'"
Electronic Times, "the relationship stemming from feeding from the same pot"
Financial News " Hyundai Telecom - Hyundai IT, U City business agreement"
Seoul Shinmun, "technology alliance with Hyundai IT "
Digital Times, " Hyundai IT & Hyundai Telecom join hands and penetrate the U-City SOC market"