San Mateo, Calif.-based uCIRRUS has raised $4 million from SK telecom ventures, Qualcomm (NSDQ: QCOM) Ventures and ATA Ventures. The company is trying to come up with solutions that can handle the “explosion of data moving across networks, and into storage.” Mostly, it’s targeting the enterprise as companies want to…

—HTC ramping production: Taiwan-based HTC, which makes both Android and Windows Phone 7 devices, is predicting it will ship 8.5 million handsets in Q4, up from 7 million in Q3. [GigaOm] —Another new OS?: SK Telecom (NYSE: SKM), the leading operator in South Korea, may be working on building its…

The biggest impediment to getting Hedge Fund Manager Philip Falcone’s wireless company getting off the ground is money, but he may be seeing some traction on that front. LightSquared has reportedly obtained a four-year loan worth $750 million from UBS AG, and separately, SK Telecom (NYSE: SKM), which has wanted…

Ken Sonenclar is a managing director at DeSilva + Phillips, LLC, a New York investment bank specializing in media. This brutal year in M&A is mercifully winding down. The global credit squeeze, deep recession, and shrinking valuations have kept deals in check. But with the economy rebooting and many big…

The South Korean government decided on Wednesday to waive a regulatory concern to allow the sale of Apple’s iPhone in the country. The decision will allow one of the world’s most closed markets for cellphones to get a taste of what the latest smartphones can do, while also giving Apple…

SK Telecom (NYSE: SKM) had such big aspirations for the U.S., and now it looks like all its efforts are for nothing. SK Telecom’s entrance into the U.S. kicked off with a bang a few years back with Helio, a joint venture with Earthlink (NSDQ: ELNK). The South Korean telecom…

IMshopping is launching a new service in beta today that allows people to comparison shop and get advice on products using Twitter. The Santa Clara, Calif.-based company is also announcing that it has received $4.7 million in a first round funding from SK Telecom (NYSE: SKM). The site was started…

Apple’s App Store influence has made its way to South Korea. Dominant carrier SK Telecom (NYSE: SKM) announced Monday that it is planning to launch its own application store, with a trial service rolling out in June before a full commercial debut in September. The carrier is developing the store…

SK Telecom (NYSE: SKM), South Korea’s dominant mobile carrier, is on the look out for new business, with $2.2 billion at its disposal over the next five years to find and invest in them, Reuters reports. With its home market saturated, and with the telco facing stagnate revenue growth, SK…

Sony (NYSE: SNE) Ericsson (NSDQ: ERIC), the world’s fourth largest handset maker, is entering the highly competitive South Korean handset market. It has partnered with domestic carrier SK Telecom (NYSE: SKM) and launched today with a version of its Xperia X1 smartphone that has been pre-loaded with the full version…

Disney (NYSE: DIS) has turned to mobile video on demand services in South Korea to see if the service can help stem the piracy of its movies and TV shows that regularly turn up for free on the internet. On Friday, Disney-ABC International Television, the studio’s international distribution arm, announced…

In this busy Mobile World Congress week, RealNetworks (NSDQ: RNWK) has made its own series of mobile-related announcements, and the one most interesting is that the digital services company has taken a minority stake in Korean telco giant SK Telecom’s digital music division “LoEn”, to jointly develop and market digital…

After being out of the spotlight for the last couple of months, while Palm (NSDQ: PALM), Android and even Windows Mobile, have gotten most of the mindshare, the LiMo Foundation fired back today with a handful of announcements before Mobile World Congress kicks off next week. The organization, committed to…

South Korea’s leading fixed line and broadband provider KT Corp will merge with wireless unit KT Freetel (KTF), the country’s second-largest mobile carrier, in a move that will allow it to bundle landline, broadband, internet TV and mobile services and ratchet up the competition on its rivals SK Telecom (NYSE:…

The South Korean cellphone market is opening up. The Korean Communications Commission lifted a three-year old rule that required internet-enabled handsets used in the country to run on a homegrown mobile platform, making way for foreign device makers such as Apple (NSDQ: AAPL) and Nokia (NYSE: NOK) to enter the…

Warner Brothers has struck a deal with Korea’s second largest carrier KTF to distribute the Hollywood studio’s movies to mobile TV in Korea, reports Variety. The service called Warner Bros. Digital Distribution rolled out Wednesday with 150 recent movies and TV series. The news follows just weeks after Warner said…

SK Telecom (NYSE: SKM) has decided not to form a joint venture or collaborate on business projects with Sprint Nextel, according to Reuters, which referenced a report in the Yonhap News. Sprint rejected a $5 billion investment by SK and a group of private equity firms in 2007, but rumors…

Virgin Mobile USA (NYSE: VM) reported stronger than expected financial results today, helped by a series of actions that took place following the company’s acquisition of Helio. It wasn’t so much Helio’s customers and it definitely wasn’t the company’s distribution system that benefited the company, but the deal allowed Virgin…

Korean operator SK Telecom (NYSE: SKM) reported third quarter net income plunged 57 percent to 333.6 billion won ($225 million), from sales of 2.9 trillion won. Profit missed analyst expectations, which had been forecasted to reach 353.7 billion won, based on a Bloomberg poll. South Korea’s dominant carrier, which has…