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Premium Smartphones Take up Less Than 30 Pct of Samsung’s Phone Sales: Data

Premium Smartphones Take up Less Than 30 Pct of Samsung’s Phone Sales: Data

SEOUL, March 27 (Korea Bizwire) – High-end smartphones took up less than 30 percent of Samsung Electronics Co.’s combined sales of handsets, data showed Monday, although the figure is expected to rebound after the launch of the tech giant’s upcoming new flagship model this week.  According to the data compiled by Hana Financial Investment Co., [...]

LG Expresses Strong Confidence in Safety of G6 Battery

LG Expresses Strong Confidence in Safety of G6 Battery

SEOUL, Mar. 27 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. unveiled its test lab to the public for the first time to reassure customers of the safety of its flagship smartphone G6 and its battery, industry watchers said Sunday. The company last week took the press on a tour of its smartphone [...]

Electronic Payments Hit Record High in 2016

Electronic Payments Hit Record High in 2016

SEOUL, Mar. 23 (Korea Bizwire) — The amount of payments made electronically hit a record high in 2016, central bank data showed Wednesday, underscoring the growing trend of South Koreans using electronic means for financial transactions. The daily average amount of electronic financial transactions came to 343.5 billion won (US$306 million) in 2016, up 36.1 [...]

LG’s G6 Sells over 30,000 in S. Korea in Just 2 Days

LG’s G6 Sells over 30,000 in S. Korea in Just 2 Days

SEOUL, March 12 (Korea Bizwire) – LG Electronics Inc. said Sunday that its latest high-end smartphone, the G6, has sold over 30,000 units in just two days since its debut here, heralding better-than-expected sales down the road. LG Electronics began selling the G6 in South Korea on Friday, as it seeks to revive its money-losing [...]

Mobile Devices More Popular Than Desktop PCs for Korean Online Shoppers

Mobile Devices More Popular Than Desktop PCs for Korean Online Shoppers

SEOUL, Mar. 7 (Korea Bizwire) – Over half of South Korean consumers now shop online through a mobile device, rather than a desktop computer, according to Statistics Korea. In January of this year, online shopping through mobile devices accounted for more than 58 percent of all online sales in South Korea, the highest percentage since records [...]