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Galaxy Fold Ranked as 19th-best Smartphone by Consumer Reports

Galaxy Fold Ranked as 19th-best Smartphone by Consumer Reports

SEOUL, Nov. 8 (Korea Bizwire) — Despite its innovative functions and design, Samsung Electronics Co.’s Galaxy Fold was ranked as the 19th-best smartphone by U.S. Consumer Reports due to its bulky design and weak internal durability. Samsung’s first foldable device scored 85 points in the smartphone reviews by the influential American consumer magazine, behind the [...]

Massive Popularity of iPhone 11 Pushes Mobile Carriers to Clear Out LTE Phones from Samsung, LG

Massive Popularity of iPhone 11 Pushes Mobile Carriers to Clear Out LTE Phones from Samsung, LG

SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]

Monthly Data Usage of 5G Smartphone Users Hits Record High in Sept.

Monthly Data Usage of 5G Smartphone Users Hits Record High in Sept.

SEOUL, Nov. 3 (Korea Bizwire) – The monthly data usage by users of smartphones running on fifth-generation (5G) networks reached a record high in September, data showed Sunday amid the growing demand for mobile content. The combined amount of data used by South Korean users of 5G mobile devices reached 87,928 terabytes (TB), according to [...]

LG Uplus Q3 Net Dips 32.1 pct on 5G Investment

LG Uplus Q3 Net Dips 32.1 pct on 5G Investment

SEOUL, Nov. 1 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday its net profit dropped 32.1 percent in the third quarter from a year earlier due to increased spending for 5G infrastructure buildup and marketing. Net profit stood at 104.5 billion won (US$89.5 million) in the July-September period, compared [...]

Majority of 5G Users Dissatisfied with Limited Coverage

Majority of 5G Users Dissatisfied with Limited Coverage

SEOUL, Oct. 31 (Korea Bizwire) — It has been six months since 5G was commercialized, and many users are still not satisfied with the service. According to a survey of 180 5G users by three civic groups including the People’s Solidarity for Participatory Democracy, 76.6 percent said they were dissatisfied, including those who were very [...]

SK Telecom Q3 Net Dips 73.9 pct on Equity Losses

SK Telecom Q3 Net Dips 73.9 pct on Equity Losses

SEOUL, Oct. 31 (Korea Bizwire) — SK Telecom Co. said Thursday its third-quarter net income plunged due to equity losses of its chip-making subsidiary, while its operating profit remained mostly unchanged from the previous year. Its net income tumbled 73.9 percent to 274.4 billion won (US$236 million) in the July-September period compared with a year [...]

LG Electronics Q3 Net Down 30.5 pct on Sluggish Mobile Biz

LG Electronics Q3 Net Down 30.5 pct on Sluggish Mobile Biz

SEOUL, Oct. 30 (Korea Bizwire) — LG Electronics Inc. said Wednesday its third-quarter net profit dropped 30.5 percent from a year earlier due to its lackluster mobile business. The South Korean electronics maker said its net earnings stood at 345.7 billion won (US$296 million) in the July-September period, compared with 497.1 billion won a year [...]