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World IT Event to Showcase Latest Devices, Technologies

World IT Event to Showcase Latest Devices, Technologies

SEOUL, May 23 (Korea Bizwire) – South Korea’s largest consumer electronics and technology trade fair will kick off in Seoul later this week to showcase the latest mobile gadgets and telecommunications technologies, the ICT ministry said Tuesday.  The World IT Show, hosted by the Ministry of Science, ICT and Future Planning, will kick off Wednesday [...]

South Korean Video Streaming Platforms Struggle to Catch Up With YouTube

South Korean Video Streaming Platforms Struggle to Catch Up With YouTube

SEOUL, May 23 (Korea Bizwire) – The latest data from market analyst DMC Media has revealed that YouTube was still the most popular video streaming platform on mobile devices in South Korea, chosen by 42.8 percent of 1,000 study participants in April, which was up from the 38 percent observed last year.  YouTube outstripped its [...]

Pantech Transferred 230 U.S. Intellectual Property Rights to Patent Control Entity

Pantech Transferred 230 U.S. Intellectual Property Rights to Patent Control Entity

SEOUL, May 22 (Korea Bizwire) — Pantech Co. South Korea’s smallest smartphone manufacturer that recently announced it will suspend production of mobile devices, turned over 230 U.S. patents to another company, official data showed Sunday. Information provided by the United States Patent and Trademark Office (USPTO) showed that Patech, owned by Solid Inc. a local [...]

China Expands Presence in Indian Handset Market, Threatens Samsung

China Expands Presence in Indian Handset Market, Threatens Samsung

SEOUL, May 18 (Korea Bizwire) – Chinese tech companies are gradually expanding sales in India, industry data showed Thursday, and starting to threaten Samsung Electronics Co., which is currently the leading player in the subcontinent.  According to the industry tracker Strategy Analytics, China-based Vivo sold 1.9 million handsets in the first quarter in India, accounting [...]

S. Korea Raises Cybersecurity Alert against WannaCry Attack

S. Korea Raises Cybersecurity Alert against WannaCry Attack

SEOUL, May 15 (Korea Bizwire) — South Korea raised its cybersecurity alert on Sunday amid growing concerns about the WannaCry ransomware cyberattack that has spread across the world. The Korea Internet & Security Agency said four companies have reported to the state computer security agency that they were affected by the malicious software over the [...]

Controversies Linger as Samsung Plans on Selling Refurbished Galaxy Note 7s

Controversies Linger as Samsung Plans on Selling Refurbished Galaxy Note 7s

SEOUL, May 15 (Korea Bizwire) — While Samsung Electronics Co. plans to sell refurbished models of the ill-fated Galaxy Note 7 smartphone in the near future, controversies surrounding the troubled model still linger, especially in terms of safety requirements, according to market watchers Saturday. The South Korean tech giant said in March that it plans [...]

Public Cheers as Incoming President Cracks Down on Telecom Charges

Public Cheers as Incoming President Cracks Down on Telecom Charges

SEOUL, May 12 (Korea Bizwire) – As Moon Jae-in was sworn into office as the 19th president of South Korea earlier this week, a pledge made during his campaign to scrap what is widely known as minimum phone bill charges has come back into the spotlight, a policy many voters viewed favorably amid a record high [...]

South Koreans Spent 5.6 Billion Minutes on Facebook in April

South Koreans Spent 5.6 Billion Minutes on Facebook in April

SEOUL, May 12 (Korea Bizwire) – South Koreans spent 5.6 billion minutes on Facebook last month, topping the list amongst all social media apps, according to the latest report from WiseApp. The app analytics company based its study on 23,663 Android users in the country, excluding iPhone users. Following Facebook was Naver’s Band, a mobile [...]