SEOUL, April 6 (Korea Bizwire) — Samsung Electronics Co. has been emphasizing the versatility of its mobile payment service, Samsung Pay, in its efforts to keep Apple Pay in check as the latter recently entered the South Korean market. “Samsung Pay was a groundbreaking change that enabled consumers to pay without having to separately subscribe [...]
SEOUL, April 3 (Korea Bizwire) — Sales of smartphones in South Korea fell 6 percent last year from a year earlier amid an economic slowdown, industry data showed Monday. Samsung Electronics Co., the world’s leading smartphone maker, saw its smartphone sales decline 2 percent on-year in its home country in 2022, while sales of Apple [...]
SEOUL, March 30 (Korea Bizwire) — A South Korean research team has developed a new smartphone app that can check the change in the amount of urine produced by analyzing the sound of urination. A joint research team from the Seoul National University Bundang Hospital and the Hallym University Sacred Heart Hospital announced on Wednesday [...]
SEOUL, March 29 (Korea Bizwire) — U.S. tech giant Apple Inc. said Wednesday it will open its fifth retail store in South Korea later this week, strengthening its presence in the country where its rival Samsung Electronics Co. is maintaining a dominant market position. Apple Gangnam will open in Seoul’s posh southern district of Gangnam [...]
SEOUL, March 27 (Korea Bizwire) — Apple Pay, the near field communication (NFC) payment service offered by U.S. tech giant Apple Inc., saw over 1 million registrations (based on token issuance) within a day of its launch. However, the impact of Apple Pay in the market is likely to be limited due to certain factors. [...]
SEOUL, March 22 (Korea Bizwire) — Kakao Mobility Corp., a mobility subsidiary of South Korea’s tech giant Kakao Corp, said Wednesday that it has acquired the British ride-hailing startup Splyt as part of its plans to go abroad. “The acquisition of Splyt is Kakao Mobility’s first overseas purchase deal,” the Korean company said in a [...]
SEOUL, March 22 (Korea Bizwire) — Apple Inc.’s long-awaited mobile payment service, Apple Pay, has finally landed in South Korea this week, some seven years after the service was first initiated in the United States. It is available in local convenience stores, supermarkets, like Lotte Department Store, and coffee shops, like Paul Bassett, starting Tuesday. [...]
SEOUL, March 21 (Korea Bizwire) – U.S. tech giant Apple Inc. on Tuesday launched its mobile payment service Apple Pay in South Korea. “Apple Pay is available from today in South Korea,” Duncan Olby, who oversees Apple Pay internationally, said in a press conference in Seoul. “Users can add their credit and debit cards on [...]
SEOUL, March 14 (Korea Bizwire) — With Apple Pay’s imminent launch in the South Korean market, Samsung Electronics Co. is pushing to join hands with Kakao following its earlier partnership with Naver Corp. According to industry sources, the tech giant is now in talks with Kakao Corp. to mutually integrate mobile payment services between Samsung [...]
SEOUL, March 9 (Korea Bizwire) — The number of Facebook users in South Korea fell to a record low last month as a growing number of young people opted to use Instagram and other social media platforms, industry data showed Thursday. Facebook had a combined 9.79 million South Korean monthly active users (MAU) on the [...]