SEOUL, Feb. 14 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its new flagship Galaxy S23 smartphones set a new preorder record on its home turf. Preorders for the Galaxy S23 series, launched in early February, amounted to 1.09 million units, with the luxury Ultra model being the most popular. The world’s largest mobile phone [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to slap fines of 25.7 billion won (US$20 million) on Kakao Mobility Corp., the nation’s leading taxi-hailing service, for manipulating its algorithm to give more calls to cabs under its franchise. The punishment on the operator of the app, Kakao [...]
SEOUL, Feb. 13 (Korea Bizwire) — Samsung Electronics Co. said Monday it aims to broaden the use of eco-conscious materials to all its smartphone products in the coming years. The world’s largest smartphone maker said it plans to use recycled plastic materials in all its new flagship Galaxy smartphones and stop using plastics in packaging [...]
SEOUL, Feb. 8 (Korea Bizwire) — Kakao Mobility Corp., the nation’s leading taxi-hailing service, was fined Wednesday for inappropriately requiring users to agree to provide personal information to a third-party company. The Personal Information Protection Commission said it decided to impose a fine of 6 million won (US$4,760) on the company for violating the personal [...]
SEOUL, Feb. 8 (Korea Bizwire) — Meta, the parent company of Facebook and Instagram, was fined by South Korea’s data protection watchdog on Wednesday for allegedly disadvantaging its customers refusing to provide personal information. The Personal Information Protection Commission (PIPC), a central administrative body, said it decided at a plenary meeting to impose a penalty [...]
SEOUL, Feb. 8 (Korea Bizwire) — Samsung Electronics Co.’s newest Galaxy S23 flagship smartphones set a new record in India for the number of pre-orders in a single day. Raju Pullan, senior vice president of Samsung India, said that the number of pre-orders for the Galaxy S23 reached 140,000 units just 24 hours after its [...]
SEOUL, Feb. 8 (Korea Bizwire) — U.S. tech giant Apple Inc. on Wednesday confirmed that its mobile payment service Apple Pay will be launched in South Korea. “Apple will launch Apple Pay in Korea,” the company said in an e-mailed statement. But it did not elaborate on the exact timeline for the launch, saying it [...]
SEOUL, Feb. 6 (Korea Bizwire) — While Korean TV series, films and K-pop, like “Squid Game” (2021), “Parasite” (2019) and BTS, have made their presence felt in the world in recent years, demand for Korean language has exploded with many young people across the globe searching for language learning applications. A recent CNN news report [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s financial regulator said Friday that local credit card firms can introduce Apple Pay, the long-awaited mobile payment service of U.S. tech giant Apple Inc., as they have followed relevant procedures. There have been reports for months that Hyundai Card Co., a local credit card unit of Hyundai [...]
SEOUL, Feb. 2 (Korea Bizwire) — Thousands of South Korean iPhone users lost Thursday in a lawsuit seeking compensation from Apple Inc. over allegations that the company purposely slowed the performance of older models to compel users to buy new ones. The Seoul Central District Court ruled against 9,851 owners of previous iPhone models without [...]