SEOUL, May 4 (Korea Bizwire) — Consumers are now being charged billions of won every year after streaming services decided to raise the prices of their subscription fees, ever since Google Inc. forced in-app purchases onto consumers, a lawmakers said Tuesday. Independent Rep. Yang Jung-suk reported that some 12.55 million monthly active users subscribed to [...]
SEOUL, April 29 (Korea Bizwire) — Samsung Electronics Co. retook the top spot in the global smartphone market from Apple Inc. in the first quarter of 2022, data showed Friday. The South Korean tech giant shipped 74 million units of smartphones over the January-March period, up 7 percent from the previous quarter and down 3 [...]
SEOUL, April 26 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy Z Flip3 Pokemon Edition sold out within minutes of its release in South Korea, tracking the recent runaway success of the Pokemon sticker-bread duo on the company’s home turf, the company’s website has showed. The special edition of Samsung’s popular foldable phone comes with Pokemon [...]
SEOUL, April 12 (Korea Bizwire) — Samsung Electronics Co. plans to expand its eco-friendly project by using recycled parts for maintenance, as the company decided to use recycled materials for the production of smartphones. The tech giant plans to introduce a new “manufacturer-certified recycled materials program” early this year for all smartphone repairs and provide [...]
SEOUL, April 12 (Korea Bizwire) — Food delivery app owner Woowa Brothers saw its sales nearly double in 2021 from a year earlier as the prolonged COVID-19 pandemic pushed up demand for food deliveries. Woowa Brothers posted 2.008 trillion won (US$1.62 billion) in sales on a consolidated basis last year from 1.033 trillion won a [...]
SEOUL, April 11 (Korea Bizwire) — A growing number of consumers are complaining about voice call dropping or sound quality issues with some of Samsung Electronics Co.’s Galaxy S22 smartphones, as the tech giant recently found itself in hot water over the performance-throttling Game Optimization Service in the latest Galaxy S series. According to industry [...]
SEOUL, April 7 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing firm, said Thursday that it will invest 50 billion won (US$41 million) to support its business partners to spearhead shared growth. The investment is part of a 300 billion-won fund created by its parent firm, internet giant Kakao Corp., to support small [...]
SEOUL, April 6 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Wednesday it will spend 300 billion won (US$246 million) over the next five years to support small business partners. The project, as part of its long-term strategy named Beyond Korea, is aimed at assisting business owners so [...]
SEOUL, April 6 (Korea Bizwire) — Samsung Electronics Co. said Wednesday the sales of its latest Galaxy S series are expected to surpass 1 million units in South Korea later this week, two weeks faster than its predecessor did. The Galaxy S22 series was launched on Feb. 25 with three models — the Galaxy S22, [...]
SEOUL, April 5 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing firm, on Monday unveiled how its artificial intelligence (AI) taxi allocation system works via its official website. The site shows how each cab is hailed in various scenarios, how the AI uses a designated forecast model to reach customers faster, as well [...]