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Samsung’s Galaxy S25 Subscription Model Gains Traction Among Young Consumers

Samsung’s Galaxy S25 Subscription Model Gains Traction Among Young Consumers

SEOUL, Feb. 11 (Korea Bizwire) — Samsung Electronics’ new subscription-based purchasing model for its Galaxy S25 series is gaining popularity, particularly among younger consumers looking for flexible smartphone upgrade options. According to Samsung on Sunday, one in five customers who pre-ordered the unlocked version of the Galaxy S25 series opted to join the New Galaxy [...]

Young South Koreans Favor Instagram While Over-50s Prefer Band, Survey Shows

Young South Koreans Favor Instagram While Over-50s Prefer Band, Survey Shows

SEOUL, Feb. 7 (Korea Bizwire) — A new survey has revealed distinct generational preferences in social media use among South Koreans, with younger users gravitating toward Instagram while those over 50 show a stronger affinity for Band. However, KakaoTalk remains the most widely used platform across all age groups. According to the “2024 Social Media User [...]

Kakao Announces Partnership with OpenAI to Use ChatGPT on Its New AI Service

Kakao Announces Partnership with OpenAI to Use ChatGPT on Its New AI Service

SEOUL, Feb. 4 (Korea Bizwire) - South Korean tech giant Kakao Corp. on Tuesday announced partnership with OpenAI to use ChatGPT on its new artificial intelligence (AI) service, joining a global alliance led by the U.S. AI company amid intensifying competition in the global AI market. “I am happy to share our partnership with OpenAI [...]

Samsung Doubles Down on AI with Galaxy S25 Series, Leaving Apple Behind

Samsung Doubles Down on AI with Galaxy S25 Series, Leaving Apple Behind

SEOUL, Jan. 24 (Korea Bizwire) — Samsung Electronics unveiled its Galaxy S25 series on January 22, introducing advanced AI features that mark a significant leap in smartphone technology. Positioned as a continuation of its AI-driven transformation that began with last year’s Galaxy S24, the new lineup further widens the gap between Samsung and its rival [...]

KakaoPay and Apple Pay Fined $5.8 Million Over Privacy Violations in South Korea

KakaoPay and Apple Pay Fined $5.8 Million Over Privacy Violations in South Korea

SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s Personal Information Protection Commission (PIPC) has imposed fines totaling 8.3 billion won ($5.8 Million) on KakaoPay and Apple Pay for transferring the personal data of approximately 40 million users to China’s Alipay without proper consent. The commission announced on Thursday that both companies violated South Korea’s Personal Information [...]

Samsung Unveils New Galaxy S25 Series with Advanced AI

Samsung Unveils New Galaxy S25 Series with Advanced AI

SEOUL, Jan. 23 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled its latest Galaxy S series smartphones, featuring more advanced on-device artificial intelligence (AI) with multimodal capabilities and personalized assistance functions. Three models of the Galaxy S25 – the Galaxy S25, Galaxy S25 Plus and Galaxy S25 Ultra — were showcased during the Unpacked [...]

Xiaomi Challenges Samsung-Apple Dominance in South Korean Smartphone Market

Xiaomi Challenges Samsung-Apple Dominance in South Korean Smartphone Market

SEOUL, Jan. 20  (Korea Bizwire) — In a move to penetrate South Korea’s tightly controlled smartphone market, Xiaomi is looking to establish its first physical store in Seoul, potentially disrupting the long-standing dominance of Samsung and Apple.  The Chinese tech giant, which recently established a Korean subsidiary, launched its first product, the Xiaomi 14T, on January [...]

Data Wholesale Prices to Be Cut to Boost Budget Mobile Market

Data Wholesale Prices to Be Cut to Boost Budget Mobile Market

SEOUL, Jan. 16 (Korea Bizwire) — The South Korean government announced on January 15 its most significant reduction in data wholesale prices in a decade as part of its 2025 telecommunications policy aimed at strengthening the competitiveness of budget mobile carriers. The Ministry of Science and ICT revealed that the wholesale data rate, which budget [...]

Samsung’s New Trade-In Program Draws Criticism Over Low Valuations

Samsung’s New Trade-In Program Draws Criticism Over Low Valuations

SEOUL, Jan. 16 (Korea Bizwire) — Samsung Electronics’ newly launched “Galaxy Easy Trade-in” program, which began on January 14, is facing a consumer backlash over what many consider to be underwhelming trade-in values for used devices.  The program, which operates through Samsung.com, allows consumers to sell their Galaxy smartphones without requiring the purchase of a new [...]