SEOUL, Aug. 25 (Korea Bizwire) — A South Korean watchdog on personal information protection on Wednesday fined major foreign platform service providers nearly 6.7 billion won (US$5.7 million) over privacy violations. The Personal Information Protection Commission meted out the penalty against Facebook, Netflix and Google and ordered them to fix the problems following its probe. [...]
SEOUL, Aug. 25 (Korea Bizwire) — SK Telecom Co. on Wednesday introduced a new subscription platform that covers various areas of services as South Korea’s leading mobile carrier eyes to expand its presence in the subscription market. With the launch of its subscription brand T Universe, SK Telecom said it aims to have 36 million [...]
SEOUL, Aug. 25 (Korea Bizwire) — A parliamentary committee on Wednesday passed a bill to ban Google and Apple from forcing app developers to use the platforms’ payment systems, clearing the last remaining hurdle before a final vote. The legislation and judiciary committee of the National Assembly approved the revision of the Telecommunications Business Act, [...]
SEOUL, Aug. 24 (Korea Bizwire) — Preorders for Samsung Electronics Co.’s new foldable smartphones have topped 800,000 units in South Korea, industry sources Tuesday, as the tech giant eyes to mainstream the foldable category with lower prices. An estimated 600,000 units of the Galaxy Z Fold3 and the Galaxy Z Flip3 were preordered through local [...]
SEOUL, Aug. 23 (Korea Bizwire) — One store, a South Korean app market operator, said Monday it has joined hands with Microsoft Corp. to develop a global app market by next year in its latest move to boost its presence against bigger rivals operated by global tech giants. The app market is currently available on [...]
SEOUL, Aug. 16 (Korea Bizwire) — Users of Samsung Electronics Co.’s foldable smartphones have different interests, according to a recent data analysis. Galaxy Fold users tend to enjoy golf and electric vehicles, while Galaxy Z Flip users are interested in fashion, beauty and social media. SK Telecom Co., South Korea’s top wireless carrier, analyzed user [...]
SEOUL, Aug. 12 (Korea Bizwire) — Samsung Electronics Co’s foldable smartphone shipments are expected to be around 7 million units this year, about three times more compared to a year earlier, analysts here said Thursday, as its new models come with cheaper price tags even with upgraded features. Samsung unveiled the Galaxy Z Fold3 and [...]
SEOUL, Aug. 12 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will use recycled material in all of its new mobile products by 2025 as the South Korean tech giant vowed to minimize environmental impact. Samsung unveiled its new sustainable vision for the mobile business, “Galaxy for the Planet,” at its Unpacked event Wednesday, [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. on Wednesday unveiled two new foldable smartphones with upgraded features at cheaper prices as the South Korean tech giant tries to beef up its leading position in the handset market by mainstreaming the foldable category. The Galaxy Z Fold3 and the Galaxy Z Flip3, available in [...]
SEOUL, Aug. 11 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Wednesday its second-quarter net income rose 84 percent on-year thanks to gains in its equity ties with its chip-making affiliate SK hynix Inc. and growth in 5G users. Net income stood at 795.7 billion won (US$689.2 million) in the April-June [...]