SEOUL, June 10 (Korea Bizwire) — LG Electronics Inc. on Thursday unveiled a mobile application for pedestrian safety as the South Korean tech giant eyes to beef up its presence in the software sector despite its planned departure from the smartphone business. The Soft V2X, with V2X standing for “vehicle to everything,” is LG’s smartphone [...]
SEOUL, June 3 (Korea Bizwire) — Apple Inc. facilitated nearly US$15 billion in billings and sales in South Korea last year, according to a report released by the company Thursday, unveiling the figure for the country for the first time. The report from the U.S.-based Analysis Group found that Apple’s App Store facilitated $14.9 billion [...]
SEOUL, June 1 (Korea Bizwire) — ONE store, a South Korean app market operator, said Tuesday it received a combined 17 billion won (US$15 million) in funding from Microsoft Corp. and the venture capital arm of Deutsche Telekom as it prepares to go public later this year. Microsoft will invest 11.3 billion won in the [...]
SEOUL, May 31 (Korea Bizwire) — Mobile users on 5G networks in South Korea reached over 15 million last month, data showed Monday, as telecom operators race to acquire more users on the latest generation networks. As of the end of April, 5G subscriptions stood at 15.15 million, accounting for 21.25 percent of the total [...]
SEOUL, May 28 (Korea Bizwire) — The South Korean unit of Apple Inc. will run a trade-in program to woo LG Electronics Inc.’s smartphone users, industry insiders said Friday, in a move to expand its presence on the home turf of Samsung Electronics Co., the world’s largest smartphone vendor. Apple’s smartphone exchange scheme with local [...]
SEOUL, May 25 (Korea Bizwire) — With the persisting spread of the coronavirus pandemic, ride-sharing electric scooter hailing apps, over-the-top (OTT) service platforms, and second-hand shopping apps have risen as the most installed apps among smartphone users. The ‘2021 App Trend Report’ released on Monday by NHN Corp., South Korea’s leading game and internet company, [...]
SEOUL, May 21 (Korea Bizwire) — Navigation systems are evolving beyond the functionality of providing directions to drivers towards car-related life platforms. Kakao Mobility Corp., the operator of the nation’s No. 2 navigation service Kakaonavi, recently signed a development cooperation deal with the state-run utility Korea Electric Power Corp. to introduce an all-in-one function that [...]
BUSAN, May 21 (Korea Bizwire) — The Footwear Industrial Promotion Center of the Busan Economic Promotion Agency, together with local startup K-Nets & ENG Co., has jointly released a new augmented reality (AR)-based application that enables users to virtually try on a variety of shoes. With the new SHOEDOG app, consumers can try on shoes [...]
SEOUL, May 20 (Korea Bizwire) — Blind, an anonymous community app for the workplace, recently succeeded in attracting a significant amount of funding. The private conversations of Korean office workers served as one of primary factors for the rapid growth of Blind, founded by a Korean entrepreneur Moon Sung-uk. TeamBlind Inc., the operator of the [...]
SEOUL, May 18 (Korea Bizwire) — Audio-based social networking service Clubhouse will launch on Google’s Android operating system in South Korea this week, its U.S.-based developer Alpha Exploration Co. said Tuesday, in a move to expand its growing user base. While the app had previously been available only on iPhones, the company said it will [...]