SEOUL, March 9 (Korea Bizwire) — Samsung Electronics Co. is expected to recapture the top spot in global smartphone production in the first quarter of the year, a report showed Tuesday, with the release of its new flagship smartphone. The South Korean tech giant is estimated to produce 62 million smartphones in the January-March period [...]
SEOUL, March 9 (Korea Bizwire) – LG Electronics Inc., a major home appliance maker in South Korea, said Tuesday it has won a patent infringement suit against Chinese electronics giant TCL over mobile technology-related patent infringement. A district court in Mannheim, Germany, recently ruled in favor of LG Electronics in one of three LTE standard [...]
SEOUL, March 8 (Korea Bizwire) — Samsung Electronics Co. said Monday it will release a new 5G budget smartphone in South Korea this week to expand its dominant status on home turf. Samsung said the Galaxy A42 5G smartphone will be launched here Friday with a price tag of 449,900 won (US$400), the cheapest among [...]
SEOUL, March 5 (Korea Bizwire) – Samsung Electronics Co. on Friday introduced a new smartphone with high durability designed to meet the needs of those working outdoors or in factories. “The Galaxy XCover 5, designed to withstand “tough work environments, is a device that addresses the challenges employers in the field often face, from ensuring [...]
SEOUL, March 4 (Korea Bizwire) — Samsung Electronics Co. said on Thursday it achieved the industry’s fastest download speed with an advanced telecommunications technology using both 5G and 4G LTE base stations. In a demonstration carried out in Suwon, south of Seoul, the company achieved 5.23 gigabits per second (Gbps) in data speeds, which is [...]
SEOUL, March 3 (Korea Bizwire) — Samsung Electronics Co. further expanded its presence in the Latin American smartphone market last year to cement its leading status amid the novel coronavirus pandemic, a report showed Wednesday. The South Korean tech giant accounted for 40.5 percent of smartphone shipments in Latin America in 2020, up from 38 [...]
SEOUL, March 3 (Korea Bizwire) — Major South Korean telecom operators KT Corp. and LG Uplus Corp. said Wednesday they invested a total of 26 billion won (US$23.1 million) for a minority stake in the homegrown app market ONE store, bolstering the smaller local rival to Google’s Play store. KT has invested 21 billion won [...]
SEOUL, March 3 (Korea Bizwire) — A large number of South Korean mobile app developers experienced unfair transaction practices from mobile app stores including the Google Inc.’s Play store and Apple Inc.’s App Store, the antitrust regulator said Tuesday. The Korea Fair Trade Commission carried out a fact-finding survey with 500 local mobile and accommodation [...]
SEOUL, Feb. 28 (Korea Bizwire) — South Korean telecom companies are stepping up efforts in sustainable energy projects, as they join the country’s broader push for renewable energy and commit more to environmental, social and corporate governance (ESG) initiatives. Last Monday, top mobile carrier SK Telecom Co. said it signed a deal with state-backed utility [...]
SEOUL, Feb. 26 (Korea Bizwire) – South Korea’s 5G subscriptions jumped by over one million for the first time last month to reach nearly 13 million users, data showed Friday. The country’s 5G subscriptions reached 12.87 million as of end-January, up 1.02 million from the previous month, according to the data from the Ministry of [...]