SEOUL, Jan. 29 (Korea Bizwire) — Samsung Electronics Co. said Friday its new flagship smartphone line has been officially launched globally as the South Korean tech giant hopes its latest handsets can drive the company’s mobile business amid fierce challenges from its rivals. Sales of the Galaxy S21 series have started in 60 countries, including [...]
SEOUL, Jan. 28 (Korea Bizwire) — South Korean mobile carriers are launching unmanned stores and expanding their online retail platforms as the COVID-19 pandemic limits in-person contact and accelerates the use of virtual services. KT Corp. said Thursday it launched its first unmanned store equipped with digital kiosks for customers to buy phones and switch [...]
SEOUL, Jan. 28 (Korea Bizwire) — Samsung Electronics Co. dropped to the second spot in the global smartphone market in the fourth quarter of 2020, a report showed Thursday, as Apple Inc. outshined other companies on the back of its new iPhone 12 series. Samsung shipped 73.9 million smartphones in the October-December period, up 6.2 [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korean telecom operators are divesting their non-core businesses, from baseball to radio communications, amid a shift in the local telecom market toward new tech services. On Tuesday, SK Telecom Co., the country’s largest wireless carrier, said it agreed to sell its baseball franchise SK Wyverns to local retail [...]
SEOUL, Jan. 27 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday it has started testing standalone 5G on its commercial network in its latest push for 5G technology. Currently, South Korean mobile carriers operate the non-standalone version of the latest generation network, requiring support from the previous 4G LTE network. [...]
SEOUL, Jan. 27 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its fitness app with advanced health tracking features will soon be available in 31 new countries as the South Korean tech giant tries to expand its health service amid the pandemic. The world’s largest smartphone maker said the Samsung Health Monitor app received a [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it will invest 165.5 billion won (US$150 million) this year to develop new business-focused technology that incorporates 5G, such as self-driving cars and virtual reality (VR) services, in a move to boost the country’s use of the latest generation network. While local 5G [...]
SEOUL, Jan. 25 (Korea Bizwire) — Sales of Samsung Electronics Co’s new smartphone line, the Galaxy S21, are expected to reach 2.4 million units this year in South Korea, a report showed Monday, as the tech giant tries to expand its presence against Apple Inc.’s iPhone 12. Galaxy S21 sales are estimated to be 40 [...]
SEOUL, Jan. 23 (Korea Bizwire) — LG Electronics Inc. can improve its corporate value by restructuring its money-losing mobile business, analysts here said Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era. LG Electronics on Wednesday announced that its mobile communications (MC) unit is open [...]
SEOUL, Jan. 21 (Korea Bizwire) — With Walt Disney Co.’s flagship streaming service Disney+ soon to hit the South Korean market, telecom operators are speeding up to compete over partnership. The country’s three major mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — have all been reported to be engaged in [...]