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S. Korean Smartphones Sales Drop 18 pct in Q1 on Coronavirus Fallout

S. Korean Smartphones Sales Drop 18 pct in Q1 on Coronavirus Fallout

SEOUL, June 2 (Korea Bizwire) — South Korean smartphones sales plunged 18 percent in the first quarter from the previous three-month period on the fallout caused by the novel coronavirus outbreak, a market researcher said Monday. According to Counterpoint Research, the domestic mobile phone market, which was expected to post solid growth with the launch [...]

Samsung’s Mobile Biz May Benefit from U.S. Ban on Huawei

Samsung’s Mobile Biz May Benefit from U.S. Ban on Huawei

SEOUL, May 19 (Korea Bizwire) — Samsung Electronics Co.’s mobile business may benefit from the recent U.S. ban on Chinese tech giant Huawei Technologies Co., analysts here said Tuesday, amid its efforts to recover from the fallout from the novel coronavirus pandemic. The United States recently announced that it will block foreign chipmakers using American [...]

Home Appliance Makers Vying for Water Dispenser-embedded Fridge Market

Home Appliance Makers Vying for Water Dispenser-embedded Fridge Market

SEOUL, May 14 (Korea Bizwire) — South Korea’s home appliance makers are entering a heated battle over refrigerators with water dispensers after they recently released products highlighting advanced sterilization systems and smart control solutions. LG Electronics Inc., Samsung Electronics Co. and Winia Dimchae Co. are all vying for the top position in the segment. LG [...]

Regulator Again Rejects Apple’s Measures over Alleged Violation of Competition Law

Regulator Again Rejects Apple’s Measures over Alleged Violation of Competition Law

SEJONG, May 14 (Korea Bizwire) — South Korea’s antitrust regulator said Thursday it has again rejected voluntary corrective measures by Apple Inc.’s Korean unit over its alleged violation of competition law. Apple Korea is suspected of having required Korean mobile phone carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — to pay [...]

SK Telecom, Samsung Unveil 5G Smartphone with Quantum-safe Crypto Solution

SK Telecom, Samsung Unveil 5G Smartphone with Quantum-safe Crypto Solution

SEOUL, May 14 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, on Thursday introduced a 5G smartphone highlighting quantum-safe cryptography solution in cooperation with Samsung Electronics Co. The Galaxy A Quantum will be the world’s first 5G smartphone with quantum random number generator (QRNG) chipset that ensures better mobile communication security, according [...]

LG Pins High Hopes on New Smartphone Velvet, Eyes End to Mobile Biz Slump

LG Pins High Hopes on New Smartphone Velvet, Eyes End to Mobile Biz Slump

SEOUL, May 7 (Korea Bizwire) — LG Electronics Inc. on Thursday launched its new smartphone, highlighting fresh design features, as the South Korean tech firm hopes the latest handset can end a long slump in its mobile business. LG Velvet was officially unveiled through an online event amid the novel coronavirus pandemic, with celebrities introducing [...]

Samsung to Start Preorders for Galaxy Z Flip Gold Edition

Samsung to Start Preorders for Galaxy Z Flip Gold Edition

SEOUL, May 3 (Korea Bizwire) — Samsung Electronics Co. said Sunday it will start accepting preorders for a gold-colored edition of its latest foldable smartphone that hit shelves in February. The South Korean tech giant said it will receive preorders for the new vertically-folding smartphone starting Monday, ahead of the official release on Wednesday. The [...]