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 [...]
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 [...]
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 [...]
SEOUL, May 4 (Korea Bizwire) — The home appliance industry is engaged in fierce marketing competition, targeting customers staying at home amid the outbreak the novel coronavirus. The recent marketing blitz is part of efforts to make up for the decline in demand in the home appliance market by targeting consumers who want to enjoy [...]
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 [...]
SEOUL, May 1 (Korea Bizwire) — LG Electronics Inc. outpaced its U.S. rival Whirlpool Corp. in terms of sales in the first quarter of 2020, data showed Friday, on the back of the robust performance of its premium home appliance business division. U.S. home appliance maker Whirlpool posted an operating profit of US$260 million in [...]
SEOUL, April 28 (Korea Bizwire) — Samsung Electronics Co. said a 5G version of its mid-range smartphone will be launched in South Korea next week as the company targets boosting its presence in the 5G handset market. Samsung said the Galaxy A51 5G will go on sale here on May 7, with online preorders starting [...]
SEOUL, April 28 (Korea Bizwire) — LG Electronics Inc. on Tuesday unveiled specifications of its new smartphone ahead of its official launch event as the South Korean tech firm aims to boost its handset sales amid the novel coronavirus pandemic. LG is scheduled to introduce its mass-market premium smartphone LG Velvet on May 7 through [...]
SEOUL, April 21 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its blood pressure monitoring mobile application has earned medical device approval in South Korea. The Ministry of Food and Drug Safety has granted the Software as a Medical Device (SaMD) license to its health monitoring app, according to Samsung. The software leverages a smartwatch’s [...]
SEOUL, April 19 (Korea Bizwire) — Sales of Samsung Electronics Co.’s latest flagship series Galaxy S20 are hovering below those of its predecessor as the global new coronavirus pandemic has led to a slump in demand for consumer products, industry sources said Sunday. The local sales of the Galaxy S20 series, which comes in three [...]