SEOUL, Aug. 24 (Korea Bizwire) — The newly released phablets by South Korea’s top tech giant Samsung Electronics are expected to revitalize the company’s ailing handset returns, with more than 75,000 units being sold in the first three days of their debut, industry data showed Sunday. The Galaxy Note 5 and the Galaxy S6 Edge+, the larger edition [...]
SEOUL, Aug. 18 (Korea Bizwire) – Korean smartphone makers floundering between Apple and Xiaomi need to reinforce their premium phone line ups rather than pushing low-end phones, a report has recommended. According to a report released by the KT Economic Management Research Institute on August 18, titled “Strategies to Make Premium Smartphones,” Korean smartphone makers like Samsung [...]
SEOUL, Aug. 16 (Korea Bizwire) — Samsung Electronics plans to launch its two new phablets in South Korea this week to coincide with the commercial start of a mobile payment service on its home turf, a company executive said Saturday. Samsung, the world’s largest smartphone maker, showcased the Galaxy Note 5 and Galaxy S6 Edge+ phablets, or a [...]
SEOUL, Aug. 11 (Korea Bizwire) – South Korea’s information and communications technology (ICT) sector has the largest portion of the value added against other segments among the Organization for Economic Cooperation and Development (OECD) members, thanks to its strength in electronics and optical productions, a report showed Tuesday. Asia’s fourth-largest economy came first with the value [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics topped smartphone markets around the globe, except for in North America, in the second quarter on robust sales of low- to mid-end devices, data showed Monday. Samsung stood as the top seller of smartphones in the European, Latin American, Asia-Pacific, Middle East [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korea’s No. 2 tech giant LG Electronics is set to join forces with U.S. Google for a smartphone with an Android-based payment system, industry sources said Thursday, commencing its struggle to catch up to rivals. LG Electronics is anticipated to showcase Google’s next Nexus smartphone in October, according to the sources. [...]
SEOUL, Aug. 5 (Korea Bizwire) — South Korean smartphone users change their devices every 14 months, with teens changing their handsets in less than a year, a poll showed Wednesday. According to the survey conducted by the Korea Information Society Development Institute (KISDI), South Koreans on average used their handsets for 19 months, but those [...]
SEJONG, July 31 (Korea Bizwire) – Asking consumers to pay over 300,000 won before repairs of broken iPhones had been completed has been judged to be unjustified. The Fair Trade Commission (FTC) advised six Apple service centers to change their policies, which were said to be unfair to consumers. As a result, the service centers must [...]
SEJONG, July 30 (Korea Bizwire) — South Korea’s antitrust watchdog ordered six local iPhone repair companies Thursday to change their customer service rules that unfairly restrict the rights of users. UBase, Peach Valley, Beyond Tech and three other firms cited for unfair practices are all official repair companies authorized by tech giant Apple to service its [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics reported a near 8 percent drop in second-quarter net profit Thursday as its smartphone business continued to suffer in the face of stiff competition from Chinese rivals. Net income came to 5.75 trillion won (US$4.95 billion) in the April-June period, 7.97 percent down from 6.25 trillion won a [...]