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Samsung Expected to Sell 45 Mln Units of Galaxy S6 Series, Far below Expectations

Samsung Expected to Sell 45 Mln Units of Galaxy S6 Series, Far below Expectations

SEOUL, June 22 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics is anticipated to sell 45 million units of its latest in the flagship Galaxy smartphone line in 2015, a news report said Monday, falling behind earlier market expectations. Samsung started official sales of the Galaxy S6 series on April 10. The Galaxy S6 boasts [...]

Korean Smartphone Users Most Content with iPhone, Followed by LG and Samsung Phones

Korean Smartphone Users Most Content with iPhone, Followed by LG and Samsung Phones

SEOUL, June 19 (Korea Bizwire) — Korean consumers are most frequently content with Apple‘s iPhone, while LG Electronics‘ smartphones and Samsung’s Galaxy series came in second and third respectively, according to a report from Consumer Insight published on June 18. Korean consumers who purchased smartphones within the past 6 months rated their phones in terms [...]

Pantech Gets Chance to Rebuild Its Business Escaping from Liquidation

Pantech Gets Chance to Rebuild Its Business Escaping from Liquidation

SEOUL, June 17 (Korea Bizwire) — A court decision that gave approval to a local consortium’s bid to acquire Pantech will likely give the embattled handset maker an opportunity to rebuild its business after its recent sale attempts fell through due to lack of interest, market watchers said Wednesday. The Seoul Central District Court on [...]

LG Uplus to Exempt MERS-Affected Customers from Paying Phone Charges for June

LG Uplus to Exempt MERS-Affected Customers from Paying Phone Charges for June

SEOUL, Jun. 16 (Korea Bizwire) – LG Uplus is set to exempt its customers in isolation for or under treatment for the MERS virus from paying their phone charges for the month of June. The company will also provide customers with unlimited data usage for the month, according to an announcement on June 15. The company [...]

LG UPlus to Help Authorities Track MERS Patients through Cell Phones

LG UPlus to Help Authorities Track MERS Patients through Cell Phones

SEOUL, Jun. 9 (Korea Bizwire) — LG Uplus is set to provide a cell-phone position tracking service to help the Korean government locate the whereabouts of individuals suspected to have the MERS virus, as health authorities are determined to mobilize all measures to contact and manage individuals under suspicion. According to the Ministry of Health [...]

Compensation System to Stop Phone Sellers’ Illegal Subsidies to be Modified

Compensation System to Stop Phone Sellers’ Illegal Subsidies to be Modified

SEOUL, Jun. 4 (Korea Bizwire) — Phoneparazzi, a compensation system to hunt down phone sellers who illegally give monetary support to customers, will be modified to draw compensation money from both mobile distributors and telecommunications carriers. First introduced in June 2014, the Phoneparazzi system has been run by money solely provided by distributors. Anyone who [...]

KT to Collaborate with Nokia, Ericsson to Lead 5G Network Development

KT to Collaborate with Nokia, Ericsson to Lead 5G Network Development

“With the cooperation of Nokia and Ericsson, world-renowned communications equipment manufacturers, KT will lead the development of core technology for the 5G era. As a corporation of people, we will be well-prepared to offer the world’s first 5G mobile service at the Pyeongchang Winter Olympic Games in 2018.” - Hwang Chang-gyu, KT Chairman SEOUL, June [...]