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LG U+ and SK Telecom Achieve Top Marks in User Protection, While Apple and Meta Lag Behind

LG U+ and SK Telecom Achieve Top Marks in User Protection, While Apple and Meta Lag Behind

SEOUL, Mar. 14 (Korea Bizwire) – In the latest assessment of telecom operators’ efforts to protect users, LG U+ and SK Telecom have set a high standard by receiving the highest rating of “Outstanding.” In contrast, Apple’s App Store and Meta have struggled to improve, maintaining the lowest rating of “Poor” for another year. The evaluation, [...]

Apple Prices Soar as Import Restrictions Foil Inflation Measures

Apple Prices Soar as Import Restrictions Foil Inflation Measures

SEOUL, Mar. 6 (Korea Bizwire) – Despite the significant increase in fruit and vegetable prices, government interventions to regulate import quantities as a means to manage inflation are not feasible for apples, which have seen substantial price hikes, earning them the nickname “golden apples.” The stringent quarantine system is the primary barrier. According to the Korea [...]

Apple Production Plunges, Prices Soar Amid Shrinking Orchards

Apple Production Plunges, Prices Soar Amid Shrinking Orchards

SEOUL, Mar. 4 (Korea Bizwire) – The South Korean apple industry faces significant challenges, with a 30% reduction in last year’s apple production causing prices to skyrocket. Further compounding the issue, a report released on March 2 by the Korea Rural Economic Institute predicts a 8.6% decrease in apple cultivation areas over the next decade. According [...]

Apple Tumblers Spark Frenzy in South Korea as Crowds Flock to New Hanam Store

Apple Tumblers Spark Frenzy in South Korea as Crowds Flock to New Hanam Store

SEOUL, Dec. 12 (Korea Bizwire) – Commemorative tumblers featuring Apple’s iconic logo sporting a blue wave motif have taken South Korea by storm. These limited-edition tumblers were distributed on a first-come, first-served basis during the grand opening of the Apple Hanam store in Gyeonggi Province, the company’s sixth store in the country, on December 9.  A [...]

S. Korea Seeks 68 Bln Won of Fines on Google, Apple for In-app Billing Irregularities

S. Korea Seeks 68 Bln Won of Fines on Google, Apple for In-app Billing Irregularities

SEOUL, Oct. 6 (Korea Bizwire) — South Korea’s telecommunications regulator said Friday it seeks to slap up to 68 billion won (US$50.42 million) in combined fines against Alphabet Inc’s Google and Apple Inc. for their violation of the country’s in-app payment laws. In August 2022, the Korea Communications Commission (KCC) launched a probe into Google [...]

Apple’s Vision Pro Likely to Accelerate Samsung’s Race in XR Eyewear Biz

Apple’s Vision Pro Likely to Accelerate Samsung’s Race in XR Eyewear Biz

SEOUL, June 7 (Korea Bizwire) — Samsung Electronics Co. is expected to speed up the development of virtual and augmented reality eyewear, as Apple Inc. unveiled its much-anticipated mixed-reality headset, the Vision Pro, earlier this week. The U.S. tech company, on Monday (local time), introduced what it called its first “spatial computing” headset during the [...]

Limitations and Challenges of Apple Pay in the S. Korean Market: Terminal Penetration and Partner Restrictions

Limitations and Challenges of Apple Pay in the S. Korean Market: Terminal Penetration and Partner Restrictions

SEOUL, March 27 (Korea Bizwire) — Apple Pay, the near field communication (NFC) payment service offered by U.S. tech giant Apple Inc., saw over 1 million registrations (based on token issuance) within a day of its launch. However, the impact of Apple Pay in the market is likely to be limited due to certain factors. [...]