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Apple to Launch 1st Retail Shop in South Korea

Apple to Launch 1st Retail Shop in South Korea

SEOUL, Jan. 17 (Korea Bizwire) — Apple Korea said Wednesday it will open its first full-fledged retail shop in South Korea this month to help customers buy, repair and experience iPhones and other Apple products. The first shop in South Korea will open on Garosugil in the affluent southern district of Gangnam in Seoul on [...]

Consumer Group to File 1st Local Lawsuit Against Apple over iPhone Slowdown

Consumer Group to File 1st Local Lawsuit Against Apple over iPhone Slowdown

SEOUL, Jan. 10 (Korea Bizwire) — A consumer activist group said Wednesday it will file for a compensation suit with a Seoul court this week against Apple Inc. and its local headquarters for a reward of 2.2 million won (US$2,056) per plaintiff. The Citizens United for Consumer Sovereignty (CUCS) is expected to file the suit [...]

Apple to Start Discounted Battery Replacement Program in S. Korea

Apple to Start Discounted Battery Replacement Program in S. Korea

SEOUL, Jan. 2 (Korea Bizwire) – U.S. tech giant Apple Inc.’s South Korean arm said Tuesday it will start a discounted battery replacement program amid criticism that the company intentionally slowed down older smartphones. Apple said users of the iPhone 6 and its successors will be able to replace batteries for 34,000 won (US$31.80), down [...]

Cisco Releases Security Connector App for iOS

Cisco Releases Security Connector App for iOS

SAN JOSE, CA, Dec. 14 (Korea Bizwire) – Today, Cisco (NASDAQ: CSCO) announces the availability of Cisco® Security Connector, the first security app designed to give enterprises the deepest visibility and control over network activity on iOS devices, now in the App Store. Apple has designed iOS to be secure from the ground up and to [...]

Tax Authorities to Zero in on Tax Avoidance by Multinational Companies

Tax Authorities to Zero in on Tax Avoidance by Multinational Companies

SEJONG, Dec. 13 (Korea Bizwire) – The government is introducing a new policy this month requiring multinational companies to submit integrated attribution reports, as part of a bid to tackle tax avoidance. The integrated reports submission system is in response to tax avoidance schemes employed by multinational companies such as the manipulation of transfer prices, the [...]

Watchdog Probes Apple for Shifting Advertisement Costs to Mobile Carriers

Watchdog Probes Apple for Shifting Advertisement Costs to Mobile Carriers

SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s corporate watchdog is probing U.S. tech giant Apple Inc.’s practice of shifting the cost of advertisements to local mobile carriers, industry sources said Tuesday. South Korea’s three mobile carriers started television advertisements for the iPhone 8 earlier this month. According to the sources, local mobile carriers currently [...]