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 [...]
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 [...]
SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s major companies performed far worse than their U.S. counterparts in the first half of 2023 due to the sluggish chip and energy sectors amid a global economic slowdown, a report showed Monday. South Korea’s top 100 nonfinancial firms listed on the main local bourse saw their combined [...]
SEOUL, July 4 (Korea Bizwire) — Frisbee, a South Korean retailer of Apple Inc., has entered Baemin Store, a popular mobile delivery platform run by Woowa Brothers Corp., the platform operator said Tuesday. Through the retailer, Apple products, such as AirPods and Apple Watches, are now available for purchase on Baemin Store, according to the [...]
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 [...]
SEOUL, March 29 (Korea Bizwire) — U.S. tech giant Apple Inc. said Wednesday it will open its fifth retail store in South Korea later this week, strengthening its presence in the country where its rival Samsung Electronics Co. is maintaining a dominant market position. Apple Gangnam will open in Seoul’s posh southern district of Gangnam [...]
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. [...]
SEOUL, March 22 (Korea Bizwire) — Apple Inc.’s long-awaited mobile payment service, Apple Pay, has finally landed in South Korea this week, some seven years after the service was first initiated in the United States. It is available in local convenience stores, supermarkets, like Lotte Department Store, and coffee shops, like Paul Bassett, starting Tuesday. [...]
SEOUL, March 21 (Korea Bizwire) – U.S. tech giant Apple Inc. on Tuesday launched its mobile payment service Apple Pay in South Korea. “Apple Pay is available from today in South Korea,” Duncan Olby, who oversees Apple Pay internationally, said in a press conference in Seoul. “Users can add their credit and debit cards on [...]
SEOUL, Feb. 8 (Korea Bizwire) — With the anticipated introduction of Apple Pay, a mobile payment service from Apple Inc., Hyundai Card Co. held an “apple festival” to celebrate its status as the country’s sole service provider. The company held a surprise event on Monday, giving out apples to all employees at its headquarters in [...]