SEOUL, Feb. 8 (Korea Bizwire) — U.S. tech giant Apple Inc. on Wednesday confirmed that its mobile payment service Apple Pay will be launched in South Korea. “Apple will launch Apple Pay in Korea,” the company said in an e-mailed statement. But it did not elaborate on the exact timeline for the launch, saying it [...]
SEOUL, Feb. 2 (Korea Bizwire) — Thousands of South Korean iPhone users lost Thursday in a lawsuit seeking compensation from Apple Inc. over allegations that the company purposely slowed the performance of older models to compel users to buy new ones. The Seoul Central District Court ruled against 9,851 owners of previous iPhone models without [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korean university students turned out to perceive Apple Inc. as having a “trend-setting” image and Samsung Electronics Co. as having a “friendly” image, a survey showed Tuesday. University student community operator Vinu Labs Inc. conducted a survey of 2,000 students in their 20s who said they had more than [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s antitrust regulator called Monday for Apple Inc. to faithfully implement its projects worth 100 billion won (US$763 million) to support local developers as part of a deal to address the company’s alleged violation of competition law. Apple kicked off an application developers’ academy in South Korea after [...]
SEOUL, Dec. 7 (Korea Bizwire) — Apple Inc. said Wednesday it will introduce the new pricing policy, including changes in tax calculation for South Korean app developers, from next year in a move to comply with the local antitrust regulator’s probe. “Apple today announced the most comprehensive upgrade to pricing capabilities since the App Store [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday U.S. tech giant Apple Inc. has expressed its intention to voluntarily correct its commission policy, which ends up charging more for local app developers. The move came after the Fair Trade Commission (FTC) launched a probe into Apple amid criticism that the company [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. and Apple Inc. are focusing on the promotion of smartphones via offline experiential booths as they begin to concentrate on the high-yield premium smartphone market. Samsung has opened up Galaxy Studios at some 60 locations in the country, offering the public a chance to try out [...]
SEOUL, Sept. 14 (Korea Bizwire) — U.S. tech giant Apple Inc. said Wednesday it plans to open its fourth retail store in South Korea later this month, expanding its presence in the country to compete with local rival Samsung Electronics Co. Named “Apple Jamsil,” the store will open at Lotte World Mall in Seoul’s southeastern [...]
SEOUL, Sept. 10 (Korea Bizwire) — Following Apple Inc.’s unveiling of the new iPhone 14 series on Wednesday, Samsung Electronics Co. posted a message online targeting Apple’s newest product. The South Korean tech giant’s U.S. branch said in a tweet to “Let us know when it folds”, hinting at Apple’s lack of innovation in the [...]
SEOUL, Sept. 1 (Korea Bizwire) — A South Korean game industry association has filed a complaint with the antitrust regulator here against Apple Inc., accusing the U.S. tech giant of purportedly overcharging developers for in-app payment commissions, sources said Thursday. The Korea Mobile Game Association (KMGA) filed the complaint with the Fair Trade Commission last [...]