SEOUL, Sept. 14 (Korea Bizwire) — A South Korean law aimed at curbing the influence that Apple Inc. and Google have over payment systems in their app stores went into effect Tuesday, the country’s telecommunications regulator said, marking a victory for many local developers. The new law, the first of its kind globally, bars app [...]
SEOUL, Sept. 10 (Korea Bizwire) — Apple Inc. on Friday rejected U.S. game maker Epic Games Inc.’s request that its hit title “Fortnite” be rereleased in South Korea in a case that highlights a tug-of-war over lucrative payment systems on the app market. The video game maker earlier tweeted that it asked Apple to restore [...]
SEOUL, Sept. 3 (Korea Bizwire) — A U.S.-based group of companies is celebrating the passing of the revised bill of the Telecommunications Business Act in South Korea to curb the sway of Google and Apple when it comes to app store fees. One U.S. game developer welcomed the news, calling himself “a Korean.” “As President [...]
SEOUL, Aug. 31 (Korea Bizwire) — South Korea’s parliament passed a bill Tuesday that would rein in the dominance Google and Apple exert over payments on their app stores, becoming the first nation in the world to enact such a law. South Korean lawmakers voted to approve the amendments to the Telecommunications Business Act, which [...]
SEOUL, Aug. 25 (Korea Bizwire) — A parliamentary committee on Wednesday passed a bill to ban Google and Apple from forcing app developers to use the platforms’ payment systems, clearing the last remaining hurdle before a final vote. The legislation and judiciary committee of the National Assembly approved the revision of the Telecommunications Business Act, [...]
SEOUL, July 6 (Korea Bizwire) — LG Group, South Korea’s fourth-largest conglomerate, is apparently looking to beef up its business relationship with Apple Inc., industry insiders said Tuesday, amid rumors that its electronics affiliate may sell the U.S. tech titan’s products at its retail shops. LG recently held a special promotion for iPhones, iPads and [...]
SEOUL, June 3 (Korea Bizwire) — Apple Inc. facilitated nearly US$15 billion in billings and sales in South Korea last year, according to a report released by the company Thursday, unveiling the figure for the country for the first time. The report from the U.S.-based Analysis Group found that Apple’s App Store facilitated $14.9 billion [...]
SEOUL, May 28 (Korea Bizwire) — The South Korean unit of Apple Inc. will run a trade-in program to woo LG Electronics Inc.’s smartphone users, industry insiders said Friday, in a move to expand its presence on the home turf of Samsung Electronics Co., the world’s largest smartphone vendor. Apple’s smartphone exchange scheme with local [...]
SEOUL, April 29 (Korea Bizwire) — Smartphone producers such as Samsung Electronics Co. and Apple Inc. are focusing on building augmented reality (AR) ecosystems by increasing the variety of AR services they have on offer. Samsung recently introduced a beta version of AR Canvas, while Apple added an AR Space function to its video-making Clips [...]
SEOUL, March 23 (Korea Bizwire) — Samsung Display Co., a major display panel maker in South Korea, is likely to receive compensation from Apple Inc. over a shortfall in OLED panel orders, industry insiders said Tuesday. Samsung Display’s worldwide small OLED shipments in January dropped 9 percent month-to-month to 45 million units, according to market [...]