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Sluggish iPhone X Sales Rumors Hurting Earnings Forecast for Parts Suppliers

Sluggish iPhone X Sales Rumors Hurting Earnings Forecast for Parts Suppliers

SEOUL, Jan. 29 (Korea Bizwire) — Sluggish iPhone X sales rumors are adversely affecting earnings forecasts for South Korean electronic parts suppliers, market watchers said Sunday. Local stock market and industry watchers said earnings estimates for chipmakers SK hynix Inc. and Samsung Display, as well as LG Display and LG Innotek, have been downgraded for [...]

Sales of Premium Smartphones Hit Record High in Nov.

Sales of Premium Smartphones Hit Record High in Nov.

SEOUL, Dec. 21 (Korea Bizwire) — The combined sales of high-end smartphones in South Korea hit record-high levels in November, industry data showed Thursday, following the popularity of the Galaxy Note 8 and new iPhones. According to the data, South Korea’s three mobile carriers sold 1.4 million units of smartphones priced 700,000 won (US$648) and [...]

Black Friday Looms Large for Overseas Direct Purchase Firms and Local Retailers

Black Friday Looms Large for Overseas Direct Purchase Firms and Local Retailers

SEOUL, Nov. 21 (Korea Bizwire) – As November 24 or “Black Friday” inches closer, local retailers are rolling out limited time discounts in what is expected to be a boom year for overseas direct purchases.  Overseas direct purchasing companies enable customers to procure goods at local prices and have their products shipped directly to their [...]