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Budget Smartphone LUNA Expected to Sell 150,000 by End-Dec.

SEOUL, Dec. 3 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. said Thursday its exclusive LUNA smartphone is expectedto post 150,000 sales by the end of this month, amid the rising demand for budget handsets here. The budget smartphone, which made its debut in September, was sold out three weeks after its launch. Launched by TG&Co., the LUNAwas manufactured by Foxconn, which is well-known as a key manufacturer of Apple products. [...]

Ailing Pantech Gets 2nd Chance, But Faces Bumpy Road

SEOUL, Oct. 16 (Korea Bizwire) — After 14 months of limbo, troubled smartphone maker Pantech Co. has been given a new lifeline, but the No. 3 industry player in South Korea faces a bumpy road before being able to get back on track, market watchers say. On Friday, a Seoul court gave the nod to [...]

Consumers, Firms Mixed over Budget Handset Boom

SEOUL, Oct. 2 (Korea Bizwire) — Despite a never-ending influx of high-end handsets armed with such features as DSLR-like cameras and wireless charging, Yi Nari says she is satisfied with her Galaxy A5, a low-cost smartphone made by Samsung Electronics Co. “The device has a fine selfie camera, so I chose the model over other [...]