SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s corporate watchdog is probing U.S. tech giant Apple Inc.’s practice of shifting the cost of advertisements to local mobile carriers, industry sources said Tuesday. South Korea’s three mobile carriers started television advertisements for the iPhone 8 earlier this month. According to the sources, local mobile carriers currently [...]
SEOUL, Jul. 26 (Korea Bizwire) — Sales of smartphones through online platforms in South Korea remain sluggish compared with other countries, data showed Wednesday, due mainly to strong dominance of mobile carriers in the mobile phone market. According to the data compiled by Strategy Analytics, the sales of smartphones through online platforms in the country [...]
SEOUL, June 19 (Korea Bizwire) – South Korea’s mobile carriers are keeping a watchful eye on possible moves by the government to cut subscription costs for telecom services that will impact their earnings, industry watchers said Sunday. The Ministry of Science, ICT, and Future Planning will hold a session with the State Affairs Planning Advisory [...]
SEOUL, April 8 (Korea Bizwire) – Prosecutors said Friday they have indicted South Korea’s three mobile carriers on charges of violating a law strictly banning excessive discounts or subsidies to customers. The Seoul Central District Prosecutors’ Office said the carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. – are accused of paying subsidies far over [...]
SEOUL, Sept. 27 (Korea Bizwire) – South Korea’s three mobile carriers are estimated to have posted an improved ratio of operating income to total revenue in the third quarter, industry sources said Sunday, as the firms reduced marketing expenditures. The combined sales posted by SK Telecom Co., KT Corp. and LG Uplus Corp. are estimated [...]