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Americans Look at Their Smartphones More Than 9 Billion Times Daily, Up 13 Percent From 2015

Americans Look at Their Smartphones More Than 9 Billion Times Daily, Up 13 Percent From 2015

NEW YORK, Dec. 13 (Korea Bizwire) – A new survey released by Deloitte today confirms American consumers’ dependence on mobile phones continues to rise as the platform of choice for work, home and self across an increasing range of tasks. Consumers now check their smartphone more than 9 billion times per day and increasingly do so while [...]

“Phone-Parazzi” Compensation Soars with Law on Smartphone Purchases

“Phone-Parazzi” Compensation Soars with Law on Smartphone Purchases

SEOUL, Sept. 27 (Korea Bizwire) – Korea’s Mobile Device Distribution Improvement Act went into effect in October 2014, setting a price cap on the amount of subsidies that one can receive when purchasing a new smartphone. The law was intended to establish more generalized smartphone prices, which tended to fluctuate highly from store to store, [...]

Sales of Galaxy Note 7 Soar, but Small Cell Phone Stores Are Discontent

Sales of Galaxy Note 7 Soar, but Small Cell Phone Stores Are Discontent

SEOUL, Aug. 31 (Korea Bizwire) – It has been almost two weeks since the Samsung Galaxy Note 7 was released. Yet, the unexpected popularity of the phablet has led to shortages, with many consumers still awaiting their new phones.  High demand for the phone has highlighted another issue, where smaller cell phone stores receive fewer [...]

Mobile Phone Vendor Diversification Increasing

Mobile Phone Vendor Diversification Increasing

SEOUL, Feb.16 (Korea Bizwire) – With the increasing popularity of cheaper mobile phones, there has been a noticeable change in the way that consumers purchase new handsets. Instead of visiting traditional vendors, consumers buy their mobile phones at the post office, convenience stores, through online shopping sites and even from vending machines. While consumers are [...]

Samsung Denies Lay-Off Rumors in India

Samsung Denies Lay-Off Rumors in India

SEOUL, Oct. 23 (Korea Bizwire) – While Indian media have reported that the local subsidiary of Samsung Electronics will be reducing its number of employees by five percent, the tech giant has responded that it is actually looking to hire more employees. The Indian Daily Economic Times reported that the Indian corporate body of Samsung [...]

Gov’t to Simplify Process for Foreigners to Open Mobile Accounts

Gov’t to Simplify Process for Foreigners to Open Mobile Accounts

SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s telecom authority said Wednesday it plans to allow foreign visitors to the country to open a mobile phone account more quickly. Starting Thursday, foreigners will be permitted to get a mobile phone number at airports by submitting only their passports, the Ministry of Science, ICT, and Future [...]

Compensation System to Stop Phone Sellers’ Illegal Subsidies to be Modified

Compensation System to Stop Phone Sellers’ Illegal Subsidies to be Modified

SEOUL, Jun. 4 (Korea Bizwire) — Phoneparazzi, a compensation system to hunt down phone sellers who illegally give monetary support to customers, will be modified to draw compensation money from both mobile distributors and telecommunications carriers. First introduced in June 2014, the Phoneparazzi system has been run by money solely provided by distributors. Anyone who [...]