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 [...]
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 [...]
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 [...]
SEOUL, Sep. 1 (Korea Bizwire) – With the rapid supply of high-tech smartphones, expensive costs and a drop in carrier subsidies, the domestic secondhand mobile phone market is estimated to have grown by an average of 10 million phones per year. According to a report issued by Gallup Korea, only 4 out of 10 individuals [...]
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 [...]
SEOUL, Nov. 4 (Korea Bizwire) – Last weekend, a 100,000 won, or about US$93, iPhone 6 swept Seoul. As soon as the information on its flash sale hit the street, people who have craved for the new Apple phone started waiting in long lines to obtain the much less expensive one. A new law intended [...]
SEOUL, Oct. 22 (Korea Bizwire) – LG Electronics unveiled its new smartphone called AKA (Also Known As) at the World IT Show 2014 held in BEXCO Exhibition Center in Busan from October 20. The new gadget is planned to be released in the local market within next month. Its feature is to reflect the customer’s personality [...]