SEOUL, Jan. 9 (Korea Bizwire) — LG Electronics Inc. said Tuesday it will launch its mobile payment system in the United States during the first half of this year in time with the release of its upcoming mobile phone. LG Pay has been in service in South Korea since June last year and is moving [...]
SEOUL, Dec. 14 (Korea Bizwire) — Samsung Electronics Co. is forecast to lose ground next year in the smartphone segment, an industry tracker said Thursday, apparently due to the rise of Chinese manufacturers. Strategy Analytics said Samsung Electronics is expected to post a market share of 19.2 percent in the global smartphone industry in 2018 [...]
SEOUL, Dec. 13 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has rolled out a marketing program in the United States with popular singer Charlie Puth in line with the company’s strategy to tap deeper into the world’s top market for premium smartphones with the V30. The South Korean company said it launched the [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korea ranked seventh in the world in terms of per capita mobile data usage last year among 41 major economies checked, a report said Tuesday. The average South Korean used 4.6 gigabytes per month in 2016, according to the Digital Fuel Monitor (DFM) report by Rewheel, a Finnish [...]
SEOUL, Sept. 20 (Korea Bizwire) — LG Electronics Co. said Wednesday that it will begin sales of its latest high-end smartphone, the V30, this week in South Korea, to compete with the Galaxy S8 series and the Galaxy Note 8 by Samsung Electronics Co., and other rival models. Customers who made preorders through the country’s [...]
SEOUL, Sept. 14 (Korea Bizwire) — Samsung Electronics Co., South Korea’s tech behemoth, said Thursday that its latest high-end smartphone, the Galaxy Note 8, will be launched in China later this month to tide over a slump in one of the world’s largest smartphone markets. The phablet will hit Chinese shelves on Sept. 29, according [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Koreans’ awareness of mobile payment services ranks high among major advanced and emerging countries, a poll showed Tuesday, as many tech-savvy consumers turn to their smartphones for settlements. According to the survey of 18,180 consumers in 23 countries by global opinion research firm Ipsos, 64 percent of South [...]
SEOUL, Aug. 17 (Korea Bizwire) – According to a statement released by the National Policy Committee, a report submitted by online-only moneylender Kakao Bank showed that elderly users over the age of 60 were significantly underrepresented in numbers relative to other age groups of users. Since its inauguration on July 27, the online bank has [...]
SEOUL, Aug. 17 (Korea Bizwire) – The Samsung Galaxy Note 5 64GB is now available at bargain-bin prices, it it hasn’t already sold out, that is. According to reports from within the mobile communications industry, telecommunications giant SK Telecom upped its total subsidy offer for the phone to 616,000 won irrespective of users’ data plans. [...]
SEJONG, Aug. 17 (Korea Bizwire) — The ratio of mobile shopping to South Korea’s retail sales reached an all-time high in the second quarter of the year, government data showed Thursday, as more consumers are turning to smartphones and other mobile devices to buy goods. Purchases made through smartphones and tablets surged 41.5 percent on-year [...]