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 [...]
SEOUL, Oct. 6 (Korea Bizwire) – Eight out of 10 of smartphone users in Korea download music files and then listen to them instead of streaming music. ESTsoft, the company that provides the ALSong music player, revealed the results of a survey conducted on the consumption patterns of smartphone users. The survey was conducted online, and [...]
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, Aug. 25 (Korea Bizwire) – A recent study has shown that 9 out of 10 smartphone users aged between 20 to 40 enjoy mobile games. According to NBT, the company managing the mobile lock screen application Cash Slide, among 1,202 smartphone users aged between 20 to 40, 93.8 percent answered that they currently play [...]
SEOUL, Aug. 20 (Korea Bizwire) — A Korean-Chinese hacker has been arrested on suspicion of developing mobile spyware that can not only steal one’s financial data but also bug Android smartphones, police said Wednesday. Seoul Gwanak Police Station said the 27-year-old Seo was arrested on Aug. 5 in southern Seoul on charges of developing spyware [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics topped smartphone markets around the globe, except for in North America, in the second quarter on robust sales of low- to mid-end devices, data showed Monday. Samsung stood as the top seller of smartphones in the European, Latin American, Asia-Pacific, Middle East [...]
SEOUL, July 30 (Korea Bizwire) – The second quarter report from LG’s MC headquarters (in charge of smartphones) has been revealed. MC headquarters were said to be responsible for bringing down the stock price of LG Electronics. Cutting to the chase, it was a broke trade, where they sold a lot but didn’t get much [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics reported a near 8 percent drop in second-quarter net profit Thursday as its smartphone business continued to suffer in the face of stiff competition from Chinese rivals. Net income came to 5.75 trillion won (US$4.95 billion) in the April-June period, 7.97 percent down from 6.25 trillion won a [...]
SEOUL, July 29 (Korea Bizwire) – The share of Samsung Electronics dropped to a one digit number, ranking fifth in the Chinese smartphone market. The Chinese brands Xiaomi and Huawei ranked first and second, with Apple coming in next. According to the Chinese branch of IHS Technology, a market research institution, the market share of Samsung Electronics decreased to 9 [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics managed to maintain its presence in the global smartphone market in the second quarter, but its archrival Apple suffered a setback in the face of growing demand for low- to mid-end devices, data showed Wednesday. Samsung took up 26.8 percent of the [...]