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Korea

Samsung, LG and others fined $40 million in Korean price-fixing scam

March 15th, 2012

Korean regulators on Thursday fined domestic mobile phone manufacturers and carriers 45.3 billion won (roughly $40.2 million) for price-fixing and consumer fraud. According to the Fair Trade Commission, the companies secretly agreed to inflate the prices of cell phones while advertising offers with considerable incentives. The companies’ actions apparently tricked consumers into thinking they were …

Apple’s iPad outsells Galaxy tablets on Samsung’s home turf

February 13th, 2012

It is estimated that Apple has sold more than 1 million iPads in the South Korean market, reports Korea Herald. The Cupertino-based company is outpacing Samsung by a wide margin, cornering 70% to 80% of the tablet market in South Korea according to the paper. The iPad 2 debuted in April 2011 and saw roughly 700,000 …

LG unveils Optimus LTE with 4.5-inch HD display

October 5th, 2011

LG officially announced the Optimus LTE on Tuesday. The phone will make its debut in South Korea and offers a large 4.5-inch display with a “True HD IPS Display” that has an incredibly sharp 1280 x 720-pixel resolution. It is also loaded with 20GB of storage, a dual-core processor clocked at 1.5GHz, 1GB of RAM, …

27,000 South Koreans sue Apple over iPhone privacy concerns

August 17th, 2011

27,000 people have filed a class-action lawsuit against Apple in South Korea over concerns Apple collected private location data, Bloomberg reported on Wednesday. The group is seeking 1 million won per person in damages, or about $930 each and just over $25 million total. In early August, the Korean Communications Commission fined Apple 3 million …

Samsung to combine display, semiconductor businesses

July 2nd, 2011

Samsung will combine both its flat-panel display and semiconductor businesses into one unit, The Wall Street Journal reported on Friday. Samsung’s display business wasn’t profitable during the first quarter and it’s on track for the same lackluster performance during the second quarter. Combined, however, the display and semiconductor businesses made up 70% of Samsung’s operating …

Apple files new patent suit against Samsung

June 24th, 2011

Apple on Friday filed a new patent infringement lawsuit in South Korea alleging that multiple Samsung products are infringing its patents. “It is no coincidence that Samsung’s latest products look a lot like the iPhone and iPad from the shape of the hardware to the user interface and even the packaging,” an Apple spokesperson said regarding …

HTC EVO 4G + gets official (in South Korea) [video]

June 23rd, 2011

Sprint’s flagship EVO 3D hasn’t even made its way out of the womb yet and its successor is already official. HTC on Thursday unveiled the EVO 4G + in South Korea — odd, since “EVO” is a Sprint brand. The new superphone is essentially a Sensation in EVO’s clothing, and it features a 4.3-inch display, …