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South Korea

4G LTE phone shipments to grow tenfold this year

March 23rd, 2012

Global 4G LTE smartphone shipments reached 6.8 million units in the technology’s first year. According to a study from market research firm Strategy Analytics, global LTE smartphone shipments could surge tenfold to 67 million units in 2012. It is expected to be a breakout year for LTE technology, with Apple, Samsung, HTC and others planning to …

Samsung files a new lawsuit against Apple in South Korea

March 7th, 2012

Samsung on Wednesday confirmed that it has filed another lawsuit against Apple in South Korea, according to a report from Reuters. Since last year, the two companies have been involved in heated legal battles throughout 10 different countries, racking up more than 30 separate complaints that have been filed. The newest lawsuit targets the iPhone …

Samsung plans to offer low-end TV models as sales grow stronger

February 8th, 2012

With Samsung’s high-end TV sales doing well, the company is now looking to launch cheaper television sets according to Reuters. Demand for lower-end TVs has been on the rise in recent months, with major South Korean retailers teaming up with local manufacturers to provide flat-screen models that are as much as 40% cheaper than Samsung …

LG: More than 1 million Optimus LTE phones sold

January 26th, 2012

LG announced on Wednesday that it has sold more than 1 million Optimus LTE handsets. A version of the device landed in the United States as the Nitro HD on AT&T, although it’s unclear if that phone is figured into the count. “The combination of LTE connectivity with LG’s True HD IPS display has resonated with …

Samsung Galaxy S II sales surpass 5 million units in South Korea

January 20th, 2012

Samsung has sold more than 5 million units of its popular Galaxy S II smartphone in South Korea. The milestone was hit just five months after the phone’s launch. In October, Samsung announced that it had sold more than 30 million Galaxy S and Galaxy S II devices. Variants of the phone are currently available …

LG unveils Optimus Pad LTE tablet

January 18th, 2012

LG on Wednesday officially announced its Optimus Pad LTE tablet. The device is equipped with an 8.9-inch True HD IPS display that offers a sharp 1280 x 720-pixel resolution, an 8-megapixel camera, an SD card slot expandable to 32GB, a 2-megapixel front-facing camera for video chats, HDMI-out and a 6,8000 mAh battery. It’s powered by …

Samsung head tells employees to brace for stiff competition, weak economy this year

January 3rd, 2012

Samsung recently warned employees at its South Korea headquarters that the company will face stiff competition amid a weak economy this year. “The global economy’s low-growth trend will continue and uncertainty surrounding the business environment won’t be easily removed,” Samsung Chairman Lee Kun Hee told his employees according to Bloomerg. The company had a solid …

Samsung will not fight to ban iPhone 4S in South Korea

November 15th, 2011

Samsung will not fight for an injunction against the Apple iPhone 4S in South Korea, The Chosun Ilbo, a local newspaper, recently reported. “We concluded that we should engage in legal battles with Apple only in the global market, but not in order to gain more market share in Korea,” a senior Samsung executive reportedly …