Samsung Pay has more than 1 million users in South Korea


It would be fair to say that Samsung’s mobile payments system, imaginatively named Samsung Pay, is doing pretty well for itself. Samsung Pay first launched in Korea, and more recently in the United States at the tail-end of August, and the Korean electronics giant has recently announced that more than 1 million people have used the service in its homeland in the two months since its official launch.

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Pre-order stock of Samsung’s Gear S2 is snaffled up in just 2 hours

samsung_gear_s2Samsung took the wraps off its Gear S2 and Gear S2 Classic smartwatches at the IFA in Berlin earlier this month, with the new range of wearables set to hit South Korea on October 2nd. Samsung recently put the Tizen-powered smartwatches up for pre-order in Korea, a move that lasted only two hours as the pre-order stock was snapped up in its entirety. Read more

SK Telecom suspension could potentially hurt Galaxy S6 sales

sk-telecom-logo-02Korea’s Communication Commission is planning on suspending SK Telecom’s ability to sign up new customers for a seven day period, and it looks like that sanction might hit right on the launch date (April 10th) of Samsung’s Galaxy S6. With SK Telecom accounting for 50% of wireless market share in South Korea, that’s a tough blow to take for Samsung. Read more

Android 5.0 Lollipop now rolling out to Galaxy S5’s in Korea



Samsung is currently in the process of pushing out an update to all KT, SK Telecom and LG Uplus variants of the Galaxy S5 located in Korea. In terms of added functionality, this upgrade brings the much-anticipated Android 5.0 Lollipop build, together with a handful of bug fixes, stability improvements and speed optimizations.

Hit the break for the full changelog.

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LG forecasted to hit 60 million smartphones in worldwide sales for this year


LG’s G-series devices have been quite a success for the company, which expects its sales numbers to boom by the end of this year.

Two Korean brokerage firms, Kiwoom Securities and Korea Investment, forecast roughly 60 million smartphones in sales this year, while Daewoo Securities expects LG to sell over 62 million smartphones.

Between the years 2011 and 2012, the company only shipped between 20 and 26 million units, while last year, it shipped 47.6 million devices.

Since last year, LG has become more of a staple in the market, so 60 million units may not be too much of a stretch. This all bodes well for stockholders, and hopefully for the consumers as well.

Source: Korea Times

LG G3 outselling Samsung Galaxy S 5 in Korea by three times

LG_G3_Lauch_Event_Main_TAThe LG G3 is still only a few days old, but in Korea, it’s selling fast. Korean media is reporting that Samsung is selling 25,000-30,000 LG G3 units daily, which is approximately two times higher than the company’s previous flagship device, the G2. Even more interestingly, the G3 is outselling the S3 by a factor of three, as the Galaxy S5 sold about 7,000-8,000 pieces per day in its initial launch period.

Of course the G3 is brand new so that definitely has something to do with it, and all of the new features can’t hurt either. Sources say that LG is still using a much smaller marketing budget than the monstrous amounts Samsung uses. Perhaps letting the device speak for itself is paying off.

Source: ETNews
Via: Phone Arena