360° Coverage : Samsung 'puzzled' as smartphone launch upstaged

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Samsung 'puzzled' as smartphone launch upstaged

Mar 27 2014, 12:36am CDT | by

SEOUL, South Korea (AP) — The global launch of Samsung's latest smartphone has been upstaged by South Korean mobile network companies. SK Telecom, South Korea's largest...

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24 weeks ago

Samsung 'puzzled' as smartphone launch upstaged

Mar 27 2014, 12:36am CDT | by

SEOUL, South Korea (AP) — The global launch of Samsung's latest smartphone has been upstaged by South Korean mobile network companies.

SK Telecom, South Korea's largest mobile carrier, said it will start selling the Galaxy S5 on Thursday, two weeks before the scheduled sales launch on April 11.

Samsung said in a statement that it is "very puzzled" by SK Telecom's decision and is deciding how to respond. It said its schedule of overseas launches remains unchanged.

Other mobile operators, KT Corp. and LG Uplus Corp., are following SK Telecom's move to release the phone early.

The unusual step comes as SK Telecom and other mobile carriers face a 45 day suspension from accepting new customers as a penalty for providing illegal phone subsidies.

South Korea's telecommunications regulator put two other mobile carriers on suspension from this month while SK Telecom must halt selling new phones starting April 5, a week before the Galaxy S5's global launch.

Mobile carriers already have the S5 in stock as Samsung provided them for marketing activities and to fulfil pre-orders on the launch date.

Samsung Electronics announced the latest iteration of its Galaxy S smartphone last month in Barcelona.

The world's largest smartphone maker refrained from packing too many new features into the phone, saying the S5 will go back to basics. But the S5 comes with tweaks that are intended to appeal to fitness fans, such as a built-in heart rate monitor, pedometer and fitness tracker.

SK Telecom said the S5 is available for 866,800 won ($808) without two-year contract.

Source: AP Business

 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) an ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and MH17" hits ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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