South Korea Approves iPhones
September 22, 2009 by Stephen Kersey
Filed under Business
If you own an iPhone, you probably have it by your side at all times and couldn’t imagine life without it. A land with no iPhones? That’s difficult for much of the rest of the world to imagine. But up until now, people in South Korea weren’t allowed to own iPhones.
According to The Wall Street Journal, the Korea Communications Commissions has decided to allow iPhones to be sold in the country. To allow iPhones, a technical ban had to be altered.
In South Korea, the iPhone will take on domestic giants such as LG and Samsung. Considering that people in South Korea are charged a lot of money for cell phone use, industry experts believe that the iPhone will be well received and will cause prices throughout the industry to be lowered due to competition.
As for which company will be handling the cell service, KT Corp. is rumored by The Wall Street Journal to be the leading candidate and has even said that they have talked to Apple about the idea.
It is estimated that more than 21 million iPhones have been sold around the world. Since its original release in June of 2007, the iPhone has become one of the most popular electronic devices in history.
iPhone (Image: Flickr)
