|South Korea maintains position as a leader in advanced wireless services|
Posted: 13-Sep-2007 [Source: In-Stat]
[All three Korean operators utilize CDMA2000-1X EV-DO and offer a variety of well-accepted high-end services and handsets.]
Scottsdale, AZ -- With one of the most advanced wireless services and device markets in the world, the South Korean handset market is among the world's most sophisticated, reports In-Stat. All three mobile operators--SK Telecom, Korea Telecom Freetel (KTF) and LG Telecom--have adopted CDMA technology and have migrated to a high speed CDMA200-1X EV-DO network, the high-tech market research firm says.
"Comprehensive value-added services, including mobile banking, mobile finance transactions, mobile wallet, multimedia and location-based services, have all been introduced and are well accepted among Korean mobile users," says Jill Meyers, In-Stat analyst. "While Korean phone makers are gaining traction in overseas markets, international handset brands are having success entering the Korean market."
Recent research by In-Stat found the following:
* 350 phone models available in South Korea have music-playing functionality, while 159 models enable users to perform bank transactions and make payments with their phone.
* In 2006, more than 16 million mobile phones were sold in South Korea.
* Samsung was the market leader in 2006, with about 50% market share, followed by LG and Pantech.
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