Thursday, October 2, 2014   

SK Telecom takes shine off Galaxy S5
(03-27 14:58)

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 today, 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.--AP

   
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China September PMI misses estimate: HSBC (09-30 14:05)
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