KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home KT

Apple Korea Faces Strict Questioning by FTC

 646 total views,  1 views today

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: December 12, 2018 UPDATED: December 12, 2018
in KT, LG, SK
0
Apple Korea Faces Strict Questioning by FTC

Authorities may sanction Apple Korea which is accused of shouldering high costs onto Korean mobile carriers.

Korea’s telecommunications authority, the Fair Trade Commission (FTC), held its first plenary session today on whether to impose sanctions. Investigations were going on for 2 years to build a case.

Apple is accused of abusing its trading position by passing costs of advertising, retail store installations and product repair to three mobile carriers: LG U+, SK Telecom and KT.

Korean teleco official said, “Apple Korea ran TV commercials with its own budgets for a year after it released the iPhone in South Korea at the end of 2009. Then, the company started talks with domestic mobile carriers in 2011 about sharing the burden of advertising costs. I heard that the advertising expenses have amounted to at least 20 billion won (US$17.69 million) a year since then.”

If true then domestic carriers could have suffered losses of more than 160B KRW ($141.53M USD) in the span of 8 years. The other alleged product repair and store installation abuses are not figured into this number.

Domestic carriers are legally tight lipped out of mutual confidentiality agreements with Apple. This makes it hard for the carriers to testify against Apple Korea. Likewise, the larger US firm cites the agreements.

Apple Korea denies any misconduct.

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: AppleFTCKTLG U+SK Telecom

Related Posts

epilson
KT

KT subsidiary Epsilon Telecommunications launches three Points of Presence (PoPs) across South Korea for better connectivity

November 18, 2022
LG & Samsung
LG

Samsung Electronics & LG Electronics post record first-quarter earnings

April 8, 2022
KT and Amazon come together for voice assistance services
KT

KT and Amazon come together for voice assistance services

February 12, 2022
KT will soon commercialize 5G SA in South Korea: Samsung offers common core
5G

KT will soon commercialize 5G SA in South Korea: Samsung offers common core

February 4, 2022
SK Group forms ‘SK ICT Alliance’ for AI chip development
5G

SK Group forms ‘SK ICT Alliance’ for AI chip development

January 11, 2022
5G rollout: KT, NTT DOCOMO, Fujitsu come together to work on 5G O-RAN in South Korea
5G

5G rollout: KT, NTT DOCOMO, Fujitsu come together to work on 5G O-RAN in South Korea

January 8, 2022
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Korean tech giants to focus on future innovations & sustainability actions at CES 2023 

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • World’s First 5G Robot Café has a Seoul Opening

    0 shares
    Share 0 Tweet 0
  • Top 10 Must-Have Korean Apps You Need When Visiting in Korea

    0 shares
    Share 0 Tweet 0
  • South Korea Improves Digital New Deal with the Data Dam Project

    0 shares
    Share 0 Tweet 0
  • Coway Changes Name After Netmarble’s Aquisition

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |