Samsung has recently announced that it plans to launch its first virtual reality headset in the U.S. in December 2014. According to a company statement it will then gradually expand the service into other countries. The device provides 360 degree rotating view, creating a life-like experience for users. It is currently linked to the Galaxy Note 4 through a micro-USB. Oculus VR’s Max Cohen believes that the future of VR will be…

For as much as the last fifteen years Korea has been emerging as one of the front-runners in global tech innovation, but has failed time and time again to capitalize fully on the opportunities. Smartphones, 4G mobile internet, MP3 players, social networks, and mobile payments are just a few examples. Nowadays, the U.S. and China, not Korea, are spearheading the growth of these markets and Korea is at a dangerous position, likely…

Earlier this year we reported that smartphone penetration had reached 60%, and the new figure (only 2 months later) shows that a massive 67% of South Korean mobile subscribers use smartphones.

Samsung and LG have regained 1st and 2nd place in the US phone market, with poor sales of the iPhone 5 responsible for the increased market share by the two Korean manufacturers.