updated 11:20 am EST, Mon January 24, 2011
Apple faces entrenched smartphone market
Over 2 million iPhones have now been sold in South Korea, local carrier KT has announced. Various versions of the phone have been available in the country for little over a year. The iPhone 4 launched in the country on September 10th, and the 1 million mark was achieved a little over 10 days later.
Over half of the current total is comprised of iPhone 4s, KT adds. In theory Apple faces a comparatively difficult battle in South Korea, as the country is home to not one but two entrenched smartphone makers in the form of Samsung and LG. Samsung has in fact sold more than 10 million Galaxy S phones worldwide.
The South Korean market is rapidly evolving. While 6.1 million smartphones are believed to have been sold in the country in 2010, an early forecast is calling for 16.2 million in 2011. The iPhone is one of the few foreign products to have made a significant dent, and it could have still greater impact if and when a CDMA model arrives.