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Samsung Electronics To Roll Out Galaxy Tab In S Korea Via SK Telecom

SEOUL -(Dow Jones)- Samsung Electronics Co. (005930.SE) said Thursday that it will roll out its Galaxy Tab tablet computer in South Korea through SK Telecom Co. (017670.SE), the country's largest mobile phone carrier by subscribers, in an attempt to grab a big chunk of the local tablet market before the entry of Apple Inc.'s (AAPL) iPad. SK Telecom, which first offered Samsung's smartphone, Galaxy S, on the domestic market in late June, will initially have the exclusive right to sell the Galaxy Tab. Galaxy Tab, which runs on Google Inc.'s (GOOG) Android operating system, has a 7-inch touchscreen display and also comes with a cellular connection. The tablet computer had initially made its debut in Italy last month, making its way to other European and Asian markets afterwards. KT Corp., SK Telecom's hometown rival, is expected to release the iPad in South Korea sometime this month. Last year, KT got the exclusive right to offer Apple's iPhone in South Korea. Despite initial concerns that Apple may have a tough time competing in a market dominated by local handset makers Samsung Electronics and LG Electronics Inc., sales of the iPhone have taken off. KT sold around 1.7 million iPhones by the end of September. -By Jung-Ah Lee, Dow Jones Newswires; 822-3700-1907; jung-ah.lee@dowjones.com

Stock News for Telecom (SKM)
DateTimeHeadline
11/15/201308:12:59Fidelity Management & Research Co. 3Q 13F: Largest Eliminations
11/15/201308:12:48Fidelity Management & Research Co. 3Q 13F: Largest Purchases
11/15/201308:12:48Fidelity Management & Research Co. 3Q 13F: Largest Sales
11/15/201308:12:48Fidelity Management & Research Co. 3Q 13F: -2-
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep -2-
11/15/201307:10:27AQR Capital Management 3Q 13F: Largest Purchases -2-
11/15/201307:10:23AQR Capital Management 3Q 13F: Largest Sales
11/04/201300:50:38KT Corp Chief Offers to Resign
03/22/201305:06:01ASIA MARKETS: Tokyo Stocks Tumble On Yen; Results Hit Hong Kong
03/22/201301:49:08ASIA MARKETS: Japan Stocks Fall On Yen; Earnings Hurt Hong Kong
03/21/201321:22:10ASIA MARKETS: Japanese Stocks Fall Sharply In Weak Asia
02/25/201303:10:21Nokia Siemens, SK Telecom to Cooperate on Liquid Applications
01/07/201302:12:57Nokia Siemens Gets Capacity Upgrade Pact From SK Telecom
05/02/201217:19:50ADR Report: Shares Lower As Euro Zone Worries Grow
11/01/201120:17:04SK Telecom, KT To Launch Apple iPhone 4S In South Korea Nov 11
08/24/201123:25:16SK Telecom: Not Bidding For Hulu
08/24/201122:34:34Hulu Bid Deadline Extended To End Of Week: Sources - Reuters
06/27/201118:41:21Intuit Buys Technology To Accelerate Mobile Expansion
06/22/201117:26:10ADR REPORT: Shares Mostly Lower As Fed Outlook Weighs

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