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Hwang Sung-Jun

South Korean iPhone Launch Could Change Regional Cellphone Market, Analyst Says

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Saturday's South Korean iPhone launch could greatly affect the region's cellphone market. Per wireless carrier KT's advance order of 53,000 unites, a number described as "phenomenal" by Prudential analyst Hwang Sung-jin. "The iPhone's release will definitely stiffens competition for local companies such as Samsung and LG," Sung-jin adds.

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