Apple’s second store in Korea is opening Feb. 26, 10 a.m. at the IFC Mall in Yeouido, western Seoul. Only visitors that make prior reservations can enter due to Apple’s distancing rules during the coronavirus pandemic.
Apple sent an invitation on Friday allowing media outlets to get a sneak peek into its second Apple Store in Seoul, set to potentially open its doors next week.
Hyundai Motor and four related companies, including Kia and Hyundai Mobis, lost 13.5 trillion won ($12 billion) of market capitalization on Monday as the Korean automaker said it is not in talks with Apple to collaborate on the Apple car.
Hyundai Motor, Kia and auto parts affiliate Hyundai Mobis said Monday they are not currently in talks with Apple to develop an Apple car.
Apple dodged a penalty from Korea's antitrust watchdog by agreeing to shoulder more of the costs of after-sales service and marketing of its products in Korea.
Kia’s share price hit a new all-time high on Wednesday after news reports Tuesday evening that it might be collaborating with Apple to make the so-called Apple car.
Hyundai Motor and Apple may be planning to work together on making a self-driving electric car.
Shares of Hyundai Motor and its related companies shot up on Friday morning on news that the automaker and Apple are going to cooperate on developing electric vehicles and battery technology.
One Store, a Korean Android app store, has been establishing a strong presence in the local app store market and is gaining fast on Google's own Play Store.
Apple will open its second retail shop in Korea to serve a constantly growing user base on the home turf of its rival Samsung Electronics.