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Apple iPhone Gets OK for Sale in South Korea
Stock quotes in this article:AAPL
SEOUL, South Korea (TheStreet) -- Apple's(AAPL) iPhone continues its penetration in Asia following an announcement from South Korea's telecommunications regulator that the iPhone has been given the OK to be sold in the country.
The iPhone joins a market dominated by Samsung Electronics, LG Electronics and many domestic handset makers. Apple's foray into Korea had been highly anticipated. Apple had yet to acknowledge the announcement as of early Wednesday. Last month, China Unicom (CHU) said it reached a three-year agreement to sell the iPhone in China, the world's most populous mobile phone market. Sales it China will begin in the fourth quarter.TheStreet Premium Services
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