The communication regulators in South Korea has officially approved the Apple iPhone. Before the country had a ban that blocked the product from entering the country. The Korea Communications Commission made an exception to a rule that require mobile phones in the Asian country to use domestic technologies for location based services.
Telecommunications company KT Corp. has been having discussions with the Apple Inc. (NASDAQ:AAPL) about bringing the phone to the Korean country. Bringing the iPhone to Korea will be interesting because the market is already saturated by Samsung and LG mobile phones.
South Korea made the rule exception shortly after China did. The exception was made months after consumers were pressuring the Commission.