Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro 
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power 
Bain Capital Moves to Acquire Majority Stake in Echo Marketing 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
Drugmakers Plan 2026 U.S. Price Increases on Over 350 Branded Medications Despite Political Pressure 
Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China as Competition Intensifies 
Nike Stock Rises After CEO Elliott Hill Buys $1 Million in Shares 
Air China Orders 60 Airbus A320neo Jets in $9.5 Billion Deal as Airbus Strengthens Grip on China Market 
Motorola is reportedly coming back to South Korea after leaving the market eight years ago. It was reported that it will be returning to fill the void left by the local smartphone maker LG Electronics after it pulled out from the business in July.
According to Korea Joongang Daily, Motorola Korea shut down its operation in S. Korea in 2013 and last month, it passed a conformity assessment test for its 5G-enabled mobile phones so it is ready to enter the Korean market again. The test was carried out by the state’s National Radio Research Agency and this is a requirement for all telecommunications devices that will be operated in the country.
The NRRA was said to have tested Motorola’s G50 5G phone unit which is its latest model that was unveiled just last month. At any rate, the Schaumburg, Illinois headquartered telecommunications company’s business in S. Korea has been limited to network gear as it shut down its operations in the country 8 years ago due to falling sales and restructuring as a result.
As LG is out of the picture in the smartphone business, it seems that Samsung will have more rivals because aside from Motorola, it was rumored that Google Korea is also planning to launch its mobile devices. Then again, the company was said to have declined to comment on the reports so it cannot be confirmed at this time.
"Samsung will likely take the majority of LG’s domestic market share, but it is worth paying attention to overseas brands’ entry, such as Google and Motorola,” a senior analyst at a research company, Liz Lee, said. “Their brand awareness is good among Korean consumers, but the key is whether they fully understand the country’s smartphone market and consumer preferences.”
Meanwhile, GizmoChina reported that HTC, a Taiwanese consumer electronics company, is also planning to re-enter the Korean market and sell its mid-range phones again. It is said to be ready to return after almost 10 years of hiatus.
Sources stated that HTC is obviously following the steps of Motorola that recently revealed its plan to enter S. Korea again. Currently, the Taiwanese firm is reportedly looking for sales and business development manager to help establish partnerships and create business strategies as it prepares to operate again in the territory.
