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Apple is setting up shop in Samsung territory

By Minjun ParkKorea
1 min read
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In this article (5)

Apple announced it plans to open its first store in South Korea — an aggressive move, considering its main rival in the smartphone space, Samsung, is headquartered there. To that end, it’s hiring 15 staff members in the region and has stated publicly how excited it is by the prospect.

We know that the store is set to open up in the nation’s capital, Seoul, but Apple has yet to make it clear exactly where within the city. However, South Korean media has commented that it should appear somewhere in the southern district and that work is expected to begin shortly, completing at some point before the end of November.

To make sure its new store is staffed properly, Apple’s new positions range from store leader to business manager. While the listings don’t specifically state that they will be working at the Seoul store, it seems like an awful coincidence if they aren’t set to work there.

The opening of a facility in South Korea is somewhat of a statement to Samsung also. With the big Android manufacturer taking a bit hit to its brand at the tail end of 2016 due to problems with its Galaxy Note 7 phone, it could be that Apple smelled blood in the water. However, it is also worth pointing out that it faces a lot of competition in Asian markets now from lower-end device manufacturers, many of them originating in China.

Apple could be looking to put a stamp on the region and maintain a foothold in what is quickly becoming one of the most hotly contested regions. Targeting South Korea is a smart move too, as it is geographically near to some of the biggest smartphone industry growth in the world but well within the borders of an economically prosperous country.

Questions & Answers

Q.

Where in South Korea is the new Apple store expected to open?

A.

The store is confirmed to be opening in Seoul, the nation's capital. South Korean media suggests it will appear somewhere in the southern district of the city.

Q.

When is the new Apple store expected to be completed and open?

A.

Work on the store is expected to begin shortly, with completion anticipated at some point before the end of November. An exact opening date is not specified.

Q.

How many new staff members is Apple hiring for its operations in the region?

A.

Apple is hiring 15 staff members in the region, with new positions ranging from store leader to business manager. These roles are likely for the new Seoul store.

Q.

What is Apple's strategic motivation for opening a store in South Korea?

A.

Apple may be aiming to put a stamp on the region and maintain a foothold in a hotly contested market. It could also be using a rival's recent difficulties and the region's economic prosperity.

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