Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Tesla Launches New Model Y Variant in the US Starting at $41,990 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Apple Inc. is aiming to boost its market further in South Korea by targeting the younger generation of customers. To do this, the American iPhone maker opened trendy shops in the country to attract them and increase not only sales but market share.
Moreover, as part of its objective, Apple Inc. is expanding further and is already set to open its sixth store in the region. According to The Korea Economic Daily, the company said on Monday, Nov. 27, that it will inaugurate its newest location on Dec. 9.
Site of the New Apple Store
Based on the reports, the tech giant built its new store inside a shopping center in Gyeonggi Province, which sits in the eastern part of Seoul. Apple selected the Starfield Hanam shopping mall as the site for its sixth shop in Korea.
This will be the company’s very first outlet outside of Seoul City. This follows the opening of the fifth branch, which opened in Gangnam in March this year. The other four stores are strategically located in Myeongdong and Jamsil areas.
Apple hopes that the addition of another outlet will not only increase its presence in the country but also gain more customers while it competes with other leading smartphone and gadget brands, including Samsung Electronics, which is headquartered in Samsung Digital City in Suwon.
"Apple was slow to enter the South Korean market because of its relatively small market share compared to Japan and China," a business insider said in a statement. "But now that the company has established a presence in major cities across Asia, South Korea is becoming a new investment destination."
Future Expansion Plans
Chosun Business reported that Apple is planning to open more branches around the nation. It was predicted that the company would target other busy cities, such as Daegu and Busan, for the new locations of Apple Stores that are likely to be built next year.
Meanwhile, Apple opened its very first outlet in Korea in 2018 and it was in Garosu-gil. This was followed by a store in Youido in February 2021, and it continues to launch more. Now, it has six shops in five years.
Photo by: Chris Nagahama/Unsplash
