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(LEAD) iPhone 4 draws more than 100,000 first-day preorders in S. Korea
By Lee Youkyung
SEOUL, Aug. 18 (Yonhap) -- South Korea's telecom giant KT Corp. said Wednesday it had received more than 100,000 reservations for the iPhone 4 in the first day of preorders for the latest model of Apple Inc.'s smartphone.

KT, the local distributor of Apple's iPhones and the second-biggest mobile carrier in the country, said more than 100,000 people had placed a preorder for the smash-hit smartphone. A preorder, however, is subject to cancellation if a customer chooses to opt out.
The iPhone 4 is proving much more popular than Apple's earlier model, the iPhone 3GS, which received 65,000 preorders in the first five days of reservations in the country. It took five days for the Galaxy S, Samsung Electronics Co.'s flagship smartphone released in June, to break the 100,000 sales milestone in the domestic market.