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Tech/Science
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KT, Samsung to unveil cellphone with payment capability
SEOUL, Oct. 13 (Yonhap) -- South Korean telecom giant KT Corp. and Samsung Electronics Co. said Wednesday they will launch a mobile phone in the local market this month that enables users to make payments.

The new Samsung cell phone, slated to hit the market at the end of this month, is equipped with so-called near field communication (NFC) technology, which features more diverse mobile payment services than previously available technology, KT said.