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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.

   Upon opening at 6 a.m. Wednesday, the preorder Web site for the iPhone 4 experienced a delay for about one hour as the server was overloaded by tens of thousands of users accessing the site at the same time, according to a KT spokesman.

   KT started receiving preorders without stating the exact date it would ship the model. The iPhone 4 will be launched sometime in September, according to KT.
South Korea was originally on the list of 18 international destinations for the iPhone 4's July release, but it was the only country dropped from the list. Apple and KT postponed the launch citing regulatory requirements.

   Apple's previous model, the iPhone 3GS, which was released in South Korea at the end of 2009, topped 850,000 in sales in about eight months.

   KT is hoping to boost its smartphone sales and retain subscribers as its rival SK Telecom Co., South Korea's top mobile carrier, sold more than 600,000 units of Samsung's Galaxy S as of last month, amid the delay in the iPhone 4's local release.