Apple Online Store “South Korean tech geeks’ agonizing wait for the iPhone, Apple’s do-it-all smart phone that is the world’s most sought after gadget at the moment, is about to be over,” Kim Tong-hyung reports for The Korea Times.

“The radio laboratory’s approval is mandatory for all telecom equipment to be used locally and is considered loosely as an indicator for market release,” Tong-hyung reports.

“KT, the country’s biggest telephone company and No. 2 wireless provider, has been the most aggressive pursuer of iPhone here, beating out industry rival SK Telecom to be the first carrier to release the handsets in the country,” Tong-hyung reports.

“Although company officials declined to comment on the iPhone release, citing confidentiality issues, industry watchers expect KT to put the iPhone on shelves sometime in August,” Tong-hyung reports.

“Most industry watchers believe that the iPhone will be a success, at least out of the gate. Park Jong-soo, an analyst from Hanwha Securities, expect KT and SK Telecom to combine for 500,000 to 1 million iPhone customers in the short term, considering the pre-launch buzz and the handset’s superiority in software, user interface and data content,” Tong-hyung reports.

Full article here.