“South Korea said on Wednesday it would lift a rule that forces handsets sold domestically to use a locally developed mobile device platform, opening the market to more foreign cellphones,” Rhee So-eui reports for Reuters.

“South Korean regulators require all mobile phones sold in the country to include Wireless Internet Platform for Interoperability (WIPI), which has prevented many foreign makers, including iPhone maker Apple Inc., [from] selling their products to Korean carriers,” So-eui reports.

“The Korea Communication Commission said in a statement that adopting WIPI would no longer be mandatory from April 1, 2009,” So-eui reports.

Full article here.

As long as the regulators don’t yell “April Fools!” it looks like Apple will finally have a chance to launch iPhone in S. Korean next spring.