SEOUL, KOREA – How many nations in the world do you think have more than half of their populations equipped with smartphones? The answer is six (as of the end of last year). IT powerhouse South Korea topped the roaster.
SEOUL, KOREA – Naver, which enjoys over 70% dominance in fixed-line Internet searches, has successfully tightened its grip on the mobile web. Amid the fierce mobile platform competition among companies from home and abroad, Naver (the largest search engine in South Korea) has actually obtained monopolistic status on the mobile Internet.
SEOUL, KOREA – According to US market research firm Strategy Analytics (SA)’s 2002-2017 Outlook on Worldwide Mobile Phone Shipments, South Korea is estimated to rank 79th among the surveyed 88 nations with 2.43 mobile phones per household in 2017.
SEOUL, KOREA – Market research firm IHS pointed out that South Korea is crucial to global electronics markets because of its dominance in producing 66% of all DRAM, 48% of all NAND flash memory chips and 70 % of all tablet displays.
SEOUL, KOREA – The number of subscribers to the free voice call payment plans drawn up by Korea’s three telecom operators (SK Telecom, KT and LG U+) surpassed the one million mark in less than 20 days. Over 70% of the subscribers are estimated to have simply changed their payment plans rather than changing their service provider.
SEOUL, KOREA – An analysis found that mobile messaging services such as LINE and KakaoTalk have eaten away at global mobile operators and SNS’s revenues. Accordingly, communications, device and Internet companies are speeding up their efforts to encroach on the mobile messaging app market.
SEOUL, KOREA – Ceramic is clay that has been heated to a very high temperature so that it becomes hard. “Cutting-edge” ceramic refers to material that adds special functions to the existing ceramic materials. Nations including Germany, Japan and the US are vying fiercely to obtain key technologies for the production of cutting-edge ceramic a step ahead of others.
SEOUL, KOREA — As KT (a Korean integrated wired/wireless telecommunication service provider) finally jumped on the bandwagon of LTE (Long Term Evolution services), the next-generation LTE market is expected to be trisected.
Wisconsin, USA –January 4, 2012 – It is a thought that weighs heavy on the minds of exporters in S Korea; will the currency volatility cause the U.S. to buy less products and cause further damage to its economy? After all, the inflation is making it more expensive for the U.S. to import goods.
Wisconsin, USA –January 3, 2012 – From the U.S. perspective, the ever-changing policies and limitations between North and South Korea can be frustrating; one day S Korea may give food aid and the next it may not; one day it may allow its citizens to enter N Korea and the next it may not; the list goes on and on.
Wisconsin, USA –January 2, 2012 – According to several news reports from several Korean news agencies, President Lee Myung-bak –often characterized as a ‘rat’ in cartoons – announced in the New Year address that he would leave open opportunity for N Korea to peace and stability; in particular, it’s focus is ridding of the nuclear arms so that N Korea could be included in the six-party talks.
Minnesota, USA –December 28, 2011 – Since 2007, there was a struggle to implement a Free Trade Agreement (FTA) between S Korea and the U.S.; however, in October of this year the countries came upon an agreement, which would launch in early 2012.
Minnesota, USA –December 26, 2011 – Since the death of Kim Jong Il –leader of N Korea – there is a question mark that hangs above the heads of many; what will happen to N Korea and what can we expect for the future of the people there?
Minnesota, USA –December 21, 2011 – Although companies such as Samsung produce more than electronics, it is the only type of item that hits the U.S. market. But does this mean that Korea does not think it can compete in any other sector or that it is not profitable enough to do so?
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