Korean News Archive
Korea Comes Second Place In Global Innovation Index
South Korea is now the second most innovative country in the world, according to Bloomberg. The data compiled by financial and data provider ranked Korea behind the US - who topped the list by climbing 6 ranks. Korea...
SK Telecom Net Doubled In Q4 2012 – But What Does KCC Got To Do With It All?
SK Telecom Co.,South Korea's top mobile operator reported a two-fold growth in its Q4 profit in 2012. They claimed that this was due to a decrease in marketing costs - meaning what? The results come as the country’s...
Smartphone Penetration Hits A New High In Korea, Still The Highest On Earth
Earlier this year we reported that smartphone penetration had reached 60%, and the new figure (only 2 months later) shows that a massive 67% of South Korean mobile subscribers use smartphones....
Korean Startup Accelerator Sparklabs Hosts Its 1st Demo Day
SparkLabs, a startup accelerator in Korea, hosted its first Demo Day today in Seoul, Korea. SparkLabs also announced its expansion into healthcare for its upcoming second class. Sparklabs is founded by Bernard Moon, Hanjoo Lee and Jimmy Kim....
Korean Smartphones Used By One Third Of America
1 in 3 North Americans use Korean smartphones. Apple was the number 1 smartphone vendor in the USA with 37.6% market share in 2012. LG and Samsung are catching up, and their sales in the US and Canada continue...
China Catching Up To Korea In The Smartphone Industry & Market
Since November 2009, the global smartphone industry has seen many changes. ZTE and Huawei have both been gaining market share in the Chinese and overseas market, but why have these Chinese rivals not been active in releasing their smartphones...
LG To Launch Second Series Of L3, L5 and L7 Models: Is LG Catching Up With Samsung?
LG was the world’s fifth-largest handset maker last year, with a 3.3% market share. Is this about to change in the next couple of years however? This year, LG plans to promote a follow-up series of the line-up in...
TV Wars: 6 Reasons Why LG Will Be The Dominant Player For The Global TV Market
Display Search announced that the OLED (Organic Light-Emitting Diode) TV panel market in Korea is expected to grow to around $3 billion in 2015. LG Display officials announced that “[they] will continue to secure new sources of competitiveness to...
Launch of Kakao Page: Creative Contents Market In Korea?
KakaoPage, a platform that allows its users to market and sell their creative contents (audio, video, text) was launched last week. What exactly is it? Is the goal of making one million “profit-earning” partners within three years along with...