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3D Printing in Korea will become a Billion Dollar Industry
Digitizing manufacturing into software is what gets so many investors excited about 3D printing technology. The 3D printing industrial revolution is starting in Korea. Globally the industry was worth $15.2 billion in 2021 and is expected to grow to $68.7 billion by 2028. 3D printing in Korea is…
LG Uplus Looking to be Korea’s Top VR Content Provider
LG Uplus seems to be going all-in on VR to raise its 5G network subscribers. LG is Korea's third-largest mobile carrier behind SK and KT. They hope that their focus on VR will be their way of breaking into the top 2. This will be their strategy to differentiate themselves in the highly-competitive…
Center for Creative Economy & Innovation in South Korea- CCEI
The first Center for Creative Economy & Innovation in South Korea was set up in Daegu City in September 2014. Ever since then, a total of 19 Centers for Creative Economy and Innovation (CCEI) have been established in cities and provinces all across South Korea. All the centers are operated by the…
Drug Discovery Startups in Korea Leading the Drug Development Industry
More and more drug discovery startups in Korea are incorporating AI technology in their drug development process. Drug development in Korea is a long process with many trials and regulatory hurdles that startups need to address. It is not uncommon for biotech startups in Korea to do over a decade…
Korean Fintech Startups Focusing on Invest-Tech
If you visit Korea, especially Seoul, you will see that Fintech is everywhere and has now become a standard practice for many industries. Korean Fintech startups and companies have made the lives of many Koreans a lot easier. Today Koreans can pay their bills, access their banks, and even shop…
E-Commerce Solutions in Korea Helping Businesses Go Online
COVID-19 has forced many businesses in Korea to go out of business, others were able to adapt. Adapting often meant going online as more and more consumers in Korea have also transitioned to online shopping. South Korea is now an e-commerce powerhouse and ranks 2nd globally in terms of online…
