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Anti-Google Law in Korea – A Complete Breakdown
The Anti-Google Law or officially called the Telecommunication Business Act was passed on August 31st of 2021 by the National Assembly in South Korea. The law was passed by a vote of 180 to 0 with 8 abstained votes. The law will prevent Google as well as Apple from forcing developers to use their…
New Opportunities Created by the Coronavirus Pandemic in Korea
Some of the tech trends that came due to the global impact of the coronavirus pandemic in Korea are obvious. This includes video conferencing, ed-tech, telehealth, and eCommerce which have seen massive growth in Korea from 2020-2021. However, the bigger story and the longer-term story in Korea is…
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…
Industries in Korea Being Transformed by Blockchain Technology
Blockchain technology is one of the most exciting technologies around. It is being adopted across different industries from financial services to supply chains and many other industries. Industries in Korea are being transformed by Blockchain technology by offering greater transparency, enhanced…
Currency Exchange Startups in Korea Offer Alternatives to Banks
Banks in Korea or other intermediaries (airports) charge high fees for currency exchanges. Thankfully there are currency exchange startups in Korea looking to disrupt this sector. Mobile payment services like Naver Pay, Kakao Pay, and Toss have already cut costs and commissions for consumers in…
Genetics Startups in Korea Changing the Future of Healthcare
Advancement in technology has lowered the cost of gene sequencing technologies. This has led to the rise of genetics startups in Korea that are looking to change the future of healthcare. Genomic data is now widely available which will play a vital role in understanding complex diseases and more…
