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Korean Cosmetic Industry – Overview of the K-Beauty Market
Due to the rise in demand for K-Beauty products in the United States and Asia, exports of cosmetics in Korea went up 16% in 2020 to $7.5 billion. The data was collected by the Korea Customs Service and the Korea Cosmetic Association. This means that South Korea is currently the 9th largest…
Clova by Naver – The Siri of South Korea
The AI technology sector in Korea is on the rise. AI is now incorporated into smartphones via virtual assistants such as in the case of the iPhone's Siri. South Korea has its own "Siri" and it is CLOVA, a virtual assistant developed by Korean Internet giant Naver. Most global IT companies have…
The Electric Vehicle Industry in Korea – 3 Million EVs by 2025
The South Korean government plans to invest heavily in the electric vehicle (EV) industry in the coming years. The electric vehicle industry in Korea is in massive growth thanks to the support of the government. They will be incorporating the same low-emission subsidy/tax credit strategy used by…
KITA – The Top Association for Open Innovation in Korea
KITA, the Korea International Trade Association has been around for over 70 years. KITA is the top association for Open Innovation in Korea. Their aim is to advance the Korean economy through trade. It is at the moment the biggest business organization in Korea with over 75,000 member companies.…
MixCare Health – A Health and Wellness Platform for Enterprises
Healthcare is one of the most fundamental human rights, yet people in many parts of Asia are not getting the most effective healthcare from their providers. One important factor contributing to this disparity is the lack of democratization and digitization in healthcare systems. Digital…
Quickwork Helps Enterprises Build Automated Workflows
There is no doubt that modern enterprises are facing a significant challenge when connecting different applications and systems to automate workflows and processes. On the one hand, enterprises need to ensure that their solutions are flexible, easy-to-use, and accessible for all employees. On the…
