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Why Breaking into the Korean Beer Market is Difficult
The Korean beer market is seen as one of the largest beer markets in Asia. This might be surprising due to the population size which stands at 52 million and is known mainly for consuming soju. However, Korea ranks inside the top 20 when it comes to beer consumption. Beer is the most consumed…
The Aerospace Industry in Korea on a Trajectory for Higher Growth
South Korea has been aggressively building up its space program. The aerospace industry in Korea is now bigger than ever. The aim is to attract global partners and venture into the space economy. South Korea is not alone, 13 other countries have established their own space agency over the past…
AI and IoT Impacting the Consumer Shopping Experience in Korea
As the world adjusts to shopping online since COVID-19, South Koreans are already used to it. South Korea already ranked inside the top 3 for online shopping even before COVID-19. Now, South Korea ranks second behind China in terms of online consumption. It is estimated that a little over 50% of…
Portable Gamma-Ray Cameras Can Revolutionize Industries
Gamma rays are beams of radiation emitted by breaking down the nuclei of radioactive atoms. Therefore, gamma-ray cameras (gamma cameras) can be used in many industries such as nuclear medicine, homeland security, food safety, and more. However, traditional gamma-ray cameras for imaging require a…
A Comprehensive Guide to 5G in South Korea
While China is considered King when it comes to 5G technology, then South Korea is the prince. South Korean telecommunication companies have made 5G services available to consumers in April 2019. The Korean government has offered tax breaks and government investments totaling $27 billion by 2022.…
