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Why Korean Startups Should Not Apply for a Patent in Korea
Korean startups that have a product will usually get the advance to patent their product. I have been covering the Korean startup scene for over 7 years and I have met many inventors and startup entrepreneurs in Korea who have gone through applying for a patent in Korea. What I learned is that…
The Rechargeable Battery Industry in South Korea
Having a clean energy economy is something many of the top countries are looking into. One of the keys to having a clean energy economy is the production of high-tech batteries. These batteries power electric cars, store solar energy, and wind energy. Currently, China dominates lithium-ion battery…
BMW Group Korea Looking for Innovative Startups in Korea
BMW Group entered the South Korean market by setting up a subsidiary in 1995. For the next 25 years, they have built a strong presence in South Korea and have invested over $350 million to date. This had lead to thousands of new jobs and new facilities across Korea. Recently, there has been a…
Electric Vehicle Charging Startups in Korea – Clean Mobility
The South Korean government is moving quickly to set up charging stations all across Korea. In order for the electric vehicle industry to thrive in Korea, a strong recharging infrastructure needs to be built. The biggest weakness for EVs at the moment is their short driving range. The South Korean…
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…
