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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…
How Coupang Continues to Succeed Despite Being Unprofitable
Many investors, mentors, and advisors in Korea will tell you that sales/profits are everything for a startup. Turning a profit shows that you have succeeded and it is what every business should strive for. Or is it? Most businesses exist to make money, so why is it that some of the biggest…
10 Creative Online Classes on Class101 – English Site
Class101 is a Korean educational startup that offers online courses where you can learn a wide variety of things. From drawing, cooking, photography, and crafts to business skills for your career, it offers a wide range of kinds. If you are looking for a new hobby or want to develop skills that can…
The AR and VR Industry in South Korea – A Complete Breakdown
The XR market is one of the hottest/fastest-growing industries in the world. XR refers to extended reality and incorporates both AR and VR technology. The global VR market alone is projected to reach $5.1 billion by 2023. The South Korean government has supported the Korean tech startup scene which…
Lockpick Games Help Students Prepare for Standardized Tests
As any parent knows, studying for exams can be daunting for young children. Not only do they have to contend with the sheer amount of material they need to memorize, but they also have to figure out how to make sense of all this information in the context of a test. Edtech gaming startup Lockpick…
