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AI and IoT Will Revolutionize 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…
How Korean Startups Can Enter the Global Market
For South Korea to become a strong startup hub globally, they obviously have to be able to enter the global market. The Korean government has strongly pushed to bring in as much foreign talent as possible as well as work with other countries to bridge the gap between Korean startups and their…
The Space Program in South Korea Continues to Grow
What SpaceX has shown us is that there is value in exploring space. South Korea also agrees which is why they will spend over $550 million in 2021 on space activities such as producing satellites (half the budget), an integrated satellite data management system, rockets, and other key equipment.…
How Clubhouse in Korea will Change the Way Koreans Network
Entrepreneurs living in Korea have started to hop on to Clubhouse to not only expand their network but also grow their business. It is interesting to see how quickly Clubhouse in Korea has taken off. As most might already know, Clubhouse is only available on IOS. There are been reports that Koreans…
Innovative BioTech Companies in Asia to Watch out For
Biotechnology (BioTech) is technology based on biology. It uses cellular and biomolecular processes to develop technologies and products that help improve our lives. The Biotech industry is broken into three main sectors: medical, agricultural, and industrial. Many of the top innovative Biotech…
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…
