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…


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Education Inequality in Korea is a Problem that Needs to be Solved

Having access to better schools, teachers, and private education is a huge advantage for those who can afford it. Education inequality exists all around the world, however, it is…


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Shopping Habits in Korea Changed Due to COVID-19

When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline…


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Will Bank of Korea Launch Digital Currencies in Korea?

The Bank of Joseon introduced currency notes in Korea back in 1946. 4 years later, a new central bank called the Bank of Korea replaced the Bank of Joseon. Now they play a major…


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Why is the Youth Unemployment Rate in Korea so High?

The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the…


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IDCITI offers an Underground GPS Solution for Smart Cities 

Localization and navigation rely strongly on GPS (Global Positioning System) as it is both easy to use and accurate. However, GPS signals can be compromised by both natural and…


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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.…


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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…


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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…


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9 Ways to Improve the South Korean Education System 

South Korea is one of the most educated countries in the world. The South Korean education system is respected around the world and ranks at the top in the OECD’s Program for…


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