Lithium, also known as “white gold,” has been thrown into the limelight during the last few years as the key component of batteries. However, despite the prolonged high demand, lithium recently saw an unexpected price drop that reached a low of ¥162.50 last October, due to global recession and slugg
Platform businesses enrich our lives in the era of platform capitalism by providing various services. However, both customers and workers who participate in the platforms suffer various problems. Since the Korea Development Institute announced a proposal to strengthen the protection of platform work
In July, the Korea Magazine Association held its magazine publishing seminar abroad for the first time in its 61 years of existence. The association’s unusual action indicated the need for valuable foreign ideas to revive the Korean magazine industry. Since when did magazines, the icons of popular c
After abandoning social distancing, movie theaters are facing an unexpected crisis. Unlike the speculation that the theater industry would recover at the end of the pandemic, movie seats remain empty. According to the Korean Film Council (KOFIC), the current number of moviegoers accounts for less th
Through the effectiveness of digital technology, proptech introduces a new concept to the current property industry. The Korea Association of Realestators and a proptech company named Artiwealth proved this new trend by making a contract on March 13th. Furthermore, there is no question that proptech
Since Play to Earn (P2E) games are prohibited by law in Korea, many Korean players have felt left out. However, on October 13th, the Game Rating and Administration Committee (GRAC) announced that they would find ways to allow P2E games to keep pace with the rapid changes in the game industry. Theref
Much of the world is starving. The disruption of the global grain supply caused by the Russia-Ukraine Invasion and the global food crisis derived from abnormal climate changes have emerged as severe social issues. However, smart farming has been rising as a solution to the food crisis. The Sungkyun
Trams, a transportation system normally only seen abroad, are potentially making an exciting return to various cities, including Busan, Daejeon, and Ulsan. In July, Hwaseong City announced its plan to reinstall trams by December 2027. However, voices of concern are arising for this new form of trans
Roads are full of vehicles. Drivers spend hours behind the wheel each day. What if we can do things other than drive while the car is moving? Autonomous cars can save a lot of time for us. Starting from this April, autonomous buses will operate around the Cheonggyecheon area in Seoul. Therefore, the
Recently on the streets, some Kingos may have heard someone ask, “Are you Daangn?” This phrase is used to ask if a person has made an appointment through Daangn Market, which is a famous second-hand marketplace application. The second-hand market that was once considered eccentric has become a smart
Due to the coronavirus (COVID-19), more people are looking for food delivery options and almost reflexively, their respective reviews and ratings. However, nowadays, credibility problems of reviews and ratings have come up because of fake and malicious reviews. As a result, many companies have prepa
In the second half of this year, President Moon Jae-in announced a plan to invest 20 trillion won in electric vehicles (EV) and fuel cell electric vehicles (FCEV) over the next five years. This is to make Korea the most competitive country in the field of future cars. EVs use electricity for driving