The first thing that many notice about Koreans and Korean culture, is their insatiable demand for the newest, fastest, and sexiest electronics. Subways are filled with smart phones, Seoul is almost totally wired on wifi networks, and flat screen TV’s hang from the walls of even the seediest establishments. Clearly, Korea holds their own when it comes to money spent on technology and the domestic powerhouses Samsung and LG make nearly every device. But can a country which loves Korean made gadgets continue to keep up? We think so. Yet there are still some barriers to the industry which may need to be broken. This week we’ll talk about the technology industry in Korea from a general perspective, identify trends in certain devices, and address the levies and taxes which end up subsidizing a large portion of this crucial sector in Korea.

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