OTT Revolution in the Korean Media Market?
The market for OTT services that provide a variety of video contents such as dramas and films over the internet is growing rapidly. The biggest player currently is Netflix, the world’s largest provider of online streaming movies and TV shows. It currently has 60 million paid subscribers all over the world and plans to enter the Korean market next year! Meanwhile, the korean OTT market is growing, due to the widespread distribution of smartphones and LTE. We take a look at the competition heating up the Korean OTT market.
The Future of Virtual Reality - Interaction in Virtual Space
Virtual reality is evolving beyond just the visual realm. Now, technology has been developed enabling users to touch and move virtual objects in virtual space just like real objects. The big draw of this technology is that it enables multiple users to interact in a single virtual space without using any special equipment other than a 3D TV. We take a look into the future of 3D virtual reality, generating new services in a wide range of industries from medicine to architecture and education.
Daddy’s Lab: Teaching Kids to Code
Daddy’s Lab is a local startup specializing in personalized, user-specific solutions. It developed GameTube, a custom made gamepad with add-on sensors used for video games. The company uses its gamepad to help schoolchildren learn basic coding and create prototypes. The founder of Daddy’s Lab, Song Yeong-gwang, shares his business philosophy of self-production.
Is Premium Water Better for Your Health?
The premium bottled water business is booming with an increasing share in the US$ 600 million bottled water market. Despite the high price tag, these high-end products are gaining popularity in the market, recording a 20 to 30 percent growth each year. But does higher price equal more health benefits?