* Date : 2018-11-22
Money Monster Episode 25
Solar energy, transforming light into power
Solar power has been considered as a limitless energy source. And advanced technologies which can transform sunlight into energy have been developed and they have been closely related to people's daily lives. Unlike fossil fuels, it is an eco-friendly energy source that doesn't emit pollutants. And it can reduce electric charge, so it has gained popularity among consumers. Solar energy facilities have been actively introduced to public organizations and households. A solar-powered compacting bin is introduced to a park located in Seoul. The system automatically compresses the waste and the total volume of waste can be decreased to an eighth of the original amount. And it is only powered by solar energy. Along with the extended supply of solar power, various types of home appliances that applied solar power technology have been newly released. And solar-powered air purifier is one of the examples. It has garnered a lot of attention among consumers due to the fine dust issue. Also, the number of energy-independent village has increased. An energy-independent village located in Seoul has installed over 500 solar panels and generated electricity with solar energy. We explore the continuing development of solar power and the changes it has brought to people's daily lives.
Expansion of advanced medical service market
The advanced medical device industry has achieved rapid growth along with the implementation of smart IT skills including 3D and AI. The government has announced its plan to promote deregulation and foster the medical device sector in order to accelerate innovative growth. As a result, a lot of different medical departments including university hospital, plastic surgery and dental clinic have provided high-quality medical services to patients. 3D printing technology, which can be applied to a wide range of areas, has been used for the simulation programs or implants. So it has been actively used in the fields of orthopedics and plastic surgery. Also, augmented reality technology enables the doctors to carry out simulations on surgical operations in advance. And it can help patients better understand about the organs and bone tissues. A variety of advanced medical technologies which have only been seen in films have been realized. We introduce the ongoing development of smart medical technologies.
2018 Korean Free Economic Zones
Free economic zones have been designated to secure the autonomous economic activities of companies and attract investment more effectively. The districts are all located near ports and airports. And they have established improved infrastructure based on the talented manpower. Therefore, it has achieved continuous growth as a district where various industries including manufacturing, distribution, tourism and service coexist. In 2003, Incheon Free Economic Zone became the first nationally designated economic zone. It has built an advanced environment for global businesses based on the Incheon International Airport as well as Incheon port. And it has emerged as a smart city that leads the high-tech industries amid the era of the fourth industrial revolution. Yellow Sea Free Economic Zone was established with Pyeongtaek port as the center. And a lot of global companies in the field of high-tech industry have formed industrial clusters. Gwangyang Bay Area Free Economic Zone is a region where new industries as well as culture and tourism industries coexist. A bio cluster has been established in Chungbuk Free Economic Zone and it has strengthened its competitiveness as a global city. East coast Free Economic Zone has become one of the promising regions which can create higher value-added businesses based on the abundant nonferrous metal resources. Moreover, a lot of higher value-added businesses coexist in Busan-Jinhae Free Economic Zone. And Daegu-Gyeongbuk Free Economic Zone has formed improved infrastructure for knowledge-based industries and service sector. We look into seven free economic zones of Korea which have created higher added values and emerged as a hub of global businesses.