Recently there have been two financial accidents in Korea. The first is the incident where the internal server of Hyundai Capital, a financial service company, was breached by a group of hackers and the customer database was stolen. The second incident happened at the NH(NongHyup) Bank where someone ill-intentionally deleted its financial information from the […]
As we know, people are buying actual products through internet shopping malls and early adopters are trying to make a deal via a mobile channel. Therefore online advertisement gets more important every day and the competition between search engine providers is becoming severe in Korea. Since Naver, Korea’s overwhelming search engine leader, exchanged an advertisement […]
In Korea, Samsung is anticipated to release Galaxy S2 on April 25th. Responding to Samsung’s report about the specification of Galaxy S2, the thickness will be 8.89mm which is the second thinnest next to Sony Ericsson’s Xperia Arc. The original thickness was introduced as 8.49mm at the presentation of MWC 2011. But because of adoption […]
The value of Zynga is continuously increasing. Its total revenue reached USD 850million and the number of total users was 72 million in 2010 after being founded in 2007. After launching several consecutive hit games, Zynga has become a killer content provider. How can this happen? Why do users like Zynga’s social game? 1. Easiness […]
Naver, the no. 1 web portal and search engine in Korea is building its basis for the commerce business through its coupon service, Naver Checkout Coupon. Naver Checkout is very similar with Google Checkout service, which is the payment platform that simplifies the total payment process by registering a credit card number to Naver ID. […]
Mobile RFID Zone will be launched this year. This project is initiated by several main players such as the Korean government(Ministry of Knowledge and Economy), credit card companies(Samsung Card, Shinhan Card and MasterCard) and carriers(SK Telecom and KT). If the RFID zone is established at multiplex theaters, users will be provided with mobile services […]
Recently phone manufacturers released that they will adopt NFC in most smartphones. But now, the total share of NFC embedded devices is very low. And it is not clear whether the hot potato iPhone 5 will embed the NFC chip-set. But players such as carriers and credit card companies seem to have no time to […]
Google launched its mobile payment platform ‘In-App Billing’ last month. This attractive platform will support a lot of applications within the Android market. This means Google has expanded its capability to the mobile area. Because there are powerful players such as PayPal in the online payment industry, it’s not easy for Google to increase its […]
Recently Salesforce.com acquired ‘Radian 6’ at $326M. Salesforce is the enterprise solution provider competing against IBM and Dell. These companies provide various services to business customers from the communication tool to the online sales platform. Salesforce bought Radian6 for the improvement of competitiveness by adding personalization technology based on social media. Radian6 is now providing […]
The payment market is devided into two areas, online and offline payment. Online payment is mainly driven by Paypal which meets the customer’s needs by simplifying the whole payment process in the online business. Since users felt inconvenient when they typed serveal infomation such as a credit card number, a cardholder and even expirated date, […]