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South Korea's President Park Geun Hye | By: Pool | Getty Images

Aug 10, 2016 AM EDT - YuGee

President Park Leads Meeting on Role of Science and Technology in Economy

President Park Geun Hye headed a national science and technology strategy session to discuss the potential growth means and methods to give a new boost to the economy of the country.

Internet of Things illustration (Photo by appleuzr)

Nov 20, 2015 AM EST - Czarelli Tuason

South Korea Has 4.08 Million Subscribers To Internet Of Things Networks

With the increasing number of wearable devices in South Korea, the users for Internet of Things-connected units in the country has increased to 4.08 million by the end of September.

SK Telecom aims to commercialize 5G network in South Korea. (Photo by Atsushi Tomura/Getty Images)

Nov 11, 2015 PM EST - Czarelli Tuason

South Korean Mobile Carrier SK Telecom Opens 5G Playground

SK Telecom opened on Thursday their 5G Playground innovation center in Bundang, Gyeonggi Province.

Fake brand-name products seized by Chinese authorities.  (Photo by ChinaFotoPress via Getty Images)

Nov 09, 2015 AM EST - Therese Agcopra

China Strengthens Crackdown of Counterfeits as Number of Fake or Low Quality Products Sold Online in 2014 Reaches 40 Percent

State-run news outlet Xinhua is reporting that 42.3 percent of products sold online in China last year were either fake or substandard, according to China's National People's Congress (NPC).

Chinese Premiere Li Keqiang and South Korean President Park Geun Hye. (Photo by Lee Jin-Man - Pool/Getty Images)

Nov 06, 2015 AM EST - Therese Agcopra

Chinese Premiere Li Keqiang Shows Interest in South Korea's Technology Field by Visiting Innovation Center in Gyeonggi Province

Chinese Premiere Li Keqiang hopes for South Korea and China to enter the Internet of Things (IoT) market together.

LG Electronics' OLED smart TV (Photo by Jung Yeon Je / Getty Images)

Nov 03, 2015 PM EST - Czarelli Tuason

LG Pursues Their Search For Partner Companies In A Bid To Gear Up For The Internet Of Things Market

LG is currently developing devices that are capable of operating with the latest Internet of Things technology and is seeking to find partner companies that would help enhance their creations.

OECD headquarters in Paris. (Photo by Antoine Antoniol/Getty Images News)

Oct 22, 2015 AM EDT - Therese Agcopra

South Korea Leads In Research and Development Spending, Ranks Twelfth In Number of Scientific Papers Published in Journals, According to OECD's 2015 Scoreboard

South Korea is the leading country in terms of spending on research and development and boasts one of the fastest-growing disruptive technologies globally.

Sotuh Korea develops an Internet of Things (IoT) ecosystem to counter decline in tech companies. (Photo by Michael Bocchieri/Getty Images North America)

Oct 07, 2015 PM EDT - Czarelli Tuason

South Korean Government To Invest 350 Million Dollars To Develop An Internet Of Things Ecosystem

With the country's declining growth of traditional tech industries, South Korea is now set to invest $350 million for the development of IoT ecosystem in order to compete with different technologically advanced nations.

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