Business growth in South Korea due to broadband access

Currently, 75% of households in South Korea have high-speed broadband access. New types of businesses, not really found in other countries, have developed as a result of the growth of the broadband market in South Korea. 


There are companies in Korea that provide “video on demand” online, often even with high-definition video, for less than Americans pay to rent a DVD.  Companies that provide online gaming as well as services like the Cyworld blogging site have penetrated all segments of society and become a national obsession.


 

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