Korean smartphone users ranked No. 4 worldwide in terms of the amount of monthly data use. According to U.S. market research firm Strategy Analytics on March 19, the per-capita monthly data use of Korea's smartphone users averaged at 4.9 gigabytes last year, about three times higher than the global average of 1.65 gigabytes.
Finland came on top with 14.43 gigabytes, followed by Taiwan with 11.12 gigabytes and Japan with 5.11 gigabytes. Korea ranked higher than the United States with 3.86 gigabytes, Canada with 2.73 gigabytes and Britain with 2.65 gigabytes.
India (0.9 GB) and China (0.81 GB) turned out to have the per-capita monthly data use of less than 1 gigabytes. Key factors behind the surge in Korean smartphone users' data usage volume include the increasing trends toward video watching and mobile shopping.
Korean smartphone users' monthly data usage is forecast to reach 6.37 gigabytes this year, up 30 percent year on year.
South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as June, paving the way for domestic insurers to boost overseas alternative investments. The Financial Supervisory Service (FSS) is working&hellip
The Government Employees Pension Service (GEPS) has awarded overseas private debt fund mandates for opportunistic strategies to Apollo Global Management and Cerberus Capital Management to invest up to $160 million, according to the South Korean pension fund on March 24.&hellip
HI Investment & Securities Co. Ltd., an affiliate of South Korean shipbuilder Hyundai Heavy Industries Co. Ltd., has established an offshore aircraft leasing company to buy two used Boeing 777-300ER aircraft from a Chinese leasing firm for $209 million, jointly&hellip