Saturday, September 25, 2021

The Sewol Ferry tragedy and digital technologies

For those who wish to understand the full impact of the tragic sinking of the Sewol Ferry in April of 2014, the half-hour film by Yi Seung-jun is must viewing.  It was published by The New Yorker as a documentary episode in 2019 and has also received wider distribution on YouTube.  Consequently, this post is long overdue.
 The film presents the tragic event as a chronological documentary that is truly heart-wrenching, but necessary viewing for those who want to better understand the Sewol tragedy and its influence on Korea's politics and digital development  Those of you who may have followed earlier posts on this blog (which can be reviewed at this link) will benefit from viewing the film. 

Saturday, September 4, 2021

Korea's exports surge 34.9 percent in August


As reported by The Korea Joongang Daily and other local media, Korea's exports grew by about 35 percent in August, with semiconductor chips leading the way.  As noted in the article, "August’s exports were led by semiconductor exports, up 43 percent year-on-year to $11.7 billion as demand for computer chips remained strong.  Exports of semiconductors in August hit a record. Semiconductor exports increased for 14 consecutive months, and the rate of increase has been double digit for five months."  Other ICT sector exports or products heavily influenced by digitalization played a role in this pattern.  "Wireless telecommunication equipment exports were up 62.2 percent year-on-year to $1.4 billion helped along by the rollout of new phones.  Exports from new industries, including those involved in the making of electric vehicles (EV) and biopharmaceuticals, were strong. EV exports surged 130.8 percent, while biopharmaceutical exports grew 17.1 percent."  Clearly digital technologies and industries that depend on them are the primary engine of this nation's export led economy.