It’s Time to Become Rich: “No Money Day”

Typically when people shop, rather than just looking at quality, people often choose products with high psychological satisfaction for the price. This can be a way to relieve stress by having fun wasting a little money on items that are not immediately needed. However, consumption behavior is changing as the global economic recession and inflation set in. For example, for office workers and students, a cup of coffee is the driving force for star...

No K-pop on a Dead Planet

With the development of smartphones, it is difficult to find people who still listen to music using CD’s. However, sales of physical albums increased by 31% compared to the previous years. These figures may seem positive because they can be interpreted that the number of people interested in K-pop has increased, but they are not positive from an environmental point of view. This is because the increase in album production means that carbon...

The Korean Semiconductor Industry Is Dreaming of a New Leap

Semiconductors have risen as a key to economic security. Semiconductors are a key component of all electronics. They are the support of the Korean economy and account for about 20 percent of Korea’s total exports, holding the position as Korea’s top export for nine years. Korea is currently considered a semiconductor power, maintaining the largest share of memory semiconductors in the world. However, despite its achievement as the wo...

Pharos’s 40th Birthday

An Alumni Association party was held to commemorate the 40th anniversary of Pharos, which began in 1982. Alumni Association gatherings, which were active before the pandemic, were held non-face-to-face for several years due to COVID-19. Progress The 40th Alumni Association hosted an introduction session first. Through the ice breaker quiz time led by the alumni chairman, the atmosphere loosened up. Then, participants teamed up together and had...

Is This Son`s Country?

When better quality services emerge in free market competition, attention is focused on highly competitive products. The growth of the OTT industry, which had recently soared in popularity, is slowing down. OTT (Over-The-Top) is a service that provides media content to consumers through the Internet, and it had achieved enormous growth during the pandemic due to people spending more time at home. Representatively, Netflix and Watcha have become...

#OOTD #Y2K #Fashion

There are signs that fashion from the early 2000s will be popular among the MZ generation. The Y2K hashtag is the talk of the town. The reason why Y2K is that the Z generation, which has had limited social interaction due to COVID-19, is now becoming very active. As this generation is discovering through TikTok that the early 2000s was a flourishing period of popular culture, a phenomenon of nostalgia for the culture and fashion of this era has ...

Youth Hope Savings and Interest Rates

As the Bank of Korea is expected to continue to raise interest rates in 2022, people are putting more money into savings. Among them, the Youth Hope Savings program, which ended its subscription on March 4, is a hot product that stands out. 2 million people gathered for a preview service conducted for a preliminary demand survey alone to inquire about membership qualifications. On the first day of applications, banks' servers crashed due to ...

Was It a Choice or an Unavoidable Outcome?

The Winter Olympics, which attracts the attention of people around the world every winter, ended on February 20. Again this time, many people cried and laughed at the performance of sports stars while watching the games. The Olympics are a festival for people around the world that goes beyond various differences in culture and nationality. The slogan of the 2022 Beijing Winter Olympics was "Together for a Shared Future," which expresses the inte...

Air Purifying Plants for the Future

In Korea, air pollution caused by fine dust and yellow dust has long remained an unsolved issue. Recently, there have been many media reports about the seriousness of air pollution. Accordingly, people are making their best efforts to prevent air pollution so that we can enjoy clean air. Most households are dealing with this problem by purchasing and using air purifiers, but in studio apartments near schools or houses where people live alone, pu...

Preventing Secondary Harm in Court

Article 30, Clause 6 of the Sexual Violence Punishment Act, the Act on the Recognition of Evidence for Recording Statements by Children and Youth, was determined to be unconstitutional. The reason behind the decision is the Constitutional Court's claim that the accused should also be guaranteed the right of confrontation. However, the questions that child exual abuse victims receive in court are cold. The victim must explain from the begin...