Domain: yonhapnews.co.kr
Stories and comments across the archive that link to yonhapnews.co.kr.
Comments · 10
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Only in California!
Suing an oil company for climate change is like suing a farmer because you're fat.
What's truly immoral is trying to prevent us from solving the climate problem. I would rather sue Greenpeace for this crap:
http://english.yonhapnews.co.k... -
Re:More spin to hide the nosedive
Wrong. Samsung is more profitable than Apple, even if they don't make a $400 profit per phone.
From Yonhap News dated 2017/06/04:
According to the data compiled by Strategy Analytics, Samsung Electronics took up 12.9 percent of the combined operating profit posted by global players by posting US$1.57 billion in earnings over the January-March period, down 21.9 percent from a year earlier.
Samsung's archrival Apple Inc., on the other hand, posted an operating profit of $10.1 billion over the cited period, accounting for a whopping 83.4 percent of the global industry, a gain from 79.8 percent posted last year. -
South Korea Example - Small Notes until 2008
An interesting case study is the one of South Korea, which until 2009, the largest bill was the 10K Won note (~$8 USD). Banks would actually issue banker checks in denominations of 100K Won in order to fill the need. That said, in 2009, South Korea began to issue a 50K Won note (~$40 USD). What's interesting is that the collection rates of the notes has dropped down to about 27%, much lower than the 80-90% collection rate on other denominations. However, most Koreans believe that the large bills are being "pulled" out of circulation by the "underground economy" - basically under-the-table cash transactions which can be innocent (people hoarding cash) to gray (small businesses underreporting cash earnings for tax evasion), and black (corruption and criminal slush funds). It's a huge issue in Korea, where the underground economy is estimated between 17-25% of GDP... basically, a large chunk of the economy untaxed and regulated. The collection rate had peaked around 61.7% but dropped when the government began to more aggressively pursue tax dodgers. Short news article here andhere. Information on the underground economy here.
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US Desires this - nad deliberately PROVOKED it.
Who's "Provocative Action"?
March 29 2013 - Hagel says U.S. has to take North Korean threats seriously
Defense Secretary Chuck Hagel said on Thursday that North Koreas provocative actions and belligerent tone had "ratcheted up the danger" on the Korean peninsula,
...March 28 2013 - US sends nuclear-capable B-2 bombers to SKorea
The U.S military says two nuclear-capable B-2 bombers have completed a training mission in South Korea
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The U.S. says the B-2 stealth bombers flew from a U.S. air base and dropped munitions on a South Korean island range before returning home.March 26 2013 - U.S. Army learns hard lessons in N. Korea-like war game
The Unified Quest war game conducted this year by Army planners posited the collapse of a nuclear-armed, xenophobic, criminal family regime that had lorded over a closed society and inconveniently lost control over its nukes as it fell. Army leaders stayed mum about the model for the game, but all indications -- and maps seen during the game at the Army War College -- point to North Korea.
March 20 2013 - U.S. flies B-52s over South Korea
The U.S. Air Force is breaking out some of its heaviest hardware to send a message to North Korea.
A Pentagon spokesman said Monday that B-52 bombers are making flights over South Korea as part of military exercises this month.
March 19 2013 - S. Korea, U.S. carry out naval drills with nuclear attack submarine
South Korean and U.S. forces have been carrying out naval drills in seas around the peninsula with a nuclear attack submarine as part of their annual exercise, military sources said Wednesday, in a show of power against North Korea's threat of nuclear attack.
The two-month field training, called Foal Eagle, has been in full swing to test the combat readiness of the allies, amid high tension on the Korean Peninsula in light of a torrent of bellicose rhetoric by North Korea. It kicked off on March 1 and runs through April 30.
March 17 2013 - Troops remember sacrifices of Cheonan sailors
Halfway through the around-the-clock Key Resolve drills Friday, 8th U.S. Army Commander Lt. Gen. John D. Johnson remained full of energy as he underscored that the allied forces were ready to cope with North Korean threats.
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Despite their hectic schedule, the troops gathered early in the day to pay respects to the 46 deceased crewmembers of South Korean corvette Cheonan, which was sunk by North Korea's torpedo attack on March 26, 2010.March 12 2013 - First day of SK-US military exercises passes without provocation
Around 10,000 ROK troops and 3,000 US soldiers, including 2,500 reinforcements from US Pacific command in Hawaii, are taking part in the military exercise, which will continue through Mar. 21. Another 10,000 US soldiers will be deployed by the end of this month for the Foal Eagle exercises. Also flown in to participate in the exercises were B-52 bombers and F-22 stealth fighters, which boast the world's highest levels of performance. These two kinds of aircraft can maneuver throughout Korean airspace without landin
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for the seventh time since 1993
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Motivation
Seems to me that these kids need something to do, they are actually into accomplishing something (playing for the higher score I guess), it's just that their motivation is screwed up.
Of-course many people have addictive personalities, if it weren't for the games, they might have been into addictive drugs, but again, they need something to do.
I looked up the labour laws in South Korea, here is something to note
Article 62 (Minimum Age and Employment Permit)
(1)A person under the age of 15 shall not be employed as a worker. However, this shall not apply to a person with a employment permit issued by the Minister of Labour.
(2)The employment permit referred to in paragraph (1) may be issued at the request of the person himself only by designating the type of occupation in which he is engaged, provided that such employment will not impede compulsory education.Article 63 (Prohibition of Employment)
Female wokers and those who are under 18 shall not be employed for any work detrimental to morality or health. The prohibited type of work shall be determined by the Presidential Decree.
Article 64 (Minor Certificate)
For each minor worker under 18, an employer shall keep at each workplace a copy of the census register testifying to his age and a written consent of his parent or guardian.
(and there is more there).
Also they have a minimum wage law there as well, it's over 4 bucks per hour.
Given that there is also compulsory education, (which I think has to do with teacher unions, that want to secure their positions) and it is a very 'heated' and competitive environment, in a way that requires very high marks to be able to get a job apparently, there is obviously too much stress.
This type of education process combined with these types of labour laws are aimed at producing workers, employees, not businessmen, not owners of business.
I think if South Korea wants to give more opportunities to its young people, to reduce this stress and increase entrepreneurship and independence, they need to allow people to opt out of the compulsory education process and to allow people to hire minors as apprentices and they need to wave all sorts of regulations, starting with the minimum wage.
There has to be a way for a business to advertise to kids younger than 15, maybe 11-12, to get kids interested in what the business is doing and to allow the kids to get experience in that business (even if this means they don't get paid much and they have to forgo the compulsory education).
I think we are creating robots, not individuals with this compulsory education and pressure to get highest scores on exams rather than allowing people to experiment with their interests in different types of businesses early on. I think the kids who are into these games are actually goal oriented and they are suppressed and depressed by the system, they could be entrepreneurs, but they are robbed of that chance.
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Re:"If this was Microsoft"You're mistaken, the original investigation against Google was in regards to illegal data collection.
Both local and foreign companies are under investigation for this type of activity, per
http://english.yonhapnews.co.kr/national/2011/05/03/28/0302000000AEN20110503005600315F.HTMLHours later, SMPA investigators also conducted a surprise raid on the headquarters of local portal site Daum on similar suspicions. The investigators confiscated hard drives and other documents during their raid on Daum's Seoul office in Hannam-dong, central Seoul.
Google seems to have hindered the investigators from what's being said, something that none of the other companies under investigation have done. Not sure how you can link that with protectionism or some kind of bias.
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Re:Doesn't make sense
Apple has no injunction against any Samsung 7" tablet, and hasn't tried to get one
Samsung itself, along with hundreds of news outlets, would no doubt be interested in hearing your theory. Do you have the slightest shred of evidence to back it up?
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Daum was also raided for the same reasons
Hours later, SMPA investigators also conducted a surprise raid on the headquarters of local portal site Daum on similar suspicions. The investigators confiscated hard drives and other documents during their raid on Daum's Seoul office in Hannam-dong, central Seoul.
http://english.yonhapnews.co.kr/national/2011/05/03/28/0302000000AEN20110503005600315F.HTML
To put it bluntly, collecting personal data that isn't necessary is illegal in Korea .. like it should be everywhere else to be quite honest.
Not sure why so many people seem to be suggesting that Google (or any other company) should be collect all sorts of data at will. -
Re:This is embarrassing for Apple
Yeah, if Apple just recolored their existing products, it would also give Android device makers a chance to finally catch up.