▶️ South Korea: A Nation Powered by the Internet
South Korea, often dubbed the “Land of Morning Calm,” has earned another moniker: the world’s internet champion. With near-universal internet penetration and blazing-fast speeds, the country sits at the forefront of the digital age.
Let’s delve into the specifics:
High Penetration, Active Usage:
- Internet Usage Rate: A staggering 93% of South Koreans (aged 3+) used the internet in 2022, according to a government survey. This represents around 47.25 million users, a number projected to keep growing. (Source: Statista)
- World Bank Data: Further confirming this dominance, World Bank data reveals that 99% of the South Korean population used the internet in 2020.
Mobile Mania:
- Mobile Subscriptions: South Korea boasts an impressive 80.23 million mobile subscriptions, exceeding its total population. (Source: Statista)
- 4G Coverage: Nearly everyone enjoys seamless 4G connectivity, with operators like LG U+ offering 99.8% availability. (Source: Statista)
- 5G Rollout: The country is already rolling out 5G networks, ensuring its digital edge remains sharp.
Speed Supremacy:
- Fiber Optic Dominance: Over 80% of South Korean households have access to fiber optic internet, renowned for its lightning-fast speeds. (Source: Korea Internet & Security Agency)
- Download Speeds: South Korea consistently ranks among the top globally in terms of average download speeds, exceeding 300 Mbps in 2023. (Source: Speedtest Global Index)
Governmental Push:
- Early Investment: Early investments in infrastructure and supportive policies fueled South Korea’s internet boom.
- Universal Access Initiatives: Government programs aim to bridge the digital divide and ensure access for all, especially in rural areas.
Impact on Society:
- E-commerce Boom: South Korea boasts the highest e-commerce penetration in the world, with online shopping deeply ingrained in daily life.
- Digital Governance: The government actively utilizes digital tools for citizen engagement and service delivery.
- Tech Savvy Population: South Koreans are known for their tech-savvy nature, embracing online platforms and digital solutions.
Challenges Ahead:
- Digital Divide: Despite strides, a small segment of the population, particularly older adults, still lacks internet access.
- Cybersecurity Concerns: As digital reliance grows, cybersecurity threats necessitate robust security measures.
South Korea’s internet landscape is a testament to strategic investment and a population eager to embrace the digital world. As the country continues to innovate and address remaining challenges, its position as a global leader in internet use and accessibility seems unassailable.
▶️ South Korea Internet Penetration – Statistics Table
Category | Statistic | Year | Source |
---|---|---|---|
Penetration Rate | 93% | 2022 | Statista |
Internet Users | 47.25 million | 2022 | Statista |
World Bank Data | 99% | 2020 | World Bank |
Mobile Subscriptions | 80.23 million | 2023 | Statista |
4G Coverage | 99.8% (LG U+) | 2023 | Statista |
Fiber Optic Coverage | 80% of households | 2023 | Korea Internet & Security Agency |
Average Download Speed | 300+ Mbps | 2023 | Speedtest Global Index |
Additional Notes:
- Data may vary slightly depending on the source and methodology used.
- Statistics presented here are indicative and may not represent the most recent information.
- The table can be further expanded to include other relevant categories and statistics based on your specific needs.
The success of South Korea’s internet penetration stems from a multifaceted approach, with each factor influencing and reinforcing the others. However, we can highlight some key areas with supporting data:
1. Early and Sustained Government Investment:
- Investment in Infrastructure:
- 1990s: Government invested heavily in building a nationwide fiber optic network, reaching 97% of households by 2022. (Source: Korea Internet & Security Agency)
- 2023: Government allocated $5.7 billion for further network upgrades and 5G expansion. (Source: Reuters)
- Universal Access Initiatives:
- “Broadband Basic Service” program: Launched in 2004, it offered subsidized internet access to low-income families, reaching 1.8 million households by 2018. (Source: Ministry of Science and ICT)
2. High-Performance Infrastructure:
- Fiber Optic Coverage: Over 80% of South Korean households have access to fiber optic internet, boasting average download speeds exceeding 300 Mbps in 2023. (Source: Speedtest Global Index, Korea Internet & Security Agency)
- Mobile Network Penetration: South Korea boasts 80.23 million mobile subscriptions, exceeding its population, with extensive 99.8% 4G coverage and ongoing 5G rollout. (Source: Statista)
3. Competitive Market Landscape:
- Number of ISPs: Competition thrives with over 80 licensed ISPs operating in South Korea, driving innovation and price competitiveness. (Source: Ministry of Science and ICT)
- Market Share Distribution: No single ISP dominates the market, with leading players like SK Telecom, KT, and LG U+ holding roughly equal shares. (Source: TeleGeography)
4. Tech-Savvy Culture:
- Digital Literacy Rate: Over 90% of South Koreans aged 16-75 possess basic digital literacy skills, exceeding the OECD average. (Source: OECD)
- E-commerce Penetration: South Korea holds the highest global e-commerce penetration rate, exceeding 70% in 2023. (Source: Euromonitor International)
▶️ South Korea’s Internet Technology: A Statistical Glance
South Korea stands tall as a global leader in internet technology, boasting impressive speeds, widespread adoption, and innovative applications. Let’s delve deeper with specific data and draw relevant conclusions:
Infrastructure & Speed:
- Fiber Optic Coverage: A staggering 80% of households enjoy fiber-optic connections, reaching download speeds exceeding 300 Mbps on average. (Source: Speedtest Global Index, Korea Internet & Security Agency)
- Mobile Network Penetration: Over 80 million mobile subscriptions exist, surpassing the population, with extensive 99.8% 4G coverage and ongoing 5G rollout. (Source: Statista)
Adoption & Usage:
- Internet Penetration: A remarkable 93% of the population (aged 3+) actively uses the internet, translating to nearly 47.25 million users. (Source: Statista)
- E-commerce Penetration: South Korea holds the highest global e-commerce penetration rate, exceeding 70% in 2023. (Source: Euromonitor International)
- Mobile Internet: 80% of internet users access it via mobile devices, highlighting its seamless integration into daily life. (Source: Korea Internet & Security Agency)
Innovation & Development:
- Government Investment: Continuous investments in infrastructure and research & development contribute to South Korea’s technological edge. The 2023 government allocation of $5.7 billion for network upgrades and 5G expansion exemplifies this commitment. (Source: Reuters)
- Startup Ecosystem: South Korea boasts a thriving startup ecosystem, fostering innovation in areas like fintech, e-commerce, and artificial intelligence.
- Tech-Savvy Population: Over 90% of South Koreans aged 16-75 possess basic digital literacy skills, exceeding the OECD average. (Source: OECD)
Conclusion:
South Korea’s internet technology leadership stems from a strategic combination of government initiatives, robust infrastructure, widespread adoption, and a tech-savvy population. The impressive statistics paint a clear picture of a nation deeply integrated into the digital world. Looking ahead, continued investments, focus on innovation, and addressing the digital divide remain crucial for sustaining this success and maximizing its positive impact on society and the economy.
https://www.exaputra.com/2024/02/south-korea-nation-powered-by-internet.html
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
###
ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
Wine Grapes and Climate Change
I just spoke with a guy in the wine industry, and I asked him how, if at all, climate change is affecting what we does.
From his perspective, it’s the horrific wildfires whose smoke imbues (or “taints”) the grapes with an unpleasant flavor that needs to be modified, normally by creative methods of blending.
-
Climate Change2 years ago
Spanish-language misinformation on renewable energy spreads online, report shows
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Greenhouse Gases1 year ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change1 year ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Carbon Footprint1 year ago
US SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Climate Change2 years ago
Why airlines are perfect targets for anti-greenwashing legal action
-
Renewable Energy2 months ago
US Grid Strain, Possible Allete Sale
-
Climate Change2 years ago
Some firms unaware of England’s new single-use plastic ban