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One man firms flourish in S. Korea

SEOUL, Jan. 29 (UPI) -- One-man businesses in South Korea increased by 15.7 percent in 2010, a symptom of the smartphone craze, the government said.

One-man companies swelled to 235,000 last year, mostly due to developers creating applications for mobile devices, the Small and Medium Business Administration said, The Korea Times reported Saturday.

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"The number of people who want to develop applications has been on the increase," said an unnamed teacher of a technology course. With a month of schooling, an app developer can start working independently, the teacher said.

The SMBA said 23.1 percent of the one-man firms were involved in media and technology services, up from 14 percent in 2009.

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