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.


"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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