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Subscribe : http://www.youtube.com/subscription_center?add_user=arirang Issue Essence of global game market [G-Star 2013] The world's biggest game exhibition G-Star will be held Nov. 14-17 in Busan as before. This will be the 13th year the exhibition is taking place. Each year, various foreign companies attend this event, reflecting South Korea's status as a game power. Its popularity exceeds most motor shows or film festivals. The biggest spectacle of the game show is said to be the dynamic images displayed on the large screen and fancily decorated large online game booths. Game is a key content that represents South Korea. Game industry is also a part of the creative industries that will lead the country's new growth engine. We will explore the global game industry trends by finding out which games will come under the spotlight during this year's G-Star exhibition. We will also examine the current status and outlook of South Korea's game industry. Interview Ladder of South Korea's economic take-off, measures to foster mid-sized companies Interviewee: Lee Doo-won, Professor, School of Economics, Yonsei University Mid-sized firms are regarded as the growth ladder of hope for South Korea, which lacks a growth engine, connecting small and large companies. Mid-sized firms account for more than 10% of South Korean companies' overall sales and profits. They also take up a sizable portion of the country's job creation and exports. But there are only 1,422 mid-sized firms in the country, accounting for merely 0.04% of the total number of companies in South Korea. This is the lowest when compared to major countries such as Germany, Sweden, the U.S. and Japan. Unlike the previous government which was criticized for taking large company oriented economic policies, the new government is inducing social interest to foster mid-sized firms as part of an "economic democratization." Indeed, the government has recently announced measures to establish a growth ladder for mid-sized companies and provide customized supports, differentiated by growth stages, to mid-sized firms with annual sales of less than 500 billion won. We will discuss the steps to remove the "stone in a shoe," or difficulties faced by mid-sized firms, which are regarded as the waist of South Korean economy and the key to solving the country's low growth problem. ICT Translation and interpretation technology evolves with ICT Thanks to a development in translation and interpretation technology, people can now talk to foreigners in real time even if they don't speak the languages. Electronics and Telecommunications Research Institute, or ETRI, has developed a real time automatic interpretation application 'Genie Talk' which recognizes voice and shows texts in a foreign language translated via the central server and communication. Genie Talk's automatic translation quality is the world's top level, more than 15% better than Google translation. Genie Talk is slated to add translation services for eight more languages, including Chinese, Russian and German, by the 2018 Pyeongchang Winter Olympics. Meanwhile, ETRI has also developed a multilanguage broadcasting service technology for multicultural families. Several foreigners watching the same TV can choose the language using the multilanguage service icon on TV screen. By putting on the ear phones connected to smartphones, they can listen to voices in their native language. Support for all the languages in the world will also be possible when a content is made in the future. We introduce you the translation and interpretation service evolving day by day with ICT technologies. Hidden champions "Glami," Relieves hangovers from around the world Each country has its own way of relieving hangovers. Among them, a natural herb tea for hangover made by a small South Korean firm Glami, is becoming popular among drinkers in the world. "Dawn 808," created after 808 experiments, uses all natural ingredients such as alder tree, ginger and honey. It earned recognition for its hangover curing effects and received patents from 11 countries including the U.S., Japan and China. The U.S. Food and Drug Administration deemed it non-toxic, verifying its safety. As a result, it is establishing itself as a must have hangover cure for drinkers from 17 countries, including the U.S., Japan, Mexico as well as South Korea. Let's meet Glami, which is leading a healthy drinking culture in the world.