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Nosotek
Nosotek () is the first Western-invested IT joint venture company in North Korea. Nosotek is known for developing computer games for various platforms, such as iPhone, j2me and Wii. They claimed to have 50+ programmers on the team jointly managed by western and local managers in 2009. Nosotek's main target market is Europe. Nosotek offers clients billing through either a Hong Kong or Chinese company, according to its website, which promises “skills, secrecy, dedication.” History Nosotek was founded in July 2007 by the North Korean General Federation of Science and Technology (GFST) and the foreign entrepreneurs Felix Abt and Volker Eloesser. Ju Jong Chol also played a major role in founding of the company. The company was joint venture between GFST and Felix Abt and Eastmars Ltd (Owned by Volker Eloesser). Nosotek took industry by surprise with its popular western oriented games. This included a popular role-playing for Nintendo Wii and an app that reached that reached A ...
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Pyongyang Racer
''Koryo Tours Pyongyang Racer'' or ''Pyongyang Racer'' is a 2012 racing game developed by Nosotek and published by Koryo Tours. The player drives a Hwiparam II around Pyongyang and visits several of its sights while collecting fuel and avoiding other vehicles. The game was created as an advergame for Koryo Tours, a travel agency organising tours to North Korea, by the outsourcing company Nosotek in collaboration with students from the Kim Chaek University of Technology. As one of North Korea's few video games, ''Pyongyang Racer'' was released by Koryo Tours through its website in December 2012. Reviewers criticised the game's gameplay, graphics, controls, and music. Gameplay ''Pyongyang Racer'' is set in Pyongyang, the capital of North Korea. The player controls a Hwiparam II-model car (of North Korean manufacturer Pyeonghwa Motors), using the arrow keys to accelerate, reverse and steer, as well as the space bar to sound the horn. They are tasked with driving along a pre-d ...
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Felix Abt
Felix Abt (born 15 January 1955, Switzerland) is a Swiss business affairs specialist on North Korea and Vietnam. Abt was one of the first foreign entrepreneurs to seek to do business in contemporary North Korea, where he lived between 2002 and 2009, and developing and operating businesses. He co-founded and directed the Pyongyang Business School, where he was involved in capacity building related to business administration for senior executives of North Korean government agencies and enterprises. Abt published a memoir titled ''A Capitalist in North Korea: My Seven Years in the Hermit Kingdom'' in 2014. Career Before he rejoined the ABB Group in 2002 and moved to North Korea, Felix Abt had been working from 1990 for companies in countries and regions such as Vietnam, the Middle East and Africa. In 2002, Abt was appointed resident Group Representative in North Korea by the Swiss-Swedish ABB Group, an electrical power and automation technologies company. On 19 May 2003, he signe ...
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Koryo Tours
Koryo Tours is an independent Western travel company based in Beijing, specializing in group and independent tourism to North Korea. Their tours run throughout the year covering budget to exclusive trips. There are packages for staying in the capital Pyongyang with visits to the DMZ at the border with the Republic of Korea. At different times of year there are other events such as the Mass Games and the Pyongyang International Film Festival which are available as special tours when they are running. History In 1993, Koryo Tours was set up by Nick Bonner and Joshua Green and they have been organizing trips into North Korea since 1993. Simon Cockerell joined the company in 2002 and in 2015 was the general manager. Tourism In 1993, Koryo Tours was appointed as a travel specialist by the Korea International Travel Company, part of the Government of North Korea. Koryo Tours takes in over 50% of westerners visiting North Korea. Koryo Tours is responsible for opening up of new de ...
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Kim Chaek University Of Technology
Kim Chaek University of Technology is a university in North Korea, on the banks of the Taedong River in Pyongyang. It is named after General Kim Chaek. The university's programs in nuclear reactors, nuclear electronics, nuclear fuel and nuclear engineering specialize in training researchers and technical personnel. Graduates are reportedly posted to the Yŏngbyŏn Nuclear Research Center or to nuclear facilities in Pakch'ŏn-kun. History Kim Chaek University of Technology was originally part of Kim Il Sung University before it was established as the Pyongyang College of Technology (平壤工業大學) in 1948. In 1951, during the Korean War, the college's name was changed to Kim Chaek College of Technology (金策工業大學). (General Kim Ch'aek died in the war.) In 1988, the college was elevated to a university (綜合大學). Between 1981 and 1993, a large-scale construction program doubled the size of the campus to its present 400,000m2. Academics The university has 18 dep ...
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City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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CNET
''CNET'' (short for "Computer Network") is an American media website that publishes reviews, news, articles, blogs, podcasts, and videos on technology and consumer electronics globally. ''CNET'' originally produced content for radio and television in addition to its website and now uses new media distribution methods through its Internet television network, CNET Video, and its podcast and blog networks. Founded in 1994 by Halsey Minor and Shelby Bonnie, it was the flagship brand of CNET Networks and became a brand of CBS Interactive through that unit's acquisition of CNET Networks in 2008. It has been owned by Red Ventures since October 30, 2020. Other than English, ''CNETs region- and language-specific editions include Chinese, French, German, Japanese, Korean, and Spanish. History Origins After leaving PepsiCo, Halsey Minor and Shelby Bonnie launched ''CNET'' in 1994, after website Yahoo! was launched. With help from Fox Network co-founder Kevin Wendle and forme ...
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Vice (magazine)
''Vice'' (stylized in all caps) is a Canadian-American magazine focused on lifestyle, arts, culture, and news/politics. Founded in 1994 in Montreal as an alternative punk magazine, the founders later launched the youth media company Vice Media, which consists of divisions including the printed magazine as well as a website, broadcast news unit, a film production company, a record label, and a publishing imprint. As of February 2015, the magazine's editor-in-chief is Ellis Jones. History Founded by Suroosh Alvi, Gavin McInnes, and Shane Smith (the latter two being childhood friends), the magazine was launched in 1994 as the ''Voice of Montreal'' with government funding. The intention of the founders was to provide work and a community service. When the editors later sought to dissolve their commitments with the original publisher, Alix Laurent, they bought him out and changed the name to ''Vice'' in 1996. Richard Szalwinski, a Canadian software millionaire, acquired the magazi ...
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Tourism In North Korea
Tourism in North Korea is tightly controlled by the North Korean government. All tourism is organized by one of several state-owned tourism bureaus, including Korea International Travel Company (KITC), Korean International Sports Travel Company (KISTC), Korean International Taekwondo Tourism Company (KITTC) and Korean International Youth Travel Company (KIYTC). The majority of tourists are Chinese nationals: one 2019 estimate indicated that up to 120,000 Chinese tourists had visited North Korea in the previous year, compared to fewer than 5,000 from Western countries. In response to the threats posed by the COVID-19 pandemic in North Korea, North Korea closed its borders to foreign tourists on 22 January 2020. As of 8 April 2021, tourism has not been allowed to resume and the economic losses are estimated to be at least $175 million. Restrictions and warnings Interactions between foreign tourists and local people have historically been tightly controlled.Compare: , foreigners can ...
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Racing Video Game
Racing games are a video game genre in which the player participates in a racing competition. They may be based on anything from real-world racing leagues to fantastical settings. They are distributed along a spectrum between more realistic racing simulations and more fantastical arcade-style racing games. Kart racing games emerged in the 1990s as a popular sub-genre of the latter. Racing games may also fall under the category of sports video games. Sub-genres Arcade-style racing Arcade-style racing games put fun and a fast-paced experience above all else, as cars usually compete in unique ways. A key feature of arcade-style racers that specifically distinguishes them from simulation racers is their far more liberal physics. Whereas in real racing (and subsequently, the simulation equivalents) the driver must reduce their speed significantly to take most turns, arcade-style racing games generally encourage the player to "powerslide" the car to allow the player to keep up thei ...
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News Corp
News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the News Corporation (1980–2013), original News Corporation, it was formed on June 28, 2013, following a Corporate spin-off, spin-off of the media outlets of the original News Corp as 21st Century Fox. Operating across digital real estate information, news media, book publishing, and cable television, News Corp's notable assets include Dow Jones & Company (publisher of ''The Wall Street Journal''), News UK (publisher of ''The Sun (United Kingdom), The Sun'' and ''The Times''), News Corp Australia, REA Group (operator of realestate.com.au), Realtor.com, and book publisher HarperCollins. It is one of two companies that succeeded the original News Corporation, alongside 21st Century Fox—which consisted of broadcasting and media properties such as Fox Entertainment Group. The spin-out was structured so that 21st C ...
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Fox Mobile
Freenet AG (formerly freenet.de AG) is a German telecommunications and web content provider. The company was formerly a subsidiary of . In 2004, its EBITDA was 471.5 million euro. In 2007, Freenet.de merged with Mobilcom, a deal which took around two years to complete, and the resulting company changed its name to ''Freenet AG''. In July 2008 Freenet AG acquired debitel AG, another German telecommunications company. The company was formerly active in the provision of broadband Internet services, but sold this unit to United Internet United Internet AG is a global Internet services company headquartered in Montabaur, Rhineland-Palatinate, Germany. The company is structured in two business areas, ''Access'' and ''Applications,'' and has a total of 16 brands and numerous subsi ... for €123 million in 2009. At the end of February 2022, it was announced that the Mobilcom-Debitel brand would be discontinued in July of the same year in favor of freenet. The changeover will take ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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