The Chosun Ilbo (English Edition): Daily News from Korea

More Elderly People Care for Even Older Parents: A growing number of people in their 60s are taking care of parents who are in their 80s and 90s as Korean society ages. National Health Insurance Service data for 2013 showed that 142,065 households in the nation were headed by an elderly person over 60. >> Full Text

Samsung Loses Lead Over Apple in Smartphone Sales: Apple has caught up with Samsung in terms of global smartphone sales volume, an impressive feat since Apple sells only premium gadgets while Samsung has a wide spectrum ranging in price from W100,000 to almost W1 million. >> Full Text

More Self-Employed People Go Out of Business: A total of 580,000 people opened their own businesses in 2013, but 660,000 closed them down. Experts say the figures show just how deep the current economic slump is. The number of people who opened their own businesses exceeded the number closing them down in both 2011 and 2012. >> Full Text