By Ju-min Park SEOUL (Reuters) - North Korea is evading U.N. sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports to generate significant income for the regime, according to defectors, experts and an analysis of North Korean-made phones. Economists estimate as many as six million North Koreans - a quarter of the population - now have mobile phones, a critical tool for participating in an informal market economy that has become a key income source for many.
The post How a sanctions-busting smartphone business thrives in North Korea appeared first on Firstpost.
from Firstpost https://ift.tt/2mJtgjK
No comments:
Post a Comment