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Telecommunications & Media

Slow smartphone: repair or replace? If the repair costs this much, replacement may be better

A guideline suggests it can be more rational to repair a broken smartphone and keep using it rather than automatically replacing it. The key measure is repair cost as a share of the device’s current value. If repairs cost 30 percent or less of market value and the user plans to keep the phone for at least another year, repair may be worthwhile. Longer software support also supports repair, while severe performance slowdown or extensive damage can favor replacement.

Industry

R&D participation ban for research misconduct up to 20 years; penalty surcharge up to 30 times

South Korea will extend the maximum ban on participation in state-funded research and development for serious research misconduct to 20 years from 10 years. The cap on penalty surcharges for fraudulent use of government-funded R&D money will rise to 30 times the amount paid from five times. The Ministry of Science and ICT said the Cabinet on Sept. 8 approved promulgation of amendments to the National Research and Development Innovation Act passed by parliament on Aug. 20.

AI & Enterprise

BusinessCanvas says marketing AI hinges on last mile beyond AI

AI-based B2B marketing solution company BusinessCanvas has reached break-even about 6 years after its founding. Growth accelerated after it launched its account intelligence solution Athena in January, the company said. CEO Woojin Kim (김우진) said sales will grow faster in the second half of this year and next year. Athena uses AI and data to identify targets and arrange C-level sales meetings, with experts handling last-mile execution.