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In Korea specifically, there's a huge ActiveX site base still, especially for government and banking sites.

Some background: Korea historically required SEED for encryption, not SSL, which prevented competition in the browser market:

http://en.wikipedia.org/wiki/SEED

This would certainly explain the market share of IE in general, but IE 7, 8 and 9 each support ActiveX as well, so I can't imagine that alone is a factor.

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