With a growing number of big production Korean movies struggling to make a hit at the box office the trend these days is to make quality films on low budgets.
For instance, take a look at this horror film "Death Bell" released this summer.
The movie was made at a considerably low cost but most importantly it managed to attract 1.5 million viewers twice more than the 700-thousand it needed to break even.
Another low-budget film "Rough Cut" featuring two A-list actors debuted just last week and it has already been seen by over a million people.
And some highly anticipated films made on a tight budget are about to hit theaters.
Starring Jeon Doyeon who won best actress at the 2007 Cannes Film Festival and another well-known actor Ha Jeongwoo "My Dear Enemy" was produced on just two billion won which is about 1.7 million US dollars.
Up next is "Truck" a thriller that cost 1.8 billion won.
And this movie "Miss Carrot" was made on a budget of a mere one billion won.
Industry analysts say although these movies are made on a low budget their strong storylines are earning rave reviews.
Korea's movie industry has been stuck in a rut lately.
But with the continued success of low budget films it could be ready for a comeback.
Jang Jiyun, Arirang News.