( Mashable ) -- South Korean filmmaker Park Chan-wook -- the director of 2003 's critically acclaimed `` Oldboy '' -- says his new film was shot entirely on the iPhone . The fantasy-horror film `` Paranmanjang , '' which means `` life full of ups and downs '' in Korean , is about half an hour long , and was made on a budget of 150 million won ( $ 133,000 ) . According to the Associated Press , Park says the iPhone 's small size and light weight , as well as the fact that `` anyone can use it , '' made it a good tool . His brother , Park Chan-kyong -- also a director who collaborated on the film -- says a wide variety of camera angles and edits were possible because a number of cameras could be used . Park Chan-wook is one of the best-known filmmakers in South Korea , where his iPhone-directed film is set to hit theaters on January 27 . In addition to helming the previously mentioned `` Oldboy , '' he also directed `` Cut '' in the horror collaboration `` Three ... Extremes , '' as well as longer films like `` Lady Vengeance '' and `` Thirst . '' Park is not the first South Korean filmmaker to shoot a project with the iPhone 4 . As The Wall Street Journal points out , KT Corp. -- the iPhone distributor in South Korea -- sponsored a film festival , featuring 12 short movies made with the iPhone 4 , last October . KT Corp. also helped with some of the production costs for Paranmanjang . The practice of using phones to shoot videos -- other than home movies uploaded to YouTube -- seems to have become a bit of a trend in recent months . The iPhone 4 has been used to shoot music videos , while generally striking a chord with those who do not have access to big budgets . Meanwhile , the Nokia N8 was used to shoot `` The Commuter , '' a seven-and-a-half minute flick starring Dev Patel and Pamela Anderson . It will be interesting to see what effect such efforts will have on both mainstream and independent filmmaking in the future . © 2013 MASHABLE.com . All rights reserved .
South Korean filmmaker Park Chan-wook says new film was shot on the iPhone 4 . Fantasy-horror film `` Paranmanjang '' is about a half-hour long . Comment: