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One-piece Swimwear and Bikinis to Dominate This Summer

One-piece Swimwear and Bikinis to Dominate This Summer

SEOUL, Jun. 8 (Korea Bizwire) — Move over rash guard, one-piece swimsuits and surfing suits are here! A very common sight on beaches and at swimming pools in previous years, rash guards are now being snubbed after the resurgence of one-piece swimsuits and bikinis. Surfing suits also saw a rise in sales thanks to an [...]

Sales of Eco-friendly Products Increase After Recycling Crisis

Sales of Eco-friendly Products Increase After Recycling Crisis

SEOUL, Jun. 8 (Korea Bizwire) — Sales of eco-friendly products spiked after national confusion over recycling last month, data from a leading online mall showed Friday. According to Gmarket, sales of some of the eco-friendly items nearly doubled in the April 5-May 4 period. Purchases of lidded silicone containers, for instance, increased 115 percent during [...]

Appetite Grows for Apartment Complexes That Offer Breakfast

Appetite Grows for Apartment Complexes That Offer Breakfast

SEOUL, Jun. 8 (Korea Bizwire) — Yang Jong-moon’s routine for the past few months has involved dropping by his apartment complex’s community center once or twice a week to pick up breakfast before he heads off to work. In September, the Banpo Riche apartment building where he lives began to offer breakfast to its residents [...]

Is Smart Technology the Future of Retail?

Is Smart Technology the Future of Retail?

SEOUL, May 17 (Korea Bizwire) — As a woman in her 40s enters a clothing store with her daughter, a “smart” CCTV camera recognizes her as a regular customer, delivering her personal information to a welcome robot, which then greets both the female customer and her daughter. As the customer moves around the shop, custom-fit [...]

S. Korea to Collect Big Data to Develop Personalized Medicines

S. Korea to Collect Big Data to Develop Personalized Medicines

SEOUL, May 16 (Korea Bizwire) — South Korea will collect big data from medical records from local hospitals to pave the way for the development of effective and appropriate treatment plans for individual patients, the commerce ministry said Monday. The Ministry of Trade, Industry and Energy said it launched a task force composed of hospitals, [...]

Korean Companies Target Growing “Kids’ Market”

Korean Companies Target Growing “Kids’ Market”

SEOUL, May 15 (Korea Bizwire) — Telecommunications platforms and portal websites are competing for the sizeable market catering to services for children. Experts say that businesses are implementing strategies that target parents willing to invest big bucks for their kids. In the process, businesses are also able to secure a new generation of customers. According [...]

Patent Applications for Leisure Products Rising Amid Work-Life Balance Trend

Patent Applications for Leisure Products Rising Amid Work-Life Balance Trend

SEOUL, March 30 (Korea Bizwire) — Patent applications for leisure products are rising in South Korea, in tandem with a newfound appreciation for work-life balance among busy workers. Data from the Korean Intellectual Property Office (KIPO) revealed the number of patent applications for leisure products filed between 2015 and 2017 stood at 75,369. The annual figure [...]

Drone Performance the Highlight of PyeongChang Olympics: Survey

Drone Performance the Highlight of PyeongChang Olympics: Survey

SEOUL, March 30 (Korea Bizwire) — Drones stole the show at the Winter Olympics last month while the lack of local sightseeing options was singled out as one of the drawbacks of the Winter Games held in Pyeongchang, according to a survey of 451 individuals (227 South Koreans, 224 foreigners).  Conducted by the Corea Image [...]