SEOUL, May 6 (Korea Bizwire) — When Kim Nam-seok’s 10-year-old son begged him for a dog, Kim hesitated. The responsibilities of caring for a live animal were daunting. But last month, he gave in — not with a trip to the pet store, but by bringing home Luna, an AI-powered robot dog. “I didn’t expect much,” [...]
SEOUL, May 6 (Korea Bizwire) — Beauty products are undergoing a transformation in South Korea, emerging as fashion-forward accessories among the country’s style-savvy MZ generation — a demographic encompassing those born between the early 1980s and early 2000s. No longer limited to cosmetic utility, items like lip balms, tints, and compact cushions are increasingly designed to [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s middle school students continue to rank among the world’s top performers in academic achievement, but their personal development — particularly in peer relationships, emotional resilience, and autonomy — lags significantly behind, according to a new international study. The Korea Educational Development Institute (KEDI) recently released a comparative analysis [...]
SEOUL, May 5 (Korea Bizwire) — Online shopping has become the dominant channel for purchasing home appliances in South Korea, outpacing all other major product categories in digital penetration, according to newly released government data. Figures from Statistics Korea’s national portal show that online transactions accounted for 53.7% of total retail sales in the home appliance [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s retail sector is undergoing a transformation, with department stores, convenience chains, e-commerce platforms, and home shopping networks all doubling down on health supplements as a key growth driver in the post-pandemic era. Spurred by the rise of the “Healthy Pleasure” lifestyle — where consumers actively enjoy health management [...]
SEOUL, May 6 (Korea Bizwire) — Despite persistent inflation and slowing economic growth, a growing segment of affluent older South Koreans is defying conventional spending patterns, embracing digital platforms and youth-driven consumer trends, a new study reveals. According to data released Monday by Shinhan Card’s Big Data Research Center, the top 20 percent of credit card [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s home-sharing market, led by platforms like Airbnb, has surged more than twentyfold in just three years, with young adults emerging as the dominant force behind its rapid expansion. According to newly released data submitted by the National Tax Service to Rep. Park Sung-hoon of the National Assembly’s Strategy [...]
SEOUL, May 5 (Korea Bizwire) — Two disability rights activists affiliated with the Solidarity Against Disability Discrimination (SADD) underwent a pretrial detention hearing on Monday after staging a 15-day rooftop protest atop a Catholic cathedral in Seoul’s Hyehwa-dong neighborhood. They were arrested earlier this month on charges of violating assembly laws after descending voluntarily from the [...]
SEOUL, May 5 (Korea Bizwire) — LG Electronics is seeing rapid growth in its home-focused lifestyle community “Life.zip,” with membership more than doubling in the past two months to surpass 560,000 users, according to industry data released Sunday. If current momentum holds, the platform is expected to reach one million members by the end of 2025. [...]
SEOUL, May 5 (Korea Bizwire) — Global shipments of premium liquid crystal display televisions equipped with mini LED technology are projected to reach an all-time high this year, driven by aggressive expansion and innovation from Chinese manufacturers, according to market research firm TrendForce. The firm estimates that 11.56 million mini LED TVs will be shipped in [...]