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S. Korea’s Wearable Device Market Grows Over 50 pct in 2020

S. Korea’s Wearable Device Market Grows Over 50 pct in 2020

SEOUL, April 6 (Korea Bizwire) — South Korea’s wearable device market grew more than 50 percent last year, industry data showed Tuesday, due to rising demand for IT products amid the pandemic-driven stay-at-home trend. Domestic shipments of wearable products, including smartwatches, wireless earphones and electronic wristbands, totaled 12.76 million units in 2020, up 50.7 percent [...]

Daily Transactions of Internet Banking Up 21 pct Last Year amid Pandemic

Daily Transactions of Internet Banking Up 21 pct Last Year amid Pandemic

SEOUL, April 5 (Korea Bizwire) — Daily transactions of internet banking services in South Korea rose 20.6 percent last year as customers preferred using financial services in a non-contact manner amid the pandemic, central bank data showed Monday. The value of daily transactions via online banking, including mobile banking, reached 58.7 trillion won (US$52 billion) [...]