SEOUL, Feb. 18 (Korea Bizwire) — The mobile game market in South Korea logged sharp growth of over 5 trillion won (US$4.5 billion) last year amid the pandemic, data showed Thursday. Total mobile game transactions in the country were estimated at 5.3 trillion won in 2020, up 24.3 percent from the previous year, according to [...]
SEOUL, Feb. 18 (Korea Bizwire) — South Korea’s chicken exports touched a new high in 2020 amid growing worldwide demand for ready-to-eat products and the popularity of Korean pop culture, a report showed Thursday. Overseas shipments of processed chicken came to US$21 million last year, up 59.5 percent from a year earlier, according to the [...]
SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s personal computer (PC) market grew more than 15 percent last year, industry data showed Wednesday, due to the rise of online education and remote working amid the pandemic. Domestic PC shipments totaled 5.26 million units in 2020, up 15.7 percent from a year ago, according to the [...]
SEJONG, Feb. 17 (Korea Bizwire) — The number of temporary and daily jobs for 20-somethings in South Korea plunged nearly 18 percent in January amid the coronavirus pandemic, data showed Wednesday. The country had 997,000 temporary and daily workers in their 20s last month, down 17.7 percent, or 214,000, from a year earlier, according to [...]
SEOUL, Feb. 16 (Korea Bizwire) – South Korea’s electricity generation fell for the second consecutive year in 2020 as demand dipped amid the coronavirus pandemic, data showed Tuesday. The amount of electricity generated by the nation’s power plants came to 552,165 gigawatt hours (GWh) last year, down 1.9 percent from the previous year, according to [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korea’s hospitality industry has cut nearly 370,000 jobs over the past year in the wake of the coronavirus pandemic, data showed Tuesday. Local accommodations and restaurants had a combined workforce of 1.965 million as of January, down 367,000 from a year earlier, according to the data from Statistics [...]
SEOUL, Feb. 15 (Korea Bizwire) — South Korea’s auto exports jumped 29.5 percent on year in January, as global demand showed signs of modest recovery from the coronavirus pandemic, data showed Monday. The nation’s auto production and domestic sales rose 24.9 percent and 18.4 percent on year in January, respectively, according to the data from [...]
SEOUL, Feb. 15 (Korea Bizwire) — South Korea’s internet-of-things (IoT) device subscriptions hit over 10 million last year on the back of growing use of connected cars and remote control services. As of the end of last year, the number of mobile connections to such devices stood at 10.05 million, up around 2 million from [...]
SEOUL, Feb. 15 (Korea Bizwire) — South Korea’s online food market posted explosive growth in 2020 from a year earlier due to the fallout from the coronavirus pandemic, data showed Monday. The value of online food transactions in Asia’s fourth-largest economy came to 43.4 trillion won (US$39.2 billion) last year, up 62.4 percent from a [...]
SEJONG, Feb. 15 (Korea Bizwire) – The number of discouraged female workers in South Korea hit an all-time high in January due to a tough employment situation amid the coronavirus pandemic, government data showed Monday. The country had 359,000 discouraged female workers in January, up 65.5 percent, or 142,000, from a year earlier and setting [...]