SEOUL, Feb. 12 (Korea Bizwire) – Twenty-year-olds spend much more time on social media now than the same age group a decade ago, whereas their monthly reading time declined, a report showed Monday. The Korean Educational Development Institute surveyed 5,705 people who turned 20 in 2021, and about 23 percent of them said they use [...]
SEOUL, Feb. 12 (Korea Bizwire) – A recent study has highlighted the severe mental health challenges faced by graduate students, who endure stress on two fronts due to their dual roles as students and research workers. According to a report from the Korea Occupational Safety and Health Agency and the Empathy Occupational and Environmental [...]
SEOUL, Feb. 11 (Korea Bizwire) – The top 0.1 percent of wage earners in Seoul made an average of 1.4 billion won (US$1.05 million) in 2022, triple the amount earned by the same cohort in Gangwon Province, data showed Sunday. According to the data compiled by the National Tax Service and released by Rep. Yang [...]
SEOUL, Feb. 10 (Korea Bizwire) – Exports of soju, distilled Korean liquor, topped US$100 million for the first time in 10 years in 2023, data showed Saturday. According to the Korea Customs Service, outbound shipments of soju reached $101.4 million in 2023, an increase of 8.7 percent from 2022. The last time soju exports surpassed [...]
SEOUL, Feb. 9 (Korea Bizwire) –With Facebook recently marking 20 years since its launch, the once-dominant social media platform has seen its monthly active users on the mobile app in South Korea dip below the 10 million mark for the first time since May 2020, when mobile big data company IGAWorks began its combined app [...]
SEOUL, Feb. 9 (Korea Bizwire) – With the Lunar New Year approaching, South Koreans are setting aside an average of 520,000 won (about $440) per person for holiday cash gifts, commonly known as “sebaet don,” a recent survey has revealed. The survey, conducted by KB Kookmin Card, also found that over half of the respondents [...]
SEOUL, Feb. 9 (Korea Bizwire) – The combined annual income of single-person media creators, such as YouTubers, reached over 1 trillion won (US$753 million) in 2022, according to data released Friday. A total of 39,366 individuals reported their annual income as single-person media creators in 2022, with the total amount reaching 1.14 trillion won, according [...]
SEOUL, Feb. 9 (Korea Bizwire) –A recent survey revealed that 90% of software developers anticipate that generative artificial intelligence (AI) could potentially replace aspects of their jobs. HR tech company WantedLab disclosed that an online survey conducted from February 2 to 7 among approximately 180 software developers found that 83.6% of respondents believe generative AI [...]
SEOUL, Feb. 7 (Korea Bizwire) – A recent study has shown that for every 10,000 won in sales, South Korean companies are spending an average of 690 won on logistics. The Korea Chamber of Commerce and Industry announced these findings on February 6, based on a survey conducted in the last quarter of last year. The [...]
SEOUL, Feb. 5 (Korea Bizwire) – The 2023 AFC Asian Cup held in Qatar has led to a significant increase in users of Coupang Play, which holds the online broadcasting rights for the event. The service, affiliated with Coupang, has been expanding its user base through an aggressive strategy of securing sports broadcasting rights combined with [...]