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LG Electronics Teams Up with National Rehabilitation Center to Improve Appliance Accessibility

LG Electronics Teams Up with National Rehabilitation Center to Improve Appliance Accessibility

SEOUL, April 24 (Korea Bizwire) – LG Electronics announced on April 24 that it has forged a partnership with the National Rehabilitation Center to improve the accessibility of its home appliances, ensuring that people of all ages and abilities can use the products with ease. Through a memorandum of understanding signed on the same day, LG [...]

Survey Finds Overwhelming Support for Asset Sharing Among Married Couples in South Korea

Survey Finds Overwhelming Support for Asset Sharing Among Married Couples in South Korea

SEOUL, Apr. 24 (Korea Bizwire) – More than 9 out of 10 users of KakaoPay, a popular mobile payment service in South Korea, believe that married couples should share at least a portion of their assets, according to a recent poll conducted by the company. KakaoPay revealed on April 23 the results of a survey conducted [...]

Survey Reveals Gift Preferences for Parents’ Day in South Korea

Survey Reveals Gift Preferences for Parents’ Day in South Korea

SEOUL, Apr. 24 (Korea Bizwire) – According to a survey conducted by the e-commerce platform Tmon from April 15 to 21, involving over 500 customers, gift cards and e-coupons emerged as the most desired gifts for Parents’ Day, excluding cash, with 22% of respondents favoring them.  Fresh produce, such as fruits and meat, secured the second [...]

Twitch Exodus Fuels Rapid Growth of Rival Streaming Platform CHZZK in South Korea

Twitch Exodus Fuels Rapid Growth of Rival Streaming Platform CHZZK in South Korea

SEOUL, April 19 (Korea Bizwire) –In the aftermath of Twitch’s withdrawal from South Korea, a staggering 1.84 million users have migrated to the upstart live streaming service CHZZK, according to a report released on April 18 by data analytics firm IGAWorks. The report, which analyzed trends across major personal broadcasting apps from December 2023 to [...]

BTS to Host ‘Monochrome’ Pop-Up in Seoul Ahead of Members’ Military Discharges

BTS to Host ‘Monochrome’ Pop-Up in Seoul Ahead of Members’ Military Discharges

SEOUL, April 17 (Korea Bizwire) – The K-pop group BTS will hold a pop-up exhibition titled ‘Monochrome’ in Seoul’s Seongsu-dong neighborhood from April 26 to May 12, their agency Big Hit Music announced on April 17. BTS shared black-and-white posters photographed before the members’ military enlistment through their official social media accounts on the same day. [...]

Luxury Resale Market Thrives as Economic Woes Hit South Korea’s Online Luxury Platforms

Luxury Resale Market Thrives as Economic Woes Hit South Korea’s Online Luxury Platforms

SEOUL, Apr. 15 (Korea Bizwire) — Despite a significant drop in sales for major online luxury goods platforms in South Korea due to the economic downturn, the pre-owned luxury market has shown resilience, even setting a record transaction volume last month in line with the start of the new school year, industry data showed on April [...]

Majority of South Koreans in 20s and 30s Remain Financially Dependent on Parents

Majority of South Koreans in 20s and 30s Remain Financially Dependent on Parents

SEOUL, Apr. 15 (Korea Bizwire) — A striking 8 out of 10 South Koreans in their 20s and 30s have yet to achieve financial independence from their parents, according to a recent survey by the job platform Jinhaksa Catch. The respondents cited a lack of stable income due to employment challenges as the primary reason for [...]

Samsung’s New All-In-One Washer-Dryer Finds Early Success in South Korea

Samsung’s New All-In-One Washer-Dryer Finds Early Success in South Korea

SEOUL, Apr. 12 (Korea Bizwire) — Samsung Electronics’ innovative all-in-one washer-dryer, introduced in South Korea in February, has achieved a successful market entry, defying expectations that the novel form factor might face an uphill battle for consumer adoption. The “Bespoke AI Combo,” which combines washing and drying functions into a single appliance, immediately captured consumer interest [...]

Camping Craze Drives South Korean Campgrounds to New Record High

Camping Craze Drives South Korean Campgrounds to New Record High

SEOUL, Apr. 12 (Korea Bizwire) – Fueled by an enduring passion for camping, the number of campgrounds across South Korea surpassed 3,700 last year, setting a new all-time high as the outdoor pursuit maintains its popularity.  According to data from the Korea Association of Tourism Organizations released on April 11, the nationwide tally of campgrounds stood [...]

Korean Consumers Alarmed Over Carcinogen Findings in Products from Chinese E-Commerce Platforms

Korean Consumers Alarmed Over Carcinogen Findings in Products from Chinese E-Commerce Platforms

SEOUL, Apr. 11 (Korea Bizwire) – Korean customers who have been indulging in the thrill of bargain hunting on Chinese e-commerce platforms like AliExpress and Temu are now reacting with shock and concern following reports of carcinogenic substances detected in products purchased from these sites. On April 10, the retail industry sources reported a surge in [...]