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Temu Marks First Year in South Korea with Strong Consumer Recognition, Survey Shows

Temu Marks First Year in South Korea with Strong Consumer Recognition, Survey Shows

SEOUL, July 25 (Korea Bizwire) – Chinese e-commerce platform Temu has reported that essential household items topped the list of most purchased products in its first year of operations in South Korea, according to a survey released on July 25. The study, conducted by Korea Gallup Research Institute on behalf of Temu, polled 1,026 adults aged [...]

LG’s ‘Upgradeable Appliances’ Spark 16,000 Customer Ideas in South Korea and U.S.

LG’s ‘Upgradeable Appliances’ Spark 16,000 Customer Ideas in South Korea and U.S.

SEOUL, Jul. 24 (Korea Bizwire) – LG Electronics announced on July 23 that it has received over 16,000 ideas from customers in South Korea and the United States for its innovative “UP Appliances” program, highlighting a growing trend in consumer-driven product development.  Launched in 2022, LG’s UP Appliances are designed to evolve with customers’ needs, allowing [...]

Everland’s Pricy Fu Bao Panda Plush Sparks Debate Among South Korean Netizens

Everland’s Pricy Fu Bao Panda Plush Sparks Debate Among South Korean Netizens

SEOUL, Jul. 23 (Korea Bizwire) – A plush toy replica of Fu Bao, the beloved giant panda born at Everland theme park, has ignited a heated online debate over its hefty price tag of 590,000 won. The handcrafted stuffed animal, produced by a Chinese manufacturer specializing in panda replicas, aims to capture Fu Bao’s appearance at [...]

Delivery Apps Become Backdoor for Underage Drinking and Smoking in South Korea

Delivery Apps Become Backdoor for Underage Drinking and Smoking in South Korea

BUSAN, Jul. 22 (Korea Bizwire) – In a bustling city known for its seafood and beaches, a new concern is brewing among parents and authorities alike: the ease with which minors can access alcohol and cigarettes through delivery apps.  “It’s frustrating when someone who’s clearly underage asks me to buy alcohol or cigarettes,” said a delivery [...]

South Korean Consumers Urged to Exercise Caution When Purchasing Medical Devices

South Korean Consumers Urged to Exercise Caution When Purchasing Medical Devices

SEOUL, Jul. 15 (Korea Bizwire) – The Korea Consumer Agency has issued a warning to consumers, urging them to thoroughly test and review contract terms before purchasing medical devices such as massage chairs, massagers, and hearing aids. This comes in response to a steady stream of consumer complaints and dissatisfaction with these products.  According to data [...]

Koreans Lead in Embracing Mobile AI, Samsung Study Finds

Koreans Lead in Embracing Mobile AI, Samsung Study Finds

SEOUL, July 13 (Korea Bizwire) – South Korean consumers show the highest enthusiasm for using artificial intelligence (AI) technology on mobile devices, according to a study released by Samsung Electronics on July 11. The findings were unveiled at the “Salon de AI,” a Galaxy AI media forum held in Paris, following the company’s Galaxy product launch [...]

Brand Loyalty Tightens Grip on South Korean Smartphone Market, Survey Shows

Brand Loyalty Tightens Grip on South Korean Smartphone Market, Survey Shows

SEOUL, Jul. 12 (Korea Bizwire) – A recent survey has revealed that 9 out of 10 consumers in South Korea intend to stick with their current smartphone brand, indicating a strengthening “lock-in effect” in the mobile device market. The study also found that smartphone usage among seniors over 70 has surpassed 90% for both men and [...]

LG Electronics Sees Surge in Appliance Subscriptions, Reshaping Consumer Habits

LG Electronics Sees Surge in Appliance Subscriptions, Reshaping Consumer Habits

SEOUL, Jul. 12 (Korea Bizwire) – LG Electronics announced on July 11 that its subscription-based business model for premium home appliances is experiencing rapid growth, with more than 3 out of 10 customers opting for subscriptions over traditional purchases in June.  The tech giant reported that 36.2% of sales for 20 subscription-eligible products at LG Best [...]

As Unpredictable ‘Ghost Rain’ Confounds Forecasts, South Koreans Turn to Foreign Weather Apps

As Unpredictable ‘Ghost Rain’ Confounds Forecasts, South Koreans Turn to Foreign Weather Apps

SEOUL, Jul. 11 (Korea Bizwire) – South Korea is experiencing a phenomenon known as “ghost rain” – simultaneous heavy downpours and heat waves that have defied weather predictions – leaving citizens increasingly frustrated with inaccurate forecasts. This meteorological anomaly has sparked a trend of “weather migration,” with many South Koreans abandoning the national weather service’s app [...]

Surge in Older Applicants for Pre-Existing Condition Health Insurance

Surge in Older Applicants for Pre-Existing Condition Health Insurance

SEOUL, Jul. 11 (Korea Bizwire) – In a surprising trend, half of the recent applicants for health insurance policies designed for individuals with pre-existing conditions are in their 60s, according to a recent analysis. This demographic, which has historically faced challenges in obtaining coverage, is emerging as a significant force in the insurance market, coinciding with [...]