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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Jul. 10 (Korea Bizwire) – A recent survey has revealed that 7 out of 10 South Korean adults have tried zero-sugar or non-alcoholic beverages when drinking, signaling a significant shift in the country’s drinking culture towards healthier alternatives. Lotte Members, a South Korean marketing solutions company, conducted a nationwide survey of 2,000 adults from May [...]
SEOUL, July 9 (Korea Bizwire) – A new dessert trend dubbed “Dubai Chocolate” has taken South Korea by storm, particularly among the younger generation, leading to shortages and even a burgeoning resale market. Originally referring to products from the UAE-based brand Figs Dessert Chocolatier, Dubai Chocolate features a filling of kadayif (a thin Middle Eastern noodle) [...]
SEOUL, Jul. 8 (Korea Bizwire) – In a recent episode of SBS’s popular reality show “My Ugly Duckling,” viewers witnessed an unexpected scene: celebrities Lee Dong-gun, Kim Jong-kook, and Lee Sang-min nervously entering a plastic surgery clinic. This moment marks a significant shift in how South Korean entertainment figures approach the once-taboo subject of cosmetic procedures. [...]
SEOUL, Jul. 8 (Korea Bizwire) – In a surprising turn of events, private label (PB) home appliances are making significant inroads into the South Korean market, traditionally dominated by major corporate brands. This trend, driven by cost-conscious consumers amid high inflation, is reshaping the landscape of the home appliance industry. A prime example of this shift [...]
SEOUL, Jul. 4 (Korea Bizwire) – A recent survey by the Korea Consumer Agency has found that while South Korean consumers highly appreciate the store environment and payment convenience of their local convenience stores, they are less satisfied with customer communication and promotional events. The agency released its findings on July 3, detailing consumer satisfaction and [...]