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Cigarette Price Hike Shows Intended Effect on Low Income Earners, Youths: Study

Cigarette Price Hike Shows Intended Effect on Low Income Earners, Youths: Study

SEOUL, Nov. 7 (Korea Bizwire) — The cigarette price hike in 2015 has been effective in discouraging smoking in low income earners and youths, but not for people with high earnings, a survey said Tuesday. A public health and nutrition study by the Ministry of Health and Welfare said the smoking rate among the low-income [...]

Seniors Strongly Prefer Mobile Web Over Desktop

Seniors Strongly Prefer Mobile Web Over Desktop

SEOUL, Nov. 6 (Korea Bizwire) – A new survey has revealed that South Korean seniors heavily rely on smartphones for internet access instead of desktops. According to the survey by global pollster Nielsen Korea, South Koreans in their 50s and 60s make up more than half of the so-called the ‘mobile-only’ tribe, composed of individuals who [...]

Construction Sector Could Experience Contraction in 2019: Report

Construction Sector Could Experience Contraction in 2019: Report

SEOUL, Nov. 2 (Korea Bizwire) — South Korea’s construction sector could suffer a contraction in 2019, a report said Thursday as the government’s moves to stabilize property markets may weigh on new orders. The combined value of construction orders — a leading indicator in the construction sector — posted a 29.5 percent decline in July, [...]

More than Half of Foreigners Visit S. Korea after Watching Hallyu Content: Poll

More than Half of Foreigners Visit S. Korea after Watching Hallyu Content: Poll

SEOUL, Nov. 2 (Korea Bizwire) — More than half of foreigners coming to South Korea on private trips chose their destination after experiencing “hallyu,” which refers to the Korean Wave of popular culture, a local poll showed Thursday. The Korea Tourism Organization polled 3,199 people who visited the country with reservations for flights only or [...]

Korean Android Users Spend Most Time on YouTube, Kakao Talk

Korean Android Users Spend Most Time on YouTube, Kakao Talk

SEOUL, Nov.1 (Korea Bizwire) – Market research company Wiseapp publicly disclosed the results of a nationwide survey of 23,000 Android OS-based smartphone users on October 31, which revealed YouTube has overtaken messaging app Kakao Talk as the most used service. The results of the same survey that was conducted last year had Kakao Talk in [...]

Korean Firms Rank Low in Utilizing Cloud Service

Korean Firms Rank Low in Utilizing Cloud Service

SEOUL, Oct. 31 (Korea Bizwire) — South Korean companies rank in the bottom tier in utilizing cloud service, a report from the Organization for Economic Cooperation and Development (OECD) showed Tuesday. An OECD survey of 33 member states in 2016 placed South Korea at 27th, with the service use of 12.9 percent. Hungary (12.2 percent), [...]

Chinese Auto Sales in S. Korea Remain Weak on Lack of Quality, Networks

Chinese Auto Sales in S. Korea Remain Weak on Lack of Quality, Networks

SEOUL, Oct. 30 (Korea Bizwire) — Chinese vehicle sales in South Korea remained weak due to lack of sales networks and unproven product quality, a local automobile association said Monday. Zhonghan Automotive Co., a South Korean importer of vehicles from BAIC Yinxiang Automobile Co., began to sell the midsize Kenbo 600 SUV in South Korea [...]