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Samsung’s Galaxy S8 Advert Wins Cannes Lions Awards

Samsung’s Galaxy S8 Advert Wins Cannes Lions Awards

SEOUL, Jun. 26 (Korea Bizwire) — Samsung Electronics Co.’s advertisement of its flagship Galaxy S8 smartphone won seven awards from the Cannes Lions International Festival of Creativity, the company said Monday. The South Korean tech giant said it has won three gold, two silver and two bronze prizes from the festival with its advertisement dubbed [...]

Advertising Market Grows to Record Size, Dominated by Top 10 Firms

Advertising Market Grows to Record Size, Dominated by Top 10 Firms

SEOUL, April 17 (Korea Bizwire) – South Korea’s advertising market reached 14.7 trillion won (US$12.95 billion) last year, with more than 70 percent of it dominated by the top three firms, an industry study showed Monday.  Last year’s market size is 8.1 percentage points bigger than the previous year’s 13.7 trillion won, according to the [...]

Absolut Vodka Ad Showing Anti-Gov’t Rally Stokes Controversy

Absolut Vodka Ad Showing Anti-Gov’t Rally Stokes Controversy

SEOUL, Dec. 12 (Korea Bizwire) – A new advertisement by alcoholic beverage manufacturer Absolut Vodka depicting an image of a massive anti-government rally in South Korea has stoked controversy, industry sources said Monday.  The global leading vodka brand, owned by French group Pernod Ricard, disclosed its new advertisement on its official Facebook on Saturday. The [...]

Plans for “Korean Times Square” to be Finalized by November

Plans for “Korean Times Square” to be Finalized by November

SEOUL, Sept. 13 (Korea Bizwire) – The Ministry of Government Administration and Home Affairs announced Monday that it has narrowed down the candidate sites for the upcoming “Korean Times Square” – an outdoor billboard display zone that will foster a city neighborhood’s economic and cultural values.  Among the 11 sites that initially applied for review, [...]

Government to Restrict Ads of Caffeinated Foods and Beverages

Government to Restrict Ads of Caffeinated Foods and Beverages

SEOUL, July 20 (Korea Bizwire) — High-caffeine foods and drinks will be restricted from media ads starting in November, the government said Wednesday, affecting some 2,000 local products often used by teenagers to chase away drowsiness. The Ministry of Food and Drug Safety said it has put out an advance notice of the measure to [...]