SEOUL, March 31 (Korea Bizwire) — Global tech giant Google Inc. is facing criticism in South Korea for putting consumer protection on the back burner despite having an unrivaled presence in the domestic mobile operating system (OS) market. Today, Google commands a share of more than 70 percent of the nation’s mobile OS market. On [...]
SEOUL, March 15 (Korea Bizwire) — Netizens are stepping up to help restaurants that have shown kindness to those in need by sharing them on online communities, asking others to ‘buycott’ their food. The Kind Store Project, through which participating food vendors offer free food and convenience to children carrying welfare cards, was started by [...]
SEOUL, March 11 (Korea Bizwire) — A growing number of South Korean consumers are gaining shopping information through the social media platform Instagram. Local pollster Open Survey recently conducted a survey of 1,000 local consumers. Among 675 consumers who had used Instagram within the past month, 33 percent followed the accounts of influencers, up 8.8 [...]
SEOUL, Feb. 24 (Korea Bizwire) – The prices of imported fruits and beef in South Korea are higher than in any other country, a consumer advocacy group said Tuesday. Consumers Korea had compared the prices of 25 imported items in cities of 10 major countries and found that the prices of nine imported items, including [...]
SEOUL, Feb. 18 (Korea Bizwire) — A growing number of consumers stayed indoors and enjoyed home entertainment over the Lunar New Year holiday. KT Corp., major South Korean telecommunications giant, analyzed the usage patterns of its artificial intelligence (AI) speaker Giga Genie, which showed that the speaker’s usage rose by 37.7 percent during the holidays [...]
SEOUL, Feb. 16 (Korea Bizwire) — With a string of new electric vehicles (EVs) being rolled out this year by major carmakers, a consensus is building up among South Korean consumers that the popularization of EVs should be promoted in order to protect the environment. Market research firm M-Brain Trend Monitor recently conducted a survey [...]
SEOUL, Dec. 28 (Korea Bizwire) — Changes in consumer lifestyle following the onset of the coronavirus pandemic are being felt in convenience store sales. 7-Eleven’s transportation card recharge sales between January and December 22 were 48.4 percent lower compared to the previous year. Sales of standard garbage bags, in contrast, were 21.8 percent higher. During [...]
SEOUL, Dec. 17 (Korea Bizwire) – About 8 in 10 South Korean consumers turned out to have positive attitudes towards the free trade agreements (FTAs) that the country has signed with multiple countries, a consumer watchdog said Wednesday. According to a survey conducted by the Korea Consumer Agency of 3,168 local consumers over the age [...]
SEOUL, Nov. 13 (Korea Bizwire) — Consumer perception towards imported beer outranks domestic products in terms of price, quality, and variety. The Korea Consumer Agency conducted a survey of 1,000 consumers who said imported beer costs 93.7 percent of domestic products. Compared to domestic beer (a score of 100), the quality, scent and taste of [...]
SEOUL, Nov. 12 (Korea Bizwire) — When South Korean consumers buy daily necessities at online shopping malls, they tend to care about price and attempt to buy large quantities at bargain prices. However, when they buy high-priced items, they are more likely to splurge without caring much about price. eBay Korea analyzed sales data from [...]