SEOUL, Dec. 17 (Korea Bizwire) – A recent study by Woori Financial Group reveals that nearly 60% of South Korea’s Generation X—those born in the 1970s—have not begun preparing for retirement. The findings, published in Woori’s 2024 Trend Report, highlight the financial challenges faced by this generation, many of whom are burdened with supporting both [...]
SEOUL, July 18 (Korea Bizwire) — South Korean millennials used online shopping portals more than any other generation while members of Generation X were the most prolific users of TV home shopping for the past three years, a survey showed Sunday. The Korea Information Society Development Institute (KISDI) conducted a survey of the 4,171 households [...]
SEOUL, Nov. 3 (Korea Bizwire) — Members of Generation X, or those between 37 and 46 years of age, have piled up assets at the fastest pace among all generations, data showed Tuesday. The Seoul Institute, a think tank under the Seoul city government, analyzed the asset gap among generations using data from Statistics Korea. [...]
SEOUL, Aug. 26 (Korea Bizwire) – The ‘Sampo Generation’ which is the Korean version of ‘millennials’, who gave up employment, marriage and child birth, have turned out to be more conservative than the Generation X or Baby Boomers when it comes to asset management. Those in the Sampo Generation prefer to invest in deposit and installment [...]
LONDON, June 30, 2014 (Korea Bizwire)–IDG Global Solutions (IGS) recently released the 5th annual Global Mobile Survey, the biggest ever study of consumer and business use of mobile devices. “The ‘mobile evolution’ is having a profound effect on consumers and businesses” The study highlights: Dramatic increase in mobile video consumption: 75% of consumers use a [...]