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Sales of Eco-friendly Cars Jump 27 pct Last Year

Sales of Eco-friendly Cars Jump 27 pct Last Year

SEOUL, Jan. 7 (Korea Bizwire) – Carmakers sold more than 120,000 units of environment-friendly vehicles in South Korea last year, up 27 percent from a year earlier, industry data showed Monday. Sales by both domestic and foreign carmakers reached 123,387 eco-friendly vehicles for the whole of 2018, jumping from 97,435 units sold the year before, [...]

Sales of Cold Weather Products Surge in S. Korea

Sales of Cold Weather Products Surge in S. Korea

SEOUL, Dec. 24 (Korea Bizwire) — Sales of cold weather products increased in South Korea apparently as more people purchased goods to keep themselves warm during various year-end events, industry data showed Monday. According to major online shopping mall Gmarket, the sales of products designed to keep people warm, such as jackets or hotpacks, surged [...]

Local Papers Lead to Growth of S. Korean Newspaper Industry

Local Papers Lead to Growth of S. Korean Newspaper Industry

SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s newspaper industry is growing, thanks to local daily newspapers, daily economics newspapers, and online newspapers. The Korea Press Foundation (KPF) revealed that total sales for the newspaper industry in 2017 came in around 3.7 trillion won (US$3.28 billion), which was a 3.2 percent increase from the previous [...]

Sales of Feature Phones Rising amid Smartphone Slump: Data

Sales of Feature Phones Rising amid Smartphone Slump: Data

SEOUL, Dec. 19 (Korea Bizwire) — The global shipment of feature phones increased in the third quarter of the year amid slowing demand for high-end smartphones, as consumers in emerging markets opted for devices with basic functions, industry data showed on Wednesday. According to the data compiled by industry tracker Counterpoint Research, global shipments of [...]

Economic Slump Boosts Gmarket Calendar Sales by 30 pct

Economic Slump Boosts Gmarket Calendar Sales by 30 pct

SEOUL, Dec. 17 (Korea Bizwire) – Tough economic times are changing the culture of South Korean businesses, where calendars were typically offered for free to employees at the beginning of a new year. Now, as employers are distributing fewer free calendars, more people are ordering calendars online. Gmarket, South Korea’s biggest online shopping portal, said [...]

Markforged Ramps Metal X System Production, Announces “Metal Monday”

Markforged Ramps Metal X System Production, Announces “Metal Monday”

WATERTOWN, Mass., Dec. 3 (Korea Bizwire) — Markforged, the 3D printer company transforming manufacturing, today announced its “Metal Monday” sales event, where every order for a Metal X system received before December 17 will be fulfilled before the end of the year*. This announcement follows the recent news that the Boston-area startup had already shipped [...]

Sales of New iPhones in S. Korea Estimated at 170,000 Units in First Week

Sales of New iPhones in S. Korea Estimated at 170,000 Units in First Week

SEOUL, Nov. 9 (Korea Bizwire) — Some 170,000 units of Apple Inc.’s new iPhone models are estimated to have been sold in South Korea since its release here last week, industry data showed Friday. The number covers iPhone XS, Max and XR sales via the country’s three leading mobile carriers — SK Telecom Co., KT [...]