SEOUL, Jan. 9 (Korea Bizwire) — Recent restrictions on the use of disposable products have led to the rise of eco-friendly products. Gmarket, a popular online shopping site, reported that sales of tumblers had increased by 45 percent over the past month. Gmarket reported on January 8 that mug sales had increased by 18 percent, [...]
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, [...]
SEOUL, Jan. 6 (Korea Bizwire) — The number of sport utility vehicles (SUVs) sold in South Korea in 2018 shot up 12.7 percent on-year — growing faster than any other type of automobile — to hit a record-high level, data showed Sunday. According to the data based on figures from five South Korean car manufacturers, [...]
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 [...]
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 [...]
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 [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s gaming industry is the world’s fourth largest in sales, but none of the local companies rank among the top producers, a report said Tuesday. According to the Korea Creative Content Agency, the industry’s sales in October came to US$5.76 billion. The number ranked fourth behind $34.4 billion [...]
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 [...]
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 [...]
SEOUL, Nov. 20 (Korea Bizwire) — Sales at South Korean duty-free stores rose 28.6 percent on-year last month, industry data showed Tuesday, despite a lingering row between Seoul and Beijing over a U.S. missile defense system. Sales of local duty-free operators came to US$1.44 billion in October, according to the data compiled by the Korea [...]