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Koreans Consuming Less Soju and More Wine

Koreans Consuming Less Soju and More Wine

SEOUL, Apr. 23 (Korea Bizwire) — Amidst a drop in Korean alcohol consumption, soju, along with other hard liquor, is losing its popularity faster than any other drink. According to a report from the Korea Alcohol & Liquor Industry Association published on April 22, Koreans consumed an average of 8.73ℓ of alcohol beverages in 2013. [...]

Talking Drink Bottles and ‘Wakey’ Wristbands Turn Heads at Digital Marketing Convention

Talking Drink Bottles and ‘Wakey’ Wristbands Turn Heads at Digital Marketing Convention

SEOUL, March 31 (Korea Bizwire) — A smart sensor that a drink bottle can ‘wear’ and a wristband device that wakes up sleepyheads are being presented to the public at the ‘Innovative & Creative Show,’ a convention for small digital companies held by Daehong Communications. Daehong Communications has helped several newly formed companies debut at [...]

South Korean Households Spend Record Amount on Alcohol in 2014

South Korean Households Spend Record Amount on Alcohol in 2014

SEJONG, Feb. 23 (Korea Bizwire) — South Koreans spent the most in over 10 years on alcoholic beverages in 2014, mainly on beer and soju, statistics agency said Monday, while demand for cigarettes fell, most likely from the price increase. Data provided by Statistics Korea said local households spent an average of 11,267 won (US$10.16) [...]