![[Kobiz Feature] #3 Future of Auto Parts: Responses from Parts Material Suppliers](http://koreabizwire.com/wp/wp-content/uploads/2014/01/4931554963_4f3744489b_z.jpg "[Kobiz Feature] #3 Future of Auto Parts: Responses from Parts Material Suppliers")
SEOUL, Korea, Jan 9 (Korea Bizwire) – In a situation where the evolution of the auto parts industry is accelerating rapidly, parts material suppliers are responding in two different ways to catch up with the developments. The first is to form alliances with fellow material developers to step up efforts in reducing the weight. This kind of [...]
![[Kobiz Feature] #2 Future of Auto Parts: Three Major Evolutionary Directions](http://koreabizwire.com/wp/wp-content/uploads/2014/01/9462208532_6d7b1e2c32_z.jpg "[Kobiz Feature] #2 Future of Auto Parts: Three Major Evolutionary Directions")
SEOUL, Korea, Jan 07 (Korea Bizwire) – Efforts by auto makers and parts makers to introduce more and more parts and components lighter in weight in the car have been long-standing. In the past, however, there were many suggestions within the industry that one can improve fuel efficiency through many different ways than lighter-weight parts. But now [...]
SEOUL, Korea, Jan 06 (Korea Bizwire) – So many of us Korean online shoppers have experienced frustration over the complicated and endless process of installing security patches before paying for what they are buying. Most of them give up and instead opt to buy things on mobile sites which are easier to access and pay. How are [...]
SEOUL, Korea, Jan 06 (Korea Bizwire) –As the government begins to impose an additional charge of luxury taxes on high-end handbags effective on January 1 this year, the prices of major handbag brands such as Chanel, Ferragamo, Prada, and Yves Saint Laurent are expected to rise accordingly, in some cases as much as 1 million won more. [...]
![[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials](http://koreabizwire.com/wp/wp-content/uploads/2014/01/9265448890_93e616cbf8_z.jpg "[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials")
SEOUL, Korea, Jan 06 (Korea Bizwire) – Future is always hard to predict. In many cases only one or two predictions turn out close to reality out of ten future projections. This is more so in the annals of consumer goods, from the case of the automobile replacing the horse-drawn carriage to the personal computer overtaking the [...]
![[Kobiz Feature] “Household Debt”: Time Bomb Waiting to Explode](http://koreabizwire.com/wp/wp-content/uploads/2014/01/4273218381_a3316d3330_z.jpg "[Kobiz Feature] “Household Debt”: Time Bomb Waiting to Explode")
SEOUL, Korea, Jan 03 (Korea Bizwire) – Last year Korea’s economy was wobbled by the concerns of a tapering of the U.S. Fed’s quantitative easing policy. If the American monetary authorities start reducing the bank’s US$85 billion in monthly bond purchases, the reasoning went, the won-dollar exchange rate would fluctuate wildly and send huge shock waves to [...]
SEOUL, Korea, Jan 02 (Korea Bizwire) – Readiness Inc., a tech start-up, said on December 30 that it launched a location-based photo sharing mobileapp called “Triple.” The app won an award by the Korea Tourism Organization in June last year for being a creative innovation. The app shows photos of places around which the user is located.Based [...]
SEOUL, Korea, Jan 02 (Korea Bizwire) – The Ministry of Culture, Sports, and Tourism and Korea Tourism Organization will hold a promotional event for about five weeks between January 2 and February 10 as a way to encourage tourism for the winter season. Anyone interested in tourism within Korea can visit the KTO website at http://english.visitkorea.or.kr/enu/index.kto and [...]
![[Kobiz Feature] LG Economic Research Institute Report: Cases of Business Model Innovation](http://koreabizwire.com/wp/wp-content/uploads/2014/01/5134654297_cb4487f426_z.jpg "[Kobiz Feature] LG Economic Research Institute Report: Cases of Business Model Innovation")
SEOUL, Korea, Jan 01 (Korea Bizwire) – In today’s marketplace in which companies fight tooth and nail to gain shares by any means, companies do everything to differentiate their products and services. But they face a situation where the room for differentiation is getting narrower. According to a report by global management consulting firm Frost & [...]
SEOUL, Korea, Jan 01 (Korea Bizwire) – For beginner drivers, parking properly is one of the biggest challenges. When it comes to parallel-parking on a busy street or parking in a crowded shopping mall, neophytes often regret that they took the car out in the first place. But a latest technology can make this kind of worry [...]