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[Kobiz Feature] How Unsustainable Factory Farming Can Be?

[Kobiz Feature] How Unsustainable Factory Farming Can Be?

SEOUL, Korea, Mar 18 (Korea Bizwire) – Since mid-January when the first case of bird flu was reported, as many as 10 million chickens and ducks have been killed as part of preemptive measures to contain the spread of the epidemic. Amid the massive slaughter of the fowls, the media is quiet about the travail [...]

[Kobiz Feature] Nationalism: Parallels in Olympic Games and Automotive Industry

[Kobiz Feature] Nationalism: Parallels in Olympic Games and Automotive Industry

SEOUL, Korea, Feb 25 (Korea Bizwire) – As most sport games are contested between national teams, they naturally become a matter of national pride. Among them, the Olympic Games are the premier stage of nationalist competition where every country can show their power like a battlefield without firing guns. Likewise, it’s the same in the [...]

[Kobiz Feature] #3 Future of Auto Parts: Responses from Parts Material Suppliers

[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

[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 [...]

[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials

[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

[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 [...]

[Kobiz Feature] LG Economic Research Institute Report: Cases of Business Model Innovation

[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 & [...]

[Kobiz Feature] “Social Dating Service Applications”: Smash Hit in Korea

[Kobiz Feature] “Social Dating Service Applications”: Smash Hit in Korea

Seoul, Korea, Dec. 15 (Korea Bizwire) – “Wired culture,” “Smartphones,” “credit cards,” “blind dates,” “plastic surgery,” “workaholics,” “cosmetics,” “female golfers,” “Starcraft,” “Flight attendants,” and “business-boozing.” This is the list of the ten things CNN came up with to introduce (South) Korea in a recent news coverage where it even said you should “book a ticket [...]

[Kobiz Feature] What Distinguishes You from “Smart Shoppers”

[Kobiz Feature] What Distinguishes You from “Smart Shoppers”

SEOUL, Korea, Dec 12 (Korea Bizwire) – At the end of the last month arrived Black Friday, the biggest shopping season of the year in the United States. Black Friday, the time when the shoppers can enjoy tremendous benefits, even had an impact on the Korean retail industry. During the Black Friday shopping season this year Korean [...]