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[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 Infographics] S. Korean Millennials Falling in Love with Social Networking Sites

[Kobiz Infographics] S. Korean Millennials Falling in Love with Social Networking Sites

SEOUL, Korea, Dec 16 (Korea Bizwire) – Six out of ten Korean Millennials or youth in their 20′s are using Social Networking Sites(SNS) on a regular basis and they spend about 1 hour on average in their digital media platforms, according to a survey titled “a comparison study of the youths behaviors on social media sites” [...]

[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 [...]

[Kobiz Feature] The Stuff-Carers Want Their Stuffs Neat and Lavish

[Kobiz Feature] The Stuff-Carers Want Their Stuffs Neat and Lavish

SEOUL, Korea, Dec 10 (Korea Bizwire) – It’s an old story that more and more people are spending their money on fashion and accessories. The so-called “stuff-carers” not only invest in themselves directly by taking in fashion items and cosmetics but also they do so by audaciously opening up their purses and wallets to buy products [...]