SEOUL, Dec. 7 (Korea Bizwire) — Apple Inc. has been accused of pressuring distributors to buy demo devices ahead of the release of the company’s new iPad Pro via the nation’s three major telecommunications providers. According to the Korea Mobile Distributors Association, most producers supply demo devices to distributors free of charge, while Apple has historically forced distributors [...]
SEOUL, Nov. 8 (Korea Bizwire) — South Korean retailers and wholesalers lag far behind other firms in spending on research and development (R&D) and the adoption of new technologies, despite the ongoing the fourth industrial revolution, a report said Wednesday. The local distribution industry’s ratio of R&D expenditure to sales came to 0.5 percent in [...]
SEOUL, June 10 (Korea Bizwire) – Large retail and distribution companies are rapidly expanding their presence in the manufacturing industry through M&A or Private Brands (PB). The rationale behind this phenomenon is that integrated management from planning and manufacturing to distribution of products saves costs and exerts greater influence in the market. Lotte Department Store launched [...]