Diversification Archives | Be Korea-savvy

Construction Equipment Makers Seeking Market Diversification

SEOUL, Nov. 4 (Korea Bizwire) — South Korean construction equipment makers led by Hyundai Doosan Infracore Co. are seeking to expand their presence in emerging markets, such as South America, as part of efforts to tackle slow sales in their main Chinese market. Hyundai Doosan Infracore and Hyundai Construction Equipment Co., the country’s leading excavator [...]

Mobile Phone Vendor Diversification Increasing

SEOUL, Feb.16 (Korea Bizwire) – With the increasing popularity of cheaper mobile phones, there has been a noticeable change in the way that consumers purchase new handsets. Instead of visiting traditional vendors, consumers buy their mobile phones at the post office, convenience stores, through online shopping sites and even from vending machines. While consumers are [...]