• Title/Summary/Keyword: Foreign Market Performance

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Performance Test for a Multi-stage Planetary Gear Module in a Hydraulic Winch (유압 윈치용 다단 유성기어 감속기에 대한 성능시험)

  • Park, Kyu Tae;Yoo, Young Rak;Lim, Jong-Hak;Kim, Sung-Hoon;Lee, Ho Seong;Song, Chul Ki
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.19 no.10
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    • pp.31-35
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    • 2020
  • Hydraulic winches for transportation and logistics in the shipbuilding and marine plant fields require multi-stage planetary gear modules with high gear ratios. Due to environmental conditions in the ship, durability is crucial. Further, we are currently relying on foreign products. The development of domestic technology will reduce cost, save time, and improve the export market. Thus, we developed a multi-stage planetary gear module for a hydraulic winch and evaluated its performance through several tests of the hydraulic brake torque, maximum torque, and load endurance.

Analysis on elements of policy changes in character industry (캐릭터산업의 정책변인연구)

  • Han, Chang-Wan
    • Cartoon and Animation Studies
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    • s.33
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    • pp.597-616
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    • 2013
  • Character industry is not only knowledge-based industry chiefly with copyrights but also motive power for creative economy to take a role functionally over the fields of industries because it has industrial characteristic as complement product to promote sale value in manufacturing industry and service industry and increase profit on sales. Since 2003, the national policy related to character has aimed to maximize effect among connected industries, extend its business abroad, enforce copyrights through the improvement of marketing system, develop industrial infrastructure through raising quality of character products. With the result of this policy, the successful cases of connected contents have been crystallized and domestic character industry has stepped up methodically since 2007. It is needed to reset the scales of character industry and industrial stats because there are more know-how of self industry promotion and more related characters through strategy of market departmentalization starting with cartoon, animation, games, novels, movies and musicals. Especially, The Korea government set our target for 'Global Top Five Character Power' since 2009 and has started to carry out to find global star characters, support to establish network among connected industries, diversify promotion channels, and develop licensing business. Particularly, since 2013, There have been prospered the indoor character theme park with time management just like character experimental marketing or Kids cafes using characters, the demand market of digital character focusing on SNS emoticon, and the performance market for character musical consistently. Moreover, The domestic and foreign illegal black markets on off-line have been enlarged, so we need another policy alternative. To prepare for the era of exploding character demand market and diversifying platform, it is needed to set up a solid strategy that is required the elements of policy changes in character industry to vitalize character industry and support new character design and connected contents. the following shows that the elements of policy changes related to the existing policy, the current position of market. Nowadays, the elements of policy changes in domestic character industry are that variety of consumers in the digital character market according to platform diversification, Convergence contents of character goods for the Korean waves, legalization of the illegal black contents market, and controling the tendency of consumers in departmentalized market. This can help find the policy issue entirely deferent with the existing character powers like US, Japan or Europe. In its final analysis, the alternatives are the promotion of models with contract copyrights of domestic and foreign connected contents, the diversification of profit models of platform economy, the additive development of target market related to enlarging the Korean waves, and the strategy of character market for the age-specific tendency according to developing character demand market.

An Exploratory Analysis on Strategic Changes of Furniture Retailer: Focusing on IKEA and Hanssem in Korea

  • Kim, Byoung-Goo
    • Journal of Distribution Science
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    • v.16 no.12
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    • pp.33-45
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    • 2018
  • Purpose - This study analyzes how Hanssem, which ranks first in domestic market in the furniture industry, responds to the expansion of IKEA, a large overseas furniture maker, and investigates the recent strategic changes of Hanssem and IKEA. Research design, data, and methodology - As a research method, a general method of case studies, literature research, is carried out through academic research results, reports, articles, and statistics. In addition, methods such as field observation and interview with stakeholder were performed to collect in-depth understanding and information about the companies. Results - Along with its core competences, Hanssem has pursued strategic changes to compensate for its weaknesses. IKEA has also used a variety of strategies changes to match the situation in Korea. Conclusion - Both companies have properly balanced localization elements and standardization strategies that value the needs of local consumers. In particular, Hanssem has implemented various strategies based on its core competence in response to IKEA's strategy. In addition, Hanssem and IKEA are actively managing and have good performance not only in Korea but also in foreign markets.

A Study on the Subjective Responses to Environmental Noises (주거 환경 소음에 대한 거주자 반응조사에 관한 연구)

  • Song, Guk-Gon;Lim, Jun-Yeong;Lee, Tai-Gang;Kim, Sun-Woo
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2008.04a
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    • pp.5-8
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    • 2008
  • Apartment housing is a widely-spread type in Korean housing market. Nevertheless, it has caused serious problems such as traditional community corruption, unsafe structure, defects and litigation from noise. Noise, especially in concrete structure for apartment housing, is hardly controlled in proper to prevent sound transmission between upper and lower families with existing system, In foreign countries, there are floating floor systems to enhance the noise control performance in multi-family housing. Therefore, this study aims to analyze subjective responses on sound characteristics in residential buildings. We analyzed the residential response and the quantities of measured data from environmental noise. The results of this study will be useful to provide guideline to make policy of environmental noise and criteria.

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Technology Trends to High Efficiency Motors : Focused on Induction Motor (고효율 전동기 기술 동향 : 유도기 중심으로)

  • Jang, Kibong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.6
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    • pp.995-1000
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    • 2016
  • Minimum Energy Performance Standard(MEPS) has been adapted in Korea since 2008. For at least 37 kW, IE3 efficiency class motors are now mandatory in Korea. IE4 level regulation is expected in a few years. Foreign companies are already selling IE4 class motors in the market, and the discussions on IE5 have already started. The efficiency standard of variable speed motors is scheduled for publication shortly. Recently, discussions are now beginning to prepare for IE5 in Korea. In this paper, author reviews the policies associated with a high efficent electric motors by reference to both domestic and international standards, and reviews the research direction to prepare for IE5.

Deep Neural Networks Learning based on Multiple Loss Functions for Both Person and Vehicles Re-Identification (사람과 자동차 재인식이 가능한 다중 손실함수 기반 심층 신경망 학습)

  • Kim, Kyeong Tae;Choi, Jae Young
    • Journal of Korea Multimedia Society
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    • v.23 no.8
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    • pp.891-902
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    • 2020
  • The Re-Identification(Re-ID) is one of the most popular researches in the field of computer vision due to a variety of applications. To achieve a high-level re-identification performance, recently other methods have developed the deep learning based networks that are specialized for only person or vehicle. However, most of the current methods are difficult to be used in real-world applications that require re-identification of both person and vehicle at the same time. To overcome this limitation, this paper proposes a deep neural network learning method that combines triplet and softmax loss to improve performance and re-identify people and vehicles simultaneously. It's possible to learn the detailed difference between the identities(IDs) by combining the softmax loss with the triplet loss. In addition, weights are devised to avoid bias in one-side loss when combining. We used Market-1501 and DukeMTMC-reID datasets, which are frequently used to evaluate person re-identification experiments. Moreover, the vehicle re-identification experiment was evaluated by using VeRi-776 and VehicleID datasets. Since the proposed method does not designed for a neural network specialized for a specific object, it can re-identify simultaneously both person and vehicle. To demonstrate this, an experiment was performed by using a person and vehicle re-identification dataset together.

Stock Splits and Trading Behavior of Investors (주식분할과 투자자 매매행태)

  • Park, Jin-Woo;Lee, Min-Gyo
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.317-332
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    • 2020
  • Purpose - This study examines the information effect and trading behavior of investors for the 430 stock split data from January 2004 to June 2018 in the Korean stock market. Design/methodology/approach - The stock split samples are classified into two groups by split ratio as well as three groups by price level prior to split. We also investigate the trading behavior of investors categorized by institutional versus individual investors. Findings - First, we find a significantly positive information effect on the announcement day. In particular, the information effect is more distinct in the group of larger split ratio and higher price level of stocks. Second, we find a huge increase in turnover following the stock splits, which mainly results from the trading by individual investors. Also, the increase in turnover by individual investors is evident in the group of larger split ratio and higher price level of stocks. Third, the stock splits have a negative impact on the long-term stock performance. The negative buy-and-hold abnormal return(BHAR) makes no difference in the groups by split ratio as well as price level of stocks. Lastly, we find individual investors tend to buy splitted stocks, which exhibit the long-term under-performance. Research implications or Originality - The results in this paper suggest that the liquidity hypothesis is not supported in the Korean stock splits. In addition, we observe that individual investors are exposed to losses due to their unfavorable trading behavior following the stock split.

A study on the aspect-based sentiment analysis of multilingual customer reviews (다국어 사용자 후기에 대한 속성기반 감성분석 연구)

  • Sungyoung Ji;Siyoon Lee;Daewoo Choi;Kee-Hoon Kang
    • The Korean Journal of Applied Statistics
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    • v.36 no.6
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    • pp.515-528
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    • 2023
  • With the growth of the e-commerce market, consumers increasingly rely on user reviews to make purchasing decisions. Consequently, researchers are actively conducting studies to effectively analyze these reviews. Among the various methods of sentiment analysis, the aspect-based sentiment analysis approach, which examines user reviews from multiple angles rather than solely relying on simple positive or negative sentiments, is gaining widespread attention. Among the various methodologies for aspect-based sentiment analysis, there is an analysis method using a transformer-based model, which is the latest natural language processing technology. In this paper, we conduct an aspect-based sentiment analysis on multilingual user reviews using two real datasets from the latest natural language processing technology model. Specifically, we use restaurant data from the SemEval 2016 public dataset and multilingual user review data from the cosmetic domain. We compare the performance of transformer-based models for aspect-based sentiment analysis and apply various methodologies to improve their performance. Models using multilingual data are expected to be highly useful in that they can analyze multiple languages in one model without building separate models for each language.

Study on Korea cosmetics purchasing preferences - Focusing on domestic tourists - (한국화장품 구매 선호도에 관한 연구 - 국내 관광객을 중심으로 -)

  • Lee, Young-Jae
    • Korean Journal of Human Ecology
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    • v.23 no.3
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    • pp.545-556
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    • 2014
  • The most rapidly growing manufacturing could be cosmetics industries due to this phenomenon. In this study, the cosmetic distribution structure not to mention Korea, Asia's largest market, China and Japan are based on references. Purpose of study is to provide a basis for marketing strategy through the research process and results. Korea cosmetics market has been exerting a tremendous power of LG Household & Health and Amore Pacific as a major company. Cosmetics industry is rapidly booming around the mid-priced brand through internet shopping, TV shopping, and road shops. Cosmetics preferences were analyzed targeted at tourists by distributing questionnaire to 1500 in road shop and Myeong-dong from September 14 to October 13, 2013. The answers for the questions of the most awareness cosmetic brands in Korea are appeared in order of Laneige, Innisfree, The Face Shop. The satisfaction of the use of Korea cosmetic are 61.85% and the reasons are that in a variety of color cosmetics are 32.58%, the reaction of around that you look prettier are 29.34%. Therefore purchasing products are 49.14% of the color cosmetics and 24.93% of the functional products. Within the result of the survey, although the quality versus the price for the Korean cosmetic brands has been competitive advantage over yet from the advertising of Korea wave stars, the foreign purchasers have been willing to buy the color cosmetics and high-end performance products being the research and development of the continuously higher quality of the performance if the preceding even if being more expensive purchase price.

Competency Gap in the Labor Market: Evidence from Vietnam

  • LE, Quan Thai Thuong;DOAN, Tam Ho Dan;NGUYEN, Quyen Le Hoang Thuy To;NGUYEN, Doang Thi Phuc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.697-706
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    • 2020
  • The relationship between education and work is of the greatest concern to individuals and society because they are the key drivers of growth and development. In the context of Industry 4.0, labor and educators are facing the challenges of big changes in the workplace. How to prepare undergraduate students for the world of employment has become the most important mission of higher education providers. This paper explored the competency gap in the labor market in Vietnam from the perspective of employees who have been dissatisfied with the current status. First, a qualitative method with the Delphi technique was applied to confirm this consensus in an employees' competency model. Then, the satisfaction level for each competency criterion was explored by applying the advance quantitative method, namely, best non-fuzzy performance approach. Lifelong learning was ranked first, followed by creativity and innovation, foreign languages, expertise and digitalization, adaptability, and finally, organizing and managing ability. Critical thinking and problem-solving were perceived to have the biggest gap. The order of competency satisfaction is useful in explaining the mismatch between education quality and labor market demand. The findings provide valuable guidelines for education managers who seek to bridge the competency gap and improve education quality.