• Title/Summary/Keyword: Industry-demand

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Challenges for the Future LCD Industry

  • Kwon, Young-Soo
    • 한국정보디스플레이학회:학술대회논문집
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    • 2008.10a
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    • pp.3-3
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    • 2008
  • The TFT-LCD industry has shown dramatic growth by making technological advances and satisfying consumer needs. It now stands at the heart of the display industry. However, the TFT-LCD market is maturing and is unlikely to sustain the fast pace of growth in years to come. There has been an oversupply in the LCD sector entering 2008 due to capacity expansion aimed at fueling growth coupled with softening demand amid the global economic slowdown and recent financial turmoil. The LCD industry has successfully coped with oversupply on several occasions. Each time, LCD makers faced up to the challenge and responded with a pioneering spirit. They continued to grow by turning crisis into opportunity. LG Display aims to create new markets by developing products based on innovative technology and providing more attractive products through a value-added product planning that incorporates consumer needs. Through a continuous cost innovation targeted at stimulating demand by making products more economical to consumers, we will be at the forefront of overcoming the current oversupply and sustaining robust growth for the TFT-LCD industry. Depending on our management of the situation, the current oversupply could prove to be an opportunity to create even bigger markets for the future.

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A Study on the Improvement Means for the Fundamental Problems in Training Human Resources in the e-Learning Industry (S-러닝 전문인력 양성 기반 문제점 및 개선방향)

  • Kim, Shin-Pyo;Noh, Kyoo-Sung
    • Journal of Digital Convergence
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    • v.3 no.1
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    • pp.27-44
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    • 2005
  • Nowadays, demand for human resource for the e-learning industry is rapidly increasing along with the expansion of e-learning market capacity. However. there are numerous difficulties in expansion and industrialization of e-learning due to insufficient supply of human resources to meet the demand. Therefore, the goal of this study is to present various policy directions that can supplement the supply or e-learning manpower. Overall contents of this study focus on presenting the long-term directions for fostering of human resources for e-learning industry. Among these, role of government policies for fostering of human resources for e-learning industry is being particularly emphasized because e-learning industry is still at its infant stage.

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Contribution of Road Capital in Industry and Optimal Level of Road Capital in South Korea (한국 도로 자본의 산업에 대한 영향과 도로자본 스톡의 최적수준 분석)

  • Kook, Woo Kag
    • International Journal of Highway Engineering
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    • v.15 no.3
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    • pp.137-149
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    • 2013
  • PURPOSES: This study is to suggest the Contribution of Road Capital in Industry and Optimal Level of Road Investment in South Korea METHODS: Based on the literature review, This research is empirically estimated using disaggregate and disaggregated data composed of 10-sectors covering the entire korea economy for the period 1970~2000. The relevant policy questions addressed in this report are : cost reduction and Scale elasticities of road, effect of road capital stock on demand for labor, capital and materials, marginal effect of road, industry TFP growth decomposition, Net Social Rates of Returns, optimal of road capital. RESULTS : The marginal benefits of the road capital at the industry level were calculated using the estimated cost elasticities. Demand for the road capital services varies across industries as do the marginal effects. The marginal benefits are positive for the principal industries. This suggests that for these industries the existing stock of road capital may be under supplied. CONCLUSIONS: This results emerges is that the ratio of the optimum to actual road capital, measured by road, was high at beginning of the period 1970s and declined 1990s. There appears to be evidence of under-investment in road capital. That is continuous and premeditated investment for road which lead to saving time and finance.

Induced Production Analysis for Photovoltaic Power Generation Equipment in Korea using Input-Output Table 2009 (산업연관표 2009를 이용한 태양광발전설비산업의 생산유발효과분석)

  • Kim, Yoon-Kyung
    • New & Renewable Energy
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    • v.8 no.1
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    • pp.8-17
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    • 2012
  • The Korean government pushed ahead various policies to disseminate photovoltaic (PV), wind power, small hydro, bio-fuel, etc. Renewable energy system (RES) budget of the Korean government increased from 118 billion won of 2003 to 876.6 billion won of 2010. The R&D budgetary supports for RES increased by 6.8 times in the period 2003-2010. It is necessary to confirm RES budget expenditure that renewable energy promotion policy makes good performance evaluated in quantity level. This paper made Input-Output Table 2009 contains photovoltaic power generation equipment industry as a dependent sector and analyzed induced production effect by demand of photovoltaic power generation equipment industry. From the empirical analysis result, additional demand in photovoltaic power generation equipment induced 1.932 times of induced production in Korea. Each of industry sector has positive induced production from the additional demand in photovoltaic power generation equipment. Renewable energy promotion in photovoltaic power generation is considered together with industry policy as the option to sustain economic growth.

An Analysis of the Impact of Changes in Kimchi Imports on the Korean Kimchi Industry (김치 수입량 변화가 국내 김치산업에 미치는 영향 분석)

  • Kim, In-Seck;Jeong, Seon-Hwa;Jeong, Ga-yeon
    • Korean Journal of Organic Agriculture
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    • v.30 no.2
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    • pp.151-170
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    • 2022
  • The demand for commercial kimchi has increased continuously for the past 20 years due to the increase in eating out demand. Although Korean kimchi industry has expanded significantly, it is still small and a large portion of domestic demand is dependent on Chinese kimchi. Chinese kimchi imports has markedly increased over the last 20 years. However, kimchi imports from China in 2021 significantly reduced due to the recently released video showing a naked man making Kimchi. Korean government has decided to apply HACCP to all imported Kimchi from October 2021 in order to improve the safety of imported kimchi. This study analyzed the effect of changes in the amount of kimchi imports due to the introduction of HACCP on the kimchi industry by using a dynamic partial equilibrium model. According to the analysis result, if imports decreased by 20% compared to the Baseline, domestic kimchi production increased from 1.8% to a maximum of 4.8%, but kimchi consumption decreased from 3.1% to 5.2%. In particular, consumption away from home decreased from 3.3% to 5.7%. It is expected that the results of this study would be used as useful data in the decision-making process of market participants and policy makers related to the kimchi industry.

A Study on Analyzing Structural Changes and Growth Factors of the Three Main Industries in Ulsan Metropolitan City using Regional Input-Output Tables (지역산업연관표를 이용한 울산광역시 3대 주력산업의 구조변화와 성장요인 분석)

  • Kim, So-youn;Ryu, Suyeol
    • Journal of the Economic Geographical Society of Korea
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    • v.20 no.1
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    • pp.1-15
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    • 2017
  • This paper analyzes empirically how the three main industries (petrochemical industry, shipbuilding industry, automobile industry) that are driving the growth of Ulsan region in 2005~2013 have grown by what factors. For this purpose, we investigate the structural changes of the three main industries by using regional input-output tables announced by the Bank of Korea and examine the growth contribution rate of each industry that is divided into domestic final demand, export demand, import substitution for final goods, import substitution for intermediate goods and technological change, respectively. The growth rate of gross output and aggregate demand in petrochemical and automobile industries increased in 2010-1013 compared to 2005-2010, but the growth rate of gross output and aggregate demand in shipbuilding industry slowed down. As a result of analysis of factors contributing to the increase in gross output of the three main industries, export demand has the greatest effect. By industry, the rate of growth contribution of export demand in petrochemical industry is recorded as 209.23% in 2005-2010 and 113.78% in 2010-2013, respectively. The rate of growth contribution of export demand in automobile industry is recorded as 258.72% in 2005-2010 and 72.69% in 2010-2013, respectively. On the other hand, the rate of growth contribution of export demand in shipbuilding industry is recorded as 94.47% in 2005-2010, but it decreased to -255.32% in 2010-2013. Analysis of growth factors of Ulsan's three main industries is expected to serve as the basis for reorganizing related industrial policies and establishing them.

Contributions of Large-Industrial Enterprise to Demand-Side Management and Economic Analysis on Diffusion of Energy Efficiency Measures (산업체 전력다소비 설비의 수요관리 기여도 및 효율향상 보급에 대한 경제성 평가분석)

  • Kim, Seong-Cheol;Park, Jong-Jin
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.26 no.2
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    • pp.18-26
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    • 2012
  • Though electricity consumption amount in industry has been increased gradually, corresponding power supply show symptoms of marginal point. Importance of demand-side management from large-industries has also been raised. This paper deals with induction motor, which is one of representative examples of heavy electricity consumption utilities, to analyze potential technical capability, economic feasibility from consumers' viewpoint and demand-side management feasibility from nation-wide perspective. Nation-wide economic feasibility analysis was done through California test, which has been used as demand-side management evaluation model. This paper also describes limitation of existing high efficiency induction motor in terms of contribution to demand-side management and utilizes premium motor to calculate demand-side management contribution level and economic feasibility evaluation. Likewise, this paper emphasizes the efficiency improvement of induction motor and analyzes how much premium motor related technologies can contribute to demand-side management.

A Survey Study on the Demand and Supply of Measurement Labor in Korean Industry (한국산업(韓國産業)의 측정기술인력(測定技術人力) 수급실태(需給實態) 조사연구(調査硏究))

  • Lee, Dong-Su;Kim, Dong-Jin;An, Jong-Chan
    • Journal of Korean Society for Quality Management
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    • v.21 no.1
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    • pp.11-21
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    • 1993
  • In this paper, we survey the current status of measurement labor in Korean Industry. At the same time we try to predit the demand and supply of measurement labor to suggest policy measures for equilibrium in measurement labor market. We use a general production function for the prediction which include a set of general homethetic production function.

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The Cement Industry in Ethiopia

  • Mulatu, Dure;Habte, Lulit;Ahn, Ji Whan
    • Journal of Energy Engineering
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    • v.27 no.3
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    • pp.68-73
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    • 2018
  • The cement industry is one of the rapidly growing industry in Ethiopia. The average per capita cement consumption of the country has increased from 39kg to 62kg. However, this is still way below than the global average per capita consumption of 500kg. The Ethiopian government is planning to expand its cement industry by upgrading the current cement plants and also opening of new cement plants in order to meet the future demand of the country. Currently, the number of cement plants in Ethiopia has reached to 20. By the year 2025, per capita cement consumption is expected to increase to 179kg. Recently, Ethiopia has become one of Africa's largest market for the cement industry. In addition, Ethiopia has become the major exporter of cement in the Sub-Saharan African region. The Ethiopian cement industry is highly dependent on the use of imported energy sources for its production. This situation has a significant amount of impact on the high production costs of the industry. This paper will try to review the history, production, available resources, the technologies and energy use of the Ethiopian cement industry.

Bankruptcy Risk Level Forecasting Research for Automobile Parts Manufacturing Industry (자동차부품제조업의 부도 위험 수준 예측 연구)

  • Park, Kuen-Young;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.221-234
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    • 2013
  • In this paper, we report bankruptcy risk level forecasting result for automobile parts manufacturing industry. With the premise that upstream supply risk and downstream demand risk could impact on automobile parts industry bankruptcy level in advance, we draw upon industry input-output table to use the economic indicators which could reflect the extent of supply and demand risk of the automobile parts industry. To verify the validity of each economic indicator, we applied simple linear regression for each indicators by varying the time lag from one month (t-1) to 12 months (t-12). Finally, with the valid indicators obtained through the simple regressions, the composition of valid economic indicators are derived using stepwise linear regression. Using the monthly automobile parts industry bankruptcy frequency data accumulated during the 5 years, R-square values of the stepwise linear regression results are 68.7%, 91.5%, 85.3% for the 3, 6, 9 months time lag cases each respectively. The computational testing results verifies the effectiveness of our approach in forecasting bankruptcy risk forecasting of the automobile parts industry.