• Title/Summary/Keyword: Korea Used-Car Market

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Trade Structure Analysis in the Auto Distribution Industry between Korea and the U.S.

  • Lee, Jae-Sung;Park, Young-Tae
    • Journal of Distribution Science
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    • v.13 no.6
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    • pp.35-44
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    • 2015
  • Purpose - To accelerate economic cooperation, this study investigates trade structures of Korea and the United States and identifies trade discrepancies. Such discoveries can lead to increases in trade volume by improving policies, eventually uncovering ways for trade expansion. Research design, data, and methodology - The Index of trade intensity, from trade intensity theory, is used to analyze the trade decision factors. Even though specific factors should materialize in the analysis, realistically, concrete explanations are difficult as there are so many unsolved factors and diversifications. Results - First, the Index of A value/ B value positions Korean against the United States in terms of market share and Korea against world market share, which thereby reveals comparative market intensity. Second, Korea is taking comparative advantage of export specialization. Third, real comparative advantage indices are considerably improved since early 2000. Conclusions - This study uses quantitative measurements and trade intensity theory and trade specialization to come up with a comparative advantage index to see how inter-trade relations between Korea and the United States have changed over the past 10 years.

Study of the Shape of Car Body Affecting Flow Resistance of Air Flowing Near Car (자동차 주위에 흐르는 공기의 유동 저항에 미치는 차체의 형상 연구)

  • Lee, Hyun-Chang;Cho, Jae-Ung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.8
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    • pp.4707-4712
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    • 2014
  • Considerable fuel in cars is consumed by air resistance. The flow resistance against the air stream was analyzed by flow analysis near the passenger car body. In this study, the models were used were cars available on the real market. Two velocities entered into inlet plane of flow were 80 km/h and 110 km/h using the flow analysis of CFX. As the study method, the velocity of air flow near the car and the pressure on the rear part of car body were investigated at the driving of car. The shapes of the study models were models 1 and 2, and the flow streams were four cases of 1, 2, 3, and 4. In case 1 among the four cases, the maximum pressure ($1.017{\times}10^5Pa$) on the rear part was highest and the maximum velocity (43.81m/s) of air flow near car body was fastest. The air drag force in the case of high speed (110km/h) driving a passenger car was higher than that of a normal driving speed (80km/h). The drag force at wide section area of the car body becomes higher than the narrow section area. The shape of the car body can be effectively designed to reduce the air resistance using the study results of this analysis.

Effect of CAMELS Ratio on Indonesia Banking Share Prices

  • NUGROHO, Mulyanto;HALIK, Abdul;ARIF, Donny
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.101-106
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    • 2020
  • The research was conducted with the aim of knowing the effect of the CAMELS ratio either partially or simultaneously on stock prices. The CAMELS ratio (Capital, Asset Quality, Management, Earning, Liquidity) is used to measure the soundness of a bank, where by the better the soundness of the bank, the more profitable the bank will be for potential investors and other interested parties. The population of this research consists of the four state banks documented on the Indonesia Stock Exchange over the 2012-2019 period. The sample selection technique is a saturated sampling. This study provides the results that partially CAR has a significant effect on the share price of government banks listed on the IDX. Meanwhile, NPL, NPM, ROA, and LDR do not have a significant effect on stock prices of state banks listed on the IDX. The results of the regression analysis show that, together the CAMELS ratio, which is proxied by CAR, NPLS, NPM, ROA, and LDR has a positive and significant influence on the share price of state-owned banks documented on the Indonesia Stock Exchange, so this can be used as a reference for investors in predicting the share price of a state-owned bank before investing in shares.

Brand Personality of Global Automakers through Text Mining

  • Kim, Sungkuk
    • Journal of Korea Trade
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    • v.25 no.2
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    • pp.22-45
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    • 2021
  • Purpose - This study aims to identify new attributes by analyzing reviews conducted by global automaker customers and to examine the influence of these attributes on satisfaction ratings in the U.S. automobile sales market. The present study used J.D. Power for customer responses, which is the largest online review site in the USA. Design/methodology - Automobile customer reviews are valid data available to analyze the brand personality of the automaker. This study collected 2,998 survey responses from automobile companies in the U.S. automobile sales market. Keyword analysis, topic modeling, and the multiple regression analysis were used to analyze the data. Findings - Using topic modeling, the author analyzed 2,998 responses of the U.S. automobile brands. As a result, Topic 1 (Competence), Topic 5 (Sincerity), and Topic 6 (Prestige) attributes had positive effects, and Topic 2 (Sophistication) had a negative effect on overall customer responses. Topic 4 (Conspicuousness) did not have any statistical effect on this research. Topic 1, Topic 5, and Topic 6 factors also show the importance of buying factors. This present study has contributed to identifying a new attribute, personality. These findings will help global automakers better understand the impacts of Topic 1, Topic 5, and Topic 6 on purchasing a car. Originality/value - Contrary to a traditional approach to brand analysis using questionnaire survey methods, this study analyzed customer reviews using text mining. This study is timely research since a big data analysis is employed in order to identify direct responses to customers in the future.

Study of Importance Awareness of Domestic Car Consumer's Product Selection Criteria (국산 자동차 소비자의 제품 선택 기준에 대한 중요도 인식 분석)

  • Lee, Taewon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.3
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    • pp.157-166
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    • 2019
  • The study had subject to find out what factors Korean automobile consumer is considering in their decision to purchase cars in the situation of the growing competition in the domestic automobile market. In order to this end, the previous study was reviewed to select various factors considered in the process of buying cars. Based on this, Analytic Hierarchy Process was used to prioritize which factors were considered more important by consumers. In the result of study, we could find that performance had the highest priority, and the second ranking was the price. In contrast, image of brand and convenience of maintenance were shown to be relatively low in importance, ranking $3^{rd}$ and $4^{th}$, respectively. Beside, we could recognized the ranking of other detailed factors. This study has an academic implication in that it is able to grasp the latest tendency of consumers' purchase choice of car and to make conclusion by applying AHP analysis method to study of related subject. It also have practical significance that can be a basis for make sense what factors should be taken by the automobile industry to uprise the purchase of the consumers through the identification and preparation of the purchase selection criteria of domestic automobile buyers.

Development of Recliner Sensor for Car-Seat Using Wire Mechanism (와이어 기구를 이용한 자동차 시트 리크라이너 센서 개발)

  • Lee, Jeong-Wan;Jung, Won-Seok
    • Journal of Industrial Technology
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    • v.28 no.A
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    • pp.71-74
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    • 2008
  • Belt Integrated Seat(BIS) has many advantages compared to the existing seats. Due to the development of materials and manufacturing technology, BIS, which has been used restrictely in the past, has gone through a rapid growth. As a result, its advantages have gained attention and the possibility of replacing the existing seats has grown. The need to develop BIS has risen and presently joint development with associated industries is in progress. For its first goal, the development and research of Recliner sensor has been selected. Recliner sensor is an essential part of the BIS in which the belt is incorporated onto the seat. In seat-belts, there is an inclination sensor which locks the belt according to the angle of a car. Because the inclination sensor can change frequently depending on the back of seat, a device which can enhance the inclination sensor according to the angle of the back of seat. It is the Recliner sensor that play's this role. Studies on Recliner sensor within and outside Korea has not yet made a salient progress, and due to this fact, the joint development has made a start by benchmarking other company's products. Currently, in other to set the course of the development, a research in patents and various other information is being done. In addition, for the purpose of developing a product which will be compatible with the existing products, a prototype will be made and tested before a new product makes its launching on the market.

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A Study on the Performance of the M&A Firm in KOSDAQ (코스닥시장 M&A기업의 성과에 관한 연구)

  • Kim, Kyung-Sik
    • Journal of the Korea Society of Computer and Information
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    • v.12 no.1 s.45
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    • pp.219-229
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    • 2007
  • The results of the research in M&A firms in the KOSDAQ market are as follows. First, the effect of the M&A disclosure at the time of disclosure was that the positive (+) cumulative abnormal return (CAR) can be interpreted as an increase in the value of the firm; however, in the long run, firms which used the KOSDAQ index and the control firm, which did not use the index were found to have conflicting results. Second, the findings show that the rise in value of general firms resulting from a M&A were higher that those of venture firms. Third, in testing the performance extrapolation hypothesis, it was shown that the performance of "value" firms (firms with a high B/M ratio but poor performance in the past) was better after a M&A than those of the "glamour" firms and that the performance extrapolation hypothesis was substantiated. Fourth, it can be construed that a size effect in a merger exists. The CAR of the small firms surpasses those of large firms. Fifth, in verifying operating performance, most variables showed a positive (+) value at the time of M&A but showed a negative (-) value after a M&A. These results show that because on the Korean KOSDAQ market, M&A are approached from a financial rather than an economic aspect, it can be inferred that it lowers the firms value.

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Design and Implementation of Car Blackbox Forensic Analysis Tool Through the Analysis of Data Structure (차량용 블랙박스 데이터 저장구조 분석을 통한 포렌식 분석도구 설계 및 구현)

  • Cha, In Hwan;Lee, Kuk Heon;Lee, Sang Jin
    • KIPS Transactions on Computer and Communication Systems
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    • v.5 no.11
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    • pp.427-438
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    • 2016
  • Car blackboxes record the information and status of driving. Since blackboxes are commonly used in daily life, the usage of video data recorded from blackboxes is increasing for investigating. Investigators use a own analysis tool suitable for their blackbox provided by the manufacturer in order to check the data. But the tools are not enough to use in the digital forensic analysis because they are dependent on a specific model of blackbox and provides ungeneralized functions. Moreover, if the manufacturer is bankrupt, then their own tools can not be obtained also. Therefore, the way data are stored in the blackboxes which are now in the market are investigated and the features and limitations which have blackbox's own analysis tools are checked. And a comprehensive tool for the analysis of blackboxes is designed and implemented as in this paper.

Technical Value Model and Evaluation for Smart In-vehicle Network (스마트 차량내(內) 네트워크 기술가치 모델 및 평가)

  • Kim, Byung-Woon
    • Journal of Korea Technology Innovation Society
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    • v.20 no.2
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    • pp.368-386
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    • 2017
  • The purpose of this study is to present the technology value model based on profit approach and IITP practical guide for Ethernet network technology, which is the core technology of autonomous vehicles and connected cars in the hyper-connected industry. In-vehicle network, Ethernet technology, Ethernet port count, port pricing, and application data for technology assessment are sources of global market research organizations. The data on the company's COGS (Cost of Goods Sold), operating capital requirement, capital expenditure, and income statement data are used by the Bank of Korea's Business Analysis Report. According to the results of the study, the product market size was estimated to be US $470.3 billion and the technology market size was $52.1 billion over the seven years of economic life cycle of technology. The market value of the technology was estimated to be $260 million reflecting the possibility of entry into the market. In the case of the corporate management analysis report, the average value of the IITP and the top 25% were $0.7 million and $40.2 million, respectively. -27.8 million, and -73.6 million dollars respectively. This implies that government support for policy support is needed when conducting corporate R&D with high cost-to-sales ratio. The results of this study can be used as a reference for the evaluation of technology demand based ICT R&D technology in the industrial internet market in the fourth industrial revolution era.

Comparison & Analysis of Drones in Major Countries based on Self-Driving in IoT Environment (사물인터넷 환경에서 자율주행 기반의 주요국 드론 특성 비교/분석)

  • Lee, Dong-Woo;Cho, Kwangmoon;Lee, Seong-Hoon
    • Journal of Internet of Things and Convergence
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    • v.6 no.2
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    • pp.31-36
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    • 2020
  • The remarkable change in the automobile industry, which is a traditional industrial field, is now evolving into a form of moving toward autonomous functions rather than humans due to various convenience functions and automatic driving or autonomous driving technologies if the person was central when driving the car. This situation is expanding to various industries such as the aviation industry and the drone market, as well as the robot market. The drone market in the aviation industry is being used in various fields due to the unmanned nature of drone operation. Among them, military drones are secret and due to the specificity of technology, details are not disclosed, but as a collection of advanced technologies, they have played a key role in drone development. In this study, the current status of China and the European Union, including the United States, which are major competitors in the drone field, was investigated, and the technologies of major countries were compared and analyzed through the characteristics and operational specifications of the drones currently in operation.