• Title/Summary/Keyword: Korean Auto Industry

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Are Business Cycles in the Fashion Industry Affected by the News? -An ARIMAX Time Series Correlation Analysis between the KOSPI Index for Textile & Wearing Apparel and Media Agendas- (패션산업의 경기변동은 뉴스의 영향을 받는가? -섬유의복 KOSPI와 미디어 의제의 ARIMAX 시계열 상관관계 분석-)

  • Hyojung Kim;Minjung Park
    • Journal of the Korean Society of Clothing and Textiles
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    • v.47 no.5
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    • pp.779-803
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    • 2023
  • The growth of digital news media and the stock price index has resulted in economic fluctuations in the fashion industry. This study examines the impact of fashion industry news and macroeconomic changes on the Textile & Wearing Apparel KOSPI over the past five years. An auto-regressive integrated moving average exogenous time series model was conducted using the fashion industry stock market index, the news topic index, and macro-economic indicators. The results indicated the topics of "Cosmetic business expansion" and "Digital innovation" impacted the Textile & Wearing Apparel KOSPI after one week, and the topics of "Pop-up store," "Entry into the Chinese fashion market," and "Fashion week and trade show" affected it after two weeks. Moreover, the topics of "Cosmetic business expansion" and "Entry into the Chinese fashion market" were statistically significant in the macroeconomic environment. Regarding the effect relation of Textile & Wearing Apparel KOSPI, "Cosmetic business expansion," "Entry into the Chinese fashion market," and consumer price fluctuation showed negative effects, while the private consumption change rate, producer price fluctuation, and unemployment change rate had positive effects. This study analyzes the impact of media framing on fashion industry business cycles and provides practical insights into managing stock market risk for fashion companies.

Research on Development of Dynamo based Vehicle Brake force Inspection Equipment (다이나모 기반의 차량 제동력 검사장비 개발 연구)

  • Lim, Jinwoo;Lee, Kwang-Hee;Kim, John;Lee, Chul-Hee
    • Journal of Auto-vehicle Safety Association
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    • v.9 no.4
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    • pp.20-25
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    • 2017
  • Dynamo based vehicle inspection device is end of line device for automobile industry. The device is utilized as implementing vehicle functionality inspection such as brake force, cruise control, kick-down acceleration, CAN inspection. As dynamo based inspection device is broadly adopted in automobile industry, the dynamic study is required to verify the vehicle test equipment reliability. This research recommends appropriate dynamic brake force inspection procedure and theoretical background for developed equipment. Dynamic characteristic of brake force implementation to roller is simplified. With simplified characteristics, the indirect brake force measurement strategy is developed and adopted. Comparison of each brake force result, the appropriate brake force inspection criterion is given.

A Hybrid Automatic Focusing Method with Gaussian Interpolation and Adaptive Step Size (가우시안보간과 적응스텝크기를 적용한 하이브리드 오토포커싱)

  • Moon, Soon Hwan;Kim, Gyung Bum
    • Journal of the Semiconductor & Display Technology
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    • v.13 no.1
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    • pp.51-55
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    • 2014
  • In this paper, an hybrid automatic focusing method has been proposed for speedy and reliable measurement and inspection in industry. It can improve reliability of focusing position by using not a focusing measure but the hybrid one that is incorporated with sobel operator and auto-correlation. Also, it can not only reduce control time of focusing position using adaptive step size, but also improve accuracy of focusing position by gaussian interpolation. Its performance is verified by experiments. It is expected that it can apply to optical system for measurement and inspection in industry fields.

A Study on the Development of Auto Training System with Training Assistance and Training Information Monitoring (운동 보조 및 운동 정보 모니터링이 가능한 오토 트레이닝 시스템 개발에 관한 연구)

  • Baek, Jun-Young;Go, Seok-Jo;Kim, Tae-Hun;Yoon, Sung-Min;No, Chi-Beom;Cha, Byung-Su;Lee, Min-Cheol
    • Journal of the Korean Society of Industry Convergence
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    • v.20 no.4
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    • pp.333-338
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    • 2017
  • In recent years, there has been an increasing demand for healthcare services that can periodically monitor health status and maintain health by increasing the weight training population. However, injuries in the absence of trainer are increasing with the increase in the number of members in the fitness training center. Therefore, there is a need for a system that can periodically monitor the user's exercise state and assist in systematic and safe exercise even when the trainer is absent. In this study, we developed an auto training system that can effectively manage the exerciser while supporting the strength movement. The auto training system consists of a cable mount module, a control module, and a training information monitoring module. In order to evaluate performance of the developed system, the assistant force tests are carried out. Experimental results showed that the assistant force works well when the exerciser is out of power.

Integrative research on industrial policy and corporate strategy of autonomous car (세계 주요국의 자율주행차 정책 및 기업전략에 관한 통합적 연구)

  • Baek, Seoin
    • Knowledge Management Research
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    • v.18 no.3
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    • pp.1-35
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    • 2017
  • This study conducted comparative study on autonomous car's industry policy and corporate strategy of US, China, Germany, Japan and Korea. By analyzing core technologies and industry paradigm shifts of autonomous car industry, I was able to figure out autonomous car has high potential to be dominant transportation in the future and it is important to construct core competency in technology area. The meaningful findings by analyzing various primary and secondary data are as followings: First, in case of US, Google was leading autonomous car industry by developing its own OS and Platform. US government has been actively supporting and interacting with private firms and Universities for stimulating industry/technology convergence and establishing standard. Second, in case of Germany, autonomous car development was leading by several auto makers such as Mercedes, BMW in Hardware and manufacturing area, and German government was focusing on deregulations for private company. Third, in case of Japan which quite similar with German situation, they were both independently developing technology and expanding alliances with MNCs. And Japanese government was supporting triple helix system construction between local companies and universities. Fourth, in case of China, autonomous car industry was leading by IT companies, and various cooperations between IT companies and automakers were established. Chinese government was regulating foreign companies and supporting domestic companies both in market and technologies Last, in Korean case, the active and extensive alliances were lacking in Korean companies while strategic and strong government supports were missing in public sector. For competing with other countries and players, more active collaboration between different countries and strong policy supports are needed in Korean auto industry.

A Study on the Development of Automatic Drawing System for Pump (펌프의 자동설계 시스템 개발에 관한 연구)

  • Kim, Ill-Soo;Park, Chang-Eun;Jeong, Young-Jae;Song, Chang-Jae;Kim, Hak-Hyoung;Park, Ju-Seog
    • 유체기계공업학회:학술대회논문집
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    • 1999.12a
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    • pp.333-337
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    • 1999
  • The biggest challenge facing today manufacturing industry is better quality and high productivity. From an economic point of view, productivity is the most important parameter, as high productivity will reduce the cost. However, the customers of day are not only cost concerned, but also quality conscious. So high accuracy levels should also be achieved in the manufacturing process. This paper reports the development of a automatic design system based on AutoCAD program. 1'his work is composed of three section that are design of top down menu, impeller and casing for pump programed by AutoLISP language and runned Windows system. The developed system ultimately generates the design for a pump through AutoCAD program. In the design of the pump, it needs about 23 hours with an expert, but this system can be only 80 seconds without an expert.

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Current Status and Future Prospects for The Car Recycling System in Korea (자동차 리싸이클링의 현황과 과제)

  • 오재현
    • Resources Recycling
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    • v.10 no.3
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    • pp.3-13
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    • 2001
  • The Korean Auto industry has developed remarkably over the past 30 years. In 2000 alone, Korea produced 3.11 million vehicles, and the number of vehicles registered surpassed the ten million mark. As the number of vehicles registered in Korea has increased, yew after you, a rising number of cars have been scrapped. In 2000, a total of 455,592 automobiles were scrapped, up dramatically from only 101,158 in 1989. The system for handling of ELV(End-of-Life Vehicles) in Korea is governed by the "Motor Vehicle Control Act". The Act places the responsibility for vehicle scrapping directly on the vehicle owners. h vehicle owner can only can eel a vehicle registration after he gets a certificate from an authorized vehicle dismantler showing that his vehicle was properly scrapped according to the law. The take-back rate of ELV reaches nearly 100% in Korea. The vehicle scrapping process in Korea is very similar to those in other countries. fluids such as fuels and oils are first removed, and recyclable parts are collected and separated. Engines and transmissions are dismantled and recycled for use as raw material. Plastics, which are not easily reused, are generally treated as industrial wastes. The "Motor Vehicle Control Act" prohibits reuse of certain parts in order to guarantee the safety of the used auto parts. However, some restrictions on the reuse of auto parts have recently been eased to promote recycling. In this paper, additionally, car recycling policy of the foreign countries such as Japan, Germany and EU were reviewed.

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Dynamic Tensile Characteristics of the High Strength Steel Sheet for an Auto-body (차체용 고장력 강판의 동적 인장 특성 평가)

  • Kim, Seok-Bong;Huh, Hoon;Shin, Chirl-Soo;Kim, Hyo-Kun
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.1
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    • pp.171-176
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    • 2007
  • An important challenging issue in the automotive industry is the light-weight, safe design and enhancement of crash response of an auto-body structures. These objectives lead to increasing adoption of high strength steel sheet for inner and outer auto-body members. This paper evaluates the dynamic tensile characteristics of high strength steel sheets, HS45R, TRIP60, DP60 and DP100, along the rolling direction and transverse direction. Static tensile tests were carried out at the strain rate of 0.003/sec using the static tensile machine (Instron 5583). Dynamic tensile tests were carried out at the range of strain rate from 0.1/sec to 200/sec using a high speed material testing machine developed. The tensile tests acquire stress-strain relation and strain rate sensitivity of each material. The experimental results show two important aspects for high strength steels: the flow stress increases as strain rate increases; the strain hardening decreases as the tensile stress increases. The experiments also produce interesting results that the elongation does not decrease even when the strain rate increases.

Technological Capability Building and Changes in R&D Networks in the Korean Automotive Industry (한국 자동차부품산업의 기술능력 형성과 연구개발 네트워크의 변화)

  • 심상완;이공래
    • Journal of Technology Innovation
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    • v.8 no.1
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    • pp.49-71
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    • 2000
  • This paper looks at "network" aspects of research and development (R'||'&'||'D) with a special focus on small and medium (S'||'&'||'M) automotive part makers in Korea. It throws light on recent changes in the technological capability building mechanism of Korean automotive firms. The Korean automotive firms have mostly built up technological capability from scratch. It is widely acknowledged that they have benefited from two cooperative relations: namely (1) the close cooperative relationship with their own assemblers and (2) technical assistance from auto parts makers abroad. Too much emphasis on these two links can, however, keep us from understanding new developments. This paper argues that auto parts firms have diversified their networks for technological development. It is based on the analysis of the data drawn from the survey on technological development activities of small and medium sized firms, which was carried out by the Korea Federation of Small and Medium Business. Many automotive firms have recently increased joint R'||'&'||'D links with university and/or research institution while their reliance on foreign sources have decreased.

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When Does Auto-Parts Suppliers' Innovation Reduce Their Dependence on the Automobile Assembler?

  • Kang, Jihoon;Choe, Soonkyoo
    • Journal of Korea Trade
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    • v.24 no.3
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    • pp.37-54
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    • 2020
  • Purpose - This study is to investigate the determinants of suppliers' dependence on buyers in the home country by developing a theoretical model of innovative activities. The high dependence of auto parts suppliers on a single local buyer in South Korea due to firm ownership issues and incremental innovation is examined using data from a set of organizations that supply intermediate goods to this automotive manufacturer. Furthermore, we tested the moderating effect of FDI and global knowledge sourcing on the relationship between firm ownership and suppliers' dependence on the local buyer. Design/methodology - To test the hypotheses, we examined a sample of 101 suppliers over 10 years in the Korean automobile parts industry. In this empirical analysis, we utilized a fixed-effects generalized least squares model using panel data. Findings - In this study, domestic firms (automobile parts suppliers) were more dependent on a single local buyer (automobile assembler) than foreign-owned suppliers operating in Korea. In addition, incremental innovation was the mediating mechanism between domestic firms and dependence on the local buyer. To reduce this dependence on the buyer, we suggest two different international strategies: geographical diversification through FDI and global knowledge sourcing. Originality/value - Previous studies showed that asymmetric dependence between firms has many adverse effects. This study proved that domestic and foreign-owned suppliers have different levels of dependence on local buyers due to their heterogeneous characteristics and business strategies. We distinguish two different types of innovation - radical innovation and incremental innovation - that previous studies have often treated as equal when it comes to firm autonomy. Finally, we propose that both FDI and international knowledge sourcing as global strategies to weaken suppliers' asymmetric dependence on a single buyer.