Getting wired: Seoul hopes viewers will prefer cable over satellite TV
Article Abstract:
South Korea's Ministry of Information has begun to set up a nationwide cable-television system to lure viewers away from foreign-dominated satellite television. The ministry intends to select 10-20 companies to produce films, sports and news for cable-TV by the end of Aug 1993. System operators will be selected later in 1993. The government plans to limit foreign programming on cable to a 30% share. Critics say that this requirement will drive up costs and produce a system burdened with outmoded technology and jejune programs.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Regained horizons: IBM aims to make up for lost chances in China and India
Article Abstract:
IBM Hongkong/China managing Dir Robert Savage believes that expansion into the Indian and Chinese markets is the key to IBM's profitability in Asia. China and India, with 2 billion people or 40% of the Earth's population, represent enormous potential markets. IBM's sales in China, which the firm re-entered in 1979, grew by 70% in 1992. IBM also entered into a joint venture with the Tata group in India in Dec 1992. However, in both countries the low demand for personal computers is posing an obstacle.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Can do, make do: Hyundai Motors pins hopes on automation
Article Abstract:
Hyundai Motors of South Korea is planning to spend Won 760 billion (US$1 billion) to upgrade its automation facilities and capabilities. It will depend on automation to reduce labor costs, and to improve production quality, as well as productivity. Most of the renovations will be in the final trim and assembly facilities. Critics in the industry, however, claim that Hyundai should also address its troubled management-employee relations.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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