Korean Home Furnishing Market Grows to US$16.6 Bil.
With increased interest in home interior design, more consumers want to change the look of their homes using home accessories and furniture. Since the Korean launch of global home furnishing giant IKEA, Korean companies in the furniture and home accessories industries have entered the home furnishings market. Players that have expanded their product lines into kitchen and lifestyle goods are enjoying increased revenue while sales of DIY interior decor products have also jumped. Let's learn more about what's powering the growth of Korea's home furnishing market even through the recession.
Part 3. Development of Korean Biotechnology
The aging of populations is a widespread global phenomenon. IT and biotechnology was discussed extensively at the World Economic Forum as a solution to the aging population paradox. Among the discussions was a presentation by KAIST researchers on advanced biotechnology to respond to the aging population phenomenon. Let's find out more about the biotechnologies discussed at the forum as well as its current status of development.
Leemyungsu Design Lab Brings Style and Safety to Bike Riders
The number of bike riders continues to rise as cycling is considered an environmentally-friendly mode of transport. Korean startup Leemyungsu Design Lab has unveiled the SEIL Bag to improve the safety of cyclists on the road, which was met with great response from bike enthusiasts. The backpack uses a built-in LED display to communicate with auto drivers behind by indicating directional arrows, short messages, and emoticons. Lee Myung-su, the CEO of the design lab, shares how he came to start his own business and develop an award-winning design.
What Is the "Feels-Like" Temperature, or Wind Chill?
You may have noticed the weather forecast includes a "feels-like" temperature besides the actual temperature. Sometimes, the gap between the two temperatures is so large that it is hard to estimate how hot or cold it would really feel like outside. Why is there a difference between what the thermometer indicates and the perceived temperature to the human body, and how is the feels-like temperature calculated?