Business

How to detect company fails

by Channy Yun on Jun.12, 2009, under Business

I discovered very insightful experienced detection method for dying company via (http://www.infuture.kr/393 -Korean). It may be only Korean company, but I guess most of companies can be applied. Another process is made for a process. (There is not to do any more.) Only CEO is speaking on senior meeting. (CEO blames someone to talk.) No one thinks about new business. (All pressed by urgent business. It's always.) New business are always hushing up. (CEO is not interested in them.) Ranking is down from second to below third in the market. (Heroes are needed in emergency.) Internal competition is bitter than competitors in the market. (Everyone ...
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Youtube still struggles in Korea

by Channy Yun on Feb.06, 2009, under Business, Trends

People said Korea is a grave of famous global companies such as Wal-mart, Nokia Carrefour, Nestlé,and Google. MySpace also quits their business in here. Youtube is not exception. It was opened in one year ago with promotion of Steve Chen, co-founder of Youtube, visited Korea. During one year, Youtube seems nice growth but, it still struggles amang Korean big players. In last year, online video market was dramatically changed in Korea. Video startups such as Pandora.tv and Mncast.com have been pressed by high cost to manage servers and network traffic because of high quality video upload and download over 700kpbs. At ...
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NHN earned 860 million dollars in 2008

by Channy Yun on Feb.04, 2009, under Business

NHN announced earning surprise of 2008 year with increasing over 30% sales and income compared with 2007. According to corporate earning presentation, the total sales in 2008 reached 8.6 hundred million US dollars and net income did 2.6 hundred million US dollars. It was just discounted because of weaken Korean won. 2008 2007 Amount Increased Rate(%) Sales 1,208,126,638 920,208,853 287,917,785 31.29 Operating Income 491,174,801 389,491,413 101,683,388 26.11 Net profit form continuing operation before corporate income Tax 517,100,579 394,317,310 122,783,268 31.14 Net Income 365,702,271 280,107,718 85,594,553 30.56 (Thousand Korean WON) NHN has two business properties of Naver.com (search portal) 70% including search and display advertisement and Hangame.com (online game) 30% based on user-charged game service.
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