The “grid chair” is a minimalist design of welded steel and a black walnut seat. Probably not minimalist in the strictest sense, but work with me here. It’s a wire chair. Jaebeom Jeong says that it's a collaboration between a classic chair and one designed by a computer. It is on display in South Korea until the end of January.
Implications - People are adopting a "back to the basics" attitude since the recession rocked the economy. This mentality has been translated into many industries, including the furniture industry (as seen with this minimalist wire chair). Businesses that take away unnecessary bells and whistles from their product will appeal to this generation of apprehensive consumers.