Laser repair equipment

[INQ. NO. 1512M07] Since its founding in 1973, Charm Engineering has focused on flat-panel display manufacturing equipment. The company supplies products and services to a number of domestic companies including Samsung, LGD, and other global IT companies in China, Japan, etc.

https://korean-machinery.com///inquiryCharm Engineering surpassed US$16 million in exports of its laser repair equipment for flat display panel that is based on laser application technology. With global and domestic market shares of 74% and 65%, respectively, Charm Engineering is the first company in the world to utilize new precise laser in AMOLED micro processing equipment in the flat display manufacturing equipment field.

FPD-array-laser-repair

Highly competitive with such many features as TFT LCE 5~8 generation application, high-accurate later cutting, high-speed and low noise & stability, highly accurate gantry stage movement, stage joystick function, proven reliability in advanced fab., Charm Engineering’s latest FPD array laser repair ensures highest throughput, excellent particle control, and VTM configuration (in case of cluster tool type). The goal of Charm Engineering is to become a leading company in the global equipment field with cutting-edge technology. Hence, the company is placing great efforts in developing innovative models such as Flexible with AMOLED, TSP, FPCB and electronic printing equipment.

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Hydraulic steering gear

[INQ. NO. 1512M06] Busan-based Yoowon Industries is a manufacturer of almost four-decades focusing on producing top quality steering gears, filters, diverse deck machines, fin stabilizers and lubrication oil console units.

https://korean-machinery.com///inquiryThose prominent\ products are gaining a high reputation among global leading local shipbuilders such as Hyundai Heavy Industries, Daewoo Shipping & Marine Engineering, Samsung Heavy Industries, and Samho Heavy Industries, as well as from local small and medium-sized enterprises (SMEs). The ISO 9001/14001-certified maker’s products are processed depending on global standards in compliance with various ship classifications – A.B.S, D.N.V, L.R, G.L, B.V, and K.R.

Hydraulic-steering-gear

Currently, Yoowon’s flagship hydraulic steering gear is in a position of leading the moves of the company in pioneering productive abroad markets. As an electro-hydraulic steering gears 2-ram 4 -cylinder types, Yoowon’s hydraulic steering gear with rudder actuator realizes the performance equivalent to 100% of initially intended in stage of design. The commonly applied power system is of a component that contributed to doubling the main features including excellent response, energy saving, simple construction, compact design and high reliability.

Now, client companies in China are commanding the majority of the share of its abroad trading partners. Yoowon Industries is considering some regions including Taiwan, Singapore, the U.S.A, etc. as promising new markets to raise its global presence.

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Dry etcher

[INQ. NO. 1512M05]LIG ADP is a leading company in the field of domestic display equipment. The company has succeeded in delivering the systems of encapsulation hot-press and plasma pre-treatment system for the first time in the 8G WRGB OLED global market.

https://korean-machinery.com///inquiryLIG ADP has been providing quality products and the dry etcher system is available for amorphous, LTPS, oxide backplane, and technology of vacuum alignment system, TFT/CF pattern inspection system and macro inspection system. LIG ADP’s dry etcher’s growing popularity in the market is based on some noticeable strengths – all source (CCP&ICP etcher) for G4.5~G8.5, wide process window for all application (Oxide & a-si TFT, LTPS), excellent productivity (Anti-(ESD, Mura, Dint, ARC)), and reliability (high uptime) & technical support.

Dry-etcher

With customers’ trust gained from the domestic market, LIGADP succeeded in diversifying the sales channel in the most advanced display market in the world. In 2010, the company exported its products to China and Taiwan, which proves the products’ reliability and excellence. LIG ADP promises it will become a professional solution provider in the field of LCD, LED, OLED, and sustainable energy. Through continuous research and development, the company’s ultimate goal is to provide high-quality equipment, and to become socially responsible.

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Twin-rotor dehumidifier

[INQ. NO. 1512M04]High humidity levels may increase the spread of mold, bacteria, viruses, and so forth. Hence, it is important to maintain the proper humidity levels in your home and workplace. Highly used in medical and chemical industries utilizing hygroscopic raw materials, dehumidifying systems maintain quality and efficiency.

Twin-rotor-dehumidifierhttps://korean-machinery.com///inquiryEstablished in 2004, Air Tech Engineering is a leading commercial dehumidifier manufacturer. With accumulated expertise and professionalism, the company has developed hybrid and twin rotor dehumidifiers, which have been awarded the ‘World-Class Product of Korea’ by the Ministry of Trade, Industry, and Energy of Korea in 2012.

Hybrid dehumidifier from the company is a combination of mechanical and desiccant dehumidification. The reactivation heat source built into the unit reuses the wasted heat, which reduces energy consumption by more than 40%. In addition, it has doubled the capacity of dehumidification compared to existing humidifiers.

And its twin rotor dehumidifier is a three-stage system, equipped with both one cooling dehumidification and two desiccant rotors. The system applies reactivation of waste heat of the second desiccant rotor, sourced from reactivation heat of the first desiccant rotor. As a highly efficient dehumidifier, it also saves energy consumption compared to existing humidifiers. With excellence in quality and performance, the company contributes to energy efficiency and sustainability. Air Tech Engineering will continue to supply high-performance dehumidifiers at competitive prices.

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Gear hobs

[INQ. NO. 1512M03] Ever since its establishment in 1976, DTR has been a specialist in hobs and cutters. DTR puts it utmost efforts into continuously investing in research and development to meet the needs of its demanding customers.

https://korean-machinery.com///inquiryDTR is a leading company that produces automobile transmission gear hobs and cutters that are needed to produce the gears for all kinds of industrial machines. DTR aims to be a global company in the global hob markets with constant R&D. DTR is exporting its superior products to the United States, Europe, Japan, China, and some East Asian countries. DTR’s export grows larger every year partly attributable to the vigorous participation in trade shows worldwide.

Gear-hobsIn 2006, DTR was appointed INNO BIZ while being officially recognized as a technology innovation company. As part of efforts to elevate its global presence, in 2008, DTR established a branch office in Chicago, United States, which meant it laid the framework for building an environment where it can more systematically increase the opportunities for business on the continent. And the year was also highly meaningful year in its history – it changed the company name from the existing Dragon Precision Tools Co., Ltd. into the current name.

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Oilless bearings and die and mold components

[INQ. NO. 1512M02]Water-lubricated bearings are assuming increasing importance in the marine and pump industries because of the need to eliminate the pollution caused by oil and grease lubricated metal bearings and the desire to increase efficiency and reliability.

https://korean-machinery.com///inquiryThey alleviate the fear of pollution due to leaking seals and require no seals, and no oil or grease for lubrication, making these bearings environmentally friendly. Rubber bearings are one of the most popular water lubricated bearings widely used in industry. The rubber bearings can be found in many applications, including stern tube bearings on ships, submarines and small craft, hydroelectric power plants and pumps.

An oilless bearing is a self-lubricating bearing containing solid or liquid lubricants in its material. it is solid lubricant bearing without applying oil in 21C environmental society. Since 1978, LuBo Industries has devoted itself for manufacturing and supplying oilless bearings and die and mold components.

Oilless-bearings-and-die-and-mold-componentsNo oil or grease is required. The self-lubricating features allow bearings to be used where oiling is difficult, expensive to implement and where grease/oil cannot be used. Excellent lubrication is achieved even under high loads at low speeds. Excellent wear resistance is achieved even under severe operating conditions, such as in heavy loads, low velocity, oscillating, and intermittent motions where formation of oil film can be difficult. LuBo Industries overseas network of offices includes China and Thailand, while the domestic network covers Changwon, Daegu and Ulsan.

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Color printed iron panels

[INQ. NO. 1512M01]DK Dongshin is a specialty manufacturer of high-end color printed iron panels, laminated panels and electric galvanized iron (EGI). All of such products are free from harmful heavy metal and poisonous ingredients while basically being environmentally friendly. Recently, its iron panels are widely used for apartment doors, ships and elevators. With classification certifications from the U.S., the UK, France and Norway, they are favorably received by customers in more than 40 countries.

https://korean-machinery.com///inquiryDK Dongshin’s color printed iron panels have gained high marks both at home and abroad due to their unique design and various touches. Color printed iron panels from the firm allow the user to enjoy colorful designs like flowers, trees and marbles as well as various feelings of touch (metal, hairline and galaxy).

Color-printed-iron-panelsDue to their outstanding decorative effects, they have attracted great demand from the fields of electric home appliances (casings for refrigerators, washing machines and air conditioners) and building materials (interior/exterior decoration).Keeping its brand popularity in regions of Asia, Europe, and South America, DK Dongshin is further casting itself in the Middle East region to more accurately reflect its real reputation on a more global basis.

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S. Korean companies are energetically seeking ways to overcome challenges of the global market

1According to the data released by the Korea Customs Service (KCS), the country’s trade surplus reached $6.65 billion last month, signifi cantly down from the $8.89 billion reported for September. However, the nation posted a trade surplus for the 45th month in a row in October as imports dropped at a faster pace than exports.
Korea’s trade growth was being hurt by the sluggish demand in China, where there is a policy of supporting domestic industry and demand to sustain the world’s secondlargest
economy amid moderate growth in exports. The Korea Economic Research Institute (KERI) recently announced that Korea’s trade surplus with China fell by 13 percent to $35.3 billion in the fi rst nine months this year from $40.4 billion the same period a year ago. This year-on-year fall is steeper than the full-year 12-percent decline from $62.8 billion in 2013 to $55.2 billion in 2014.
The nation’s export companies are seeking ways to embrace these challenging conditions in the China market, mainly by obtaining comparative superiority over China’s competitors per industry. The eight companies to be introduced through this year’s 12th edition of Korea Buyers Guide are of some of those facing such tough market conditions both in China and globally, but they are representative of a circle of Korean industry succeeding in overcoming such challenges.

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Central Asian Market, High Entry Barriers but Blue Ocean with Many Opportunities

KITA and the Ministry of Trade, Industry and Energy jointly recently held the “Public-Private Central Economic Cooperation Commission”.

After the summit diplomacy in June, last year, the cooperative mood has been developed between Korea and the Central Asia and the Public-Private Central Economic Cooperation Commission was established in September, last year. In the Commission, KITA is in charge of two countries, Turkmenistan and Azerbaijan, the Korea Chamber of Commerce and Industry works with Uzbekistan, Kyrgyzstan and Tajikistan, and the Federation of Korean Industries takes care of Kazakhstan. KITA takes on the secretariat of the commission and has supported the operation of task force for each country as well as advisory committ ee for each area.

Seventy people, including Vice-Minister Moon Jae-do of MOTIE and Vice Chairman Kim Jung-kwan of KITA, the members of Economic Commission from fi ve countries and offi cials from the companies who have entered into Central Asian countries, participated in the event. During the meeting, presentations on ▲the achievements of economic cooperation with Central Asian countries and how to run the Economic Cooperation Commission in the future (by KITA) ▲ success stories of business expansion into Central Asian countries (by GS E&C, HS International and Sigong Tech) and ▲ the economic cooperation strategies with Central Asian countries and entry measures were delivered followed by expert discussions. Through the presentation on the achievements of economic cooperation with Central Asian countries and how to run the Economic Cooperation Commission in the future, KITA shared the outcomes of entry into Central Asian countries such as dispatching public private joint delegation, holding intergovernmental joint committ ee, supporting activities to receive orders, etc.

As success stories, GS E&S shared the UGCC gas project, which the company received the order in 2012, and MTO project that the company signed the MOU when President Islam Karimov of Uzbekistan visited Korea in May, this year. HS International shared its experience how they overcame the weakness as an SME by identifying the characteristics of Central Asian region and taking advantage of them. Sigong Tech introduced its success story of receiving the national museum construction order from Kazakhstan by tackling the niche market.

Professor Yoon Sung-hak at Korea University suggested public-private joint projects by taking advantage of the current status of Central Asia and international relations, joint entry with China and Russia and PPP strategy as entry measures into Central Asia during his speech on the economic cooperation strategies with Central Asian countries and entry measures. Professor Park Sang-nam at Hanshin University, PhD. Na Hee-seung at the Korea Railroad Research Institute, Ph.D. Je Sung-hoon at the Korea Institute for International Economic Policy and Ph.D. Oh Young-il at POSCO Research Institute took part in the expert discussion session and discussed the expansion of economic cooperation with Central Asian countries and development of entry foundation as well as the private and public collaboration measures.

Vice-Chairman of Kim Jung-kwan of KITA stated in his opening speech “Central Asia has high entry barriers with immigration visa issue, limited information about the countries, payment problem, etc. However, it can be a blue ocean in which the competition with the third countries is not severe.” He also mentioned “KITA will actively carry out supports, such as resolving diffi culties for Korean businesses, implementing B2B consultation sessions and providing market information based on the discussion results from the Central Economic Cooperation Commission for Korean companies to make inroads into Central Asian countries.”

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Decreasing Share in China’s Domestic Market, Red Light on Export Competitiveness

China’s importing structure is moving towards domestic consumption from processing trade. However, it appears that Korea’s competitiveness is weakening as its market share in China’s domestic market for manufactured goods declined last year. The Institute for International Trade (President, Kim Geuk-soo, htt p://iit.kita.net) of Korea International Trade Association issued a report titled “An Analysis on China’s Import Market of Manufactured Goods.” According to the report, China’s imports of manufactured products from Korea increased by 3.9 percent but the imports for domestic consumption accounted for only 1.6 percent. In addition, Korea’s share in the market dropped to 10.6 percent last year from 11.0 percent. By country, market shares of Korea (-0.4%p) and Japan (-0.6%p) declined while Taiwan (0.7%p), Germany (0.8%p) and Britain (0.3%p) did well in China’s domestic market expanding their shares.

Korea, China’s third largest importing partner of manufactured goods for domestic consumption, has lost ground in Shanghai (4th → 6th), Zhejiang Province (2nd → 3rd) and Fujian Province (4th → 6th) in terms of export ranking. Korean exporters also saw their ranking slide below top-ten in fi ve provinces out of twelve inland provinces in the Middle and Northwestern regions indicating that their exports to those areas are still behind. In addition, Korea’s market share fell in the cities such as Kunshan (Jiangsu Province), Weifang (Shandong Province) and Shenzhen (Guangdong Province) in which the imports have been dramatically increased. Also, Korean exporters’ shares in consumer goods markets in Hangzhou (Zhejiang Province), Wuhan (Hubei Province) and Shenyang (Liaoning Province) dropped and it is required for Korean companies to make active eff orts to promote exports to those regions. However, since the portion of Chinese private companies’ imports from Korea is bigger than other major countries while the imports of foreign investment companies are insignifi cant, the business network between the private companies in the two countries and the foundation for Korean companies to make inroads into China are good. Furthermore, the report states that Korea has made positive achievement in consumer goods market in China as China’s imports of consumer products (except for cars) for domestic consumption rose by 10.3 percent and Korea’s market share increased from 6.6 percent to 6.7 percent last year.

By item, it is expected that Korea’s exports will continue to expand in the markets that Korea has secured its competitiveness such as car parts, memory chips, camera modules, lithium-ion batt eries, metal machine tools, plastics, high-speed steel zinc, etc. as China’s imports of those products for domestic consumption are signifi cantly increasing. Moreover, China’s imports of consumer goods, including juicer, non-alcoholic beverages, diapers, air purifi ers and refrigerators are dramatically growing and Korea’s shares in these markets are high. Therefore, Korea will be able to expand its exports to those markets in China.

Jang Sang-shik, senior research fellow at KITA said “China’s imports of manufactured goods for domestic consumption continues to grow. In order for Korean companies to tackle the decrease in exports, they need to aggressively focus on China’s domestic market.” He also stressed “It is necessary for Korean exporters to enhance competitiveness of intermediate goods and capital goods as Korea is losing its market share in those areas, bridge the market share gap between Korea and the advanced countries in the high income cities such as Shanghai and actively make inroads into the consumption hub in the Midwest region.”

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