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Korea Industrial Technology Association

November 19, 2014 by digitalbuyersguide Leave a Comment

Korea Industrial Technology Association

The Korea Industrial Technology Association (KOITA), founded in 1979 to strengthen the innovation capabilities of Korean companies, is the nation’s preeminent institution contributing to the advancement of industrial research and development.

KOITA has been leading the formation of the country’s technological innovation climate by supporting the establishment and operation of corporate R&D centers, developing industrial technology support policies and introducing and spreading advanced technology management since its establishment.

To further encourage industry circles’ drive for technological advancement, KOITA has introduced the “IR52 Jang Young-Shil Award”, “Engineers of the Month Award” and the “New Exellent Technology Certification.”

* IR52 Jang Young-Shil Award – KOITA awards and promotes products developed by Korean companies using outstanding new technology every week to introduce the excellence of Korean technology and encourage researchers. The award is given jointly by KOITA and Maeil Economic Daily (introduced in 1991).

** New Excellent Technology (NET) Certification – KOITA discovers new domestically developed technologies in the early stages and supports their early advancement into the market by certifying their excellence in promoting commercialization and technology trade, and enhancing the reliability of new technology products (introduced in 1993).

Through such efforts, the number of corporate R&D centers has exceeded 30,000 in the past 35 years and the R&D expenditure made by industry account for more than 70% of the overall national R&D expenditure, and both achievements have placed KOITA at the center of national technological innovation.

Major Activities

I. Improving Industrial Technology Policies and Systems
Identifies the demand for technological innovation in industrial technology circles and offers alternatives for improving industrial technology policies and technological innovation support programs

II. Building Technological Innovation Network
Operates a variety of group gatherings to support exchanges among companies and to collect broad opinions from every level of the industry.

III. Supporting Industry-Academia-Research Institute Cooperation
Contributes to strengthening national technological competitiveness by supporting companies, universities and government-funded research institutes to actively exchange and cooperate among themselves.

IV. Supporting Personnel Education/Training for Technological Innovation
Implements education and training programs to enhance the capabilities of industrial researchers as well as research and planning managers and supports the employment of researchers to foster the technological innovation of companies.

V. Supporting Technology Commercialization and Formation of Technological Innovation Climate
Supports the commercialization of new technologies through the New Excellent Technology Certification program and various award programs, undertaking the leading role in building the foundation for boosting the morale of researchers and fostering innovation in industrial technology.

VI. Performing Survey Research and Information Provision
Conducts survey research to understand the trends of R&D activities in industries and provides the latest information related to technology management and industrial technology development.

▶Dissolved oxygen supply system
▶Automotive brake components
▶Experimental equipment
▶All-in one inverter type screw compressor
▶High-performance butterfly valve
▶Pressure vacuum relief valve

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: KOITA, Korea Industrial Technology Association

AAPEX 2014

October 27, 2014 by digitalbuyersguide Leave a Comment

AAPEX 2014 will ensure a highly productive business venue for Korean auto part makers

Korea’s vehicle production in August fell by 20.6% over the same month in 2013 to 272,744 units. For the first eight months, production rose by 2.1% over a year earlier to 3,024,538units.

In spite of recovering consumer confidence, domestic sales in August declined by 4.0% year-on-year to 106,645units, due to fewer working days. Cumulative domestic sales in the January- August period climbed by 3.6% to 947,559 units. Exports in August fell by 18.8% over the same month last year to 182,795 units. The cumulative exports in the first eight months of the year grew by 0.1% compared with the same period last year to 2,046,811units.

Through participation in the fair, Korean makers will monitor the current real responses in the global market following this year’s series of consistent actions in some global top-profile exhibitions including MIMS 2014. The continuously growing preference for auto part products from Korea from buyers in the region proves reliability on product quality accumulated over a considerable period.

The quality of Korean products increased enough to substitute other top-quality brands from Germany and Japan, indicating that the nation’s items are growing their own wings in the global market, coupled by the help received from the effects of the Korea-U.S. FTA. For the forthcoming fair, some numbers of Korean makers – specialized in such specific areas of wiper blades, voltage regulators, sintering parts, and various kinds of spare parts are making a positive impression in global industry circles and will present numerous strengths those solutions offer.

▶Automotive sintering parts
▶Windshield wiper blade
▶Auto filters
▶Automotive gas springs
▶Voltage regulator for automotive alternator

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: AAPEX 2014, Korea’s vehicle production, MIMS 2014

Korean makers’ expectation towards global potential markets

September 19, 2014 by digitalbuyersguide Leave a Comment

Korean makers’ expectation towards global potential markets to continue riding on the recovery mode on demand from global regional markets

Korea’s vehicle production in July climbed by 22.4% compared with the same month last year to 409,283 units. In spite of reduced consumer confidence and growing demand for imported cars, domestic sales in July rose by 1.9% over a year earlier, due to the recently introduced models such as the redesigned Carnival minivan and the diesel-powered version of the sedans Grandeur and SM5.

Exports in July increased by 16.0% compared with the same month last year to 266,741 units, due to the expansion of supply partly with the effects of tariff lowering on Korean cars exported to the EU through the Korea-EU FTA.

Korean car component makers are hoping anticipated special orders from the United States will enter a cycle of recovery seen early this year in earnest. In fact, America’s three top car makers – GM, Ford, and Chrysler – already officially expressed their intention to expand the import of the automotive parts made by Korean companies. Korean makers’ advances into the giant market are thus expected to be active.

The growing popularity of Korean makers-made automotive parts is based on the enhanced quality of those enough to substitute the global high quality products, even also those from Germany, Japan. And the possibility of cost savings by the tariff-cuts benefits by the Korea-U.S. FTA backs up such anticipation.

A spokesperson for Korea’s automotive part industry recently said “Recently the exports of Korean-made products to the United States market is growing riding on the activation of the automotive market by the recovery mode of the economy. Especially as Korean products are high quality when compared to prices, inquiries regarding Korean items are more intensive than those by other foreign makers.”

Korean automakers’ recent active moves to advance into overseas markets are gaining attention. Representatively, Hyundai Motor will be building car production plants in Chongqing in central China and Cangzhou city in Hebei province near Beijing. The automaker’s annual output in China is expected to jump to 1.65 million units from 1.05 million and it would thus be able to more swiftly respond to the regional demand.

▶Disc brake caliper
▶Automotive gas spring
▶Cold-drawn steel tube
▶Carbon Canisters
▶Cooling System
▶Automotive heat exchangers, compressor parts

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: global potential markets, Korea’s vehicle production, Korean car component makers, Korean makers

MIMS2014

August 18, 2014 by digitalbuyersguide Leave a Comment

MIMS2014 to play an invaluable role in supporting the revitalization of the Korean auto industry

A recent Korean automotive industry survey shows continued sluggish trends in terms of production, exports and imports. S. Korea’s vehicle production in June decreased by 4.5% over a year earlier to 380,456 units due to a reduction of exports, in spite of domestic sales increases. Meanwhile, production in the first half of the year was up 2.6% to 2,342,578 units. Domestic sales in June grew by 6.8% year-onyear due to the introduction of new models including a diesel sedan, and sustained high demand for SUVs.

Exports in the same month dropped by 8.2% to 254,675 units compared with the same month of last year, affected by the strong Korean Won and Chevrolet’s withdrawal plans from the EU market, with depressed markets in some countries in Eastern Europe and Latin America. Exports in the first six months of the year are increased by 0.4% to 1,596,198 units.

Korea’s auto makers and automotive part makers are scheduled to promote their eye-catching items in Moscow through exhibiting at the upcoming MIMS2014, which is to be held from August 26 to 28 in Moscow’s Expocentre, featuring a wider range of spare parts, components, and equipment for vehicle servicing.

Powered by Automechanika, this year’s MIMS is expected to provide a top quality meeting place and gateway to the Russian automotive market, especially for Korean companies seeking to find innovative ways to overcome the continued challenges from the global market. Korean companies are expected to locate themselves as impressive exhibitors and more, along with international companies from Germany, Italy, Spain, France, Serbia, Slovenia, Turkey, Belarus, South Korea, China, and Taiwan.

Equipped with advanced technology in high demand for globally hot solutions, some 30 domestic makers in the field are expected to join the Expo, and their competitive products, ranging from automotive parts and accessories to car maintenance equipment, and others, will be staged at the Korea Pavilion to be run by the Korea Trade-Investment Promotion Agency (KOTRA) and they are expected to attract keen attention from the anticipated 50,000 buyers attending the show from all over the world.

▶Flex pipes (bellows)
▶Brake pads
▶Steering & suspension parts
▶Car alarm system
▶Windshield wiper blade
▶Alternator regulators
▶Network test equipment

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: KOTRA, MIMS2014, Russian automotive market, The Korea Trade-Investment Promotion Agency

Korea’s SMBA policy

July 11, 2014 by digitalbuyersguide Leave a Comment

Supported by Korea’s SMBA policy, SMEs boost national economic growth

South Korea has succeeded in accomplishing US$1 trillion in trade volume in 2013 for the third consecutive year while retaining the world’s eighth-largest trade giant status in the global market.

There are a great number of South Korean enterprises behind such an amazing historical achievement. Among numerous contributors, the contributions of small and medium-sized enterprises – three million SMEs in Korea, which have played pivotal roles in the national economy, accounting for 99.9% of all enterprises, 87.7% of all employees (10.8 million employees), and 47.6% of production -deserve special mention, in spite of their comparatively low ratio of the overall economy compared to large conglomerates like Samsung Electronics, Hyundai Motor, etc.

With their independent consistent utmost efforts for expanding their presence in the global market and favorable export conditions created mainly by FTAs signed by Korea with other countries, Korean SMEs have seen slightly expanded volume of exports to foreign markets amid the global slowdown in consumption – especially in the area of automotive parts.

South Korean SMEs have played an important role in boosting the nation’s economic performance through directly exporting their flagship export items to global markets and helping exports of finished goods of the larger-sized Korean enterprises by supplying parts products to them.

There has been remarkable government-level policy behind SMEs’ contribution to the nation’s economic progress. The Small and Medium Business Administration (SMBA) has been implementing policies that are aimed to help strengthen the export capacity of South Korean SMEs.

This policy is focused on boosting the gradual increase of SMEs’ export volume by supplying various kinds of specific services promoting exports of SMEs including education, design, global market information supply, marketing, market research, strategy consulting, global brand development, etc.

Under this support policy, last year, more than 1,600 Korean SMEs could enjoy direct and indirect benefits by expanding their presence in global markets through being intensively, frequently, effectively, and strategically exposed to global business partners by supported export boosting services.

▶Challenging international aerial working platform and crane market
▶Offering a broad spectrum of solutions for industrial gas systems
▶Aiming to become a top-notch auto parts supplier for Korean-made cars on its rebuilt alternators.
▶Environment-friendly industrial cleaner and glass etchant to capture global markets
▶Innovative air compression systems capture global attention
▶Competitive connectors satisfying various requirements of the overseas highfrequency telecom equipment field
▶High-end hydraulic components gaining global recognition
▶Cutting-edge textile machinery technologies to catch global attention
▶Top-notch water pumps and oil pumps satisfying needs of demanding buyers

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: Korean SMEs, SMBA

BIMOS 2014

May 30, 2014 by digitalbuyersguide 22 Comments

BIMOS 2014 to Create Bigger Business Opportunity than Ex-version with Ever Largest Size

Korea’s recent vehicle production (in March) increased by 16.4% over a year earlier to 425,510 units, thanks to the increase in both domestic sales and exports.

Domestic sales in March grew by 2.9% year-on-year to 122,497 units, for three consecutive months of growth, thanks to economic recovery, newly released models and increased demands for RVs. Home sales in the first quarter rose by 4.3% to 337,587 units.

In spite of the economic uncertainty for emerging markets caused by the U.S. tapering of quantitative easing, exports in March increased by 9.9% year-on-year at 286,754 units, the second consecutive monthly gain, owing to the economic recovery of the major markets such as North America, West Europe and China, coupled with the increased supply volume by major automakers and newly
launched RV models.

While taking advantage of this positive environment, the Korean automotive industry seeks to achieve even bigger performance through the upcoming Busan International Motor Show (BIMOS) 2014. The show approaches with the ever-largest size and a whopping 10-day period from May 30 (Fri) through 8 (Sun).

With a theme of “Ocean of vehicles, feeding the world”, this year’s BIMOS is preparing to exhibit more diversified models of passenger cars, commercial vehicles, specially equipped vehicles, motorcycles, and automobile parts. With 54% larger size than 2012, the show will showcase more than two hundreds of new models with Hyundai’s world-first showcasing of three new models, Asia’s first launch of three new models by Kia, Nissan, Maserati, and 20 first debut models in the Korean market.

As for local car makers, six brands including four passenger car models (Hyundai, Kia, GM Korea, etc.), two commercial brands are scheduled to be displayed. And 15 foreign brands from 11 companies such as Audi, Cadillac, Ford, VMW, Infiniti, Jaguar, Land Rover, Lexus, Lincoln, Maserati, Mercedes-Benz, Mini, Nissan, Toyota, and Volkswagen. For the show, two-wheeled vehicle, motorcycle, automotive supplies are to be impressively staged to capture the keen attention of visitors.

▶Automotive Ladder Frame
▶Car Infortainment
▶4 wheeled electric motorcycle
▶Automotive Components
▶On-Line Electric Vehicle(OLEV)
▶High Speed Electric Vehicle

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: BIMOS 2014, Ocean of vehicles feeding the world

SMBA’s Policy

May 23, 2014 by digitalbuyersguide 12 Comments

SMBA’s Policy to Help Strengthen of S. Korean SMEs’ Export Capacity in Global Market Comes out with Specific Outcomes

South Korea has succeeded in accomplishing US$1trillion in trade volume in 2013 for the third consecutive year while retaining the world’s eighthlargest trade giant status in the global market. There are a great number of South Korean enterprises behind such an amazing historical achievement.

Among numerous contributors, small- and mediumsized enterprises’- which have been played pivotal roles in the national economy accounting for 99.9% of all enterprises (3 million SMEs), 87.7% of all employees (10.8 million employees), and 47.6% of production – contributions for the outcome deserve to be especially esteemed in spite of their comparatively low ratio of entire performance compared to many conglomerates including Samsung Electronics, Hyundai Motor, etc.

With their independent consistent utmost efforts for expanding their presence in the global market and favorable export conditions mainly by FTAs made with South Korea, Korean SMEs witnessed slightly expanded volume of export to foreign markets amid global recession in consumption – especially in the area of automotive parts.

South Korean SMEs has played their important role for the performance through directly exporting their flagship export items to global market and helping export of the finished goods of the larger-sized Korean enterprises by supplying parts products to them.

There was remarkable government-level policy behind SMEs’apparent contribution to the nation’s such stride. The Small and Medium Business Administration (SMBA) executed a policy that is designed with an aim to help strengthen the export capacity of South Korean SMEs.

This policy is focused on boosting the gradual increase of SMBs’ export volume by supplying various kinds of specific services promoting exports of SMEs including education, design, global market information supply, marketing, market research, strategy consulting, global brand development, etc.

Under this support policy, last year, more than 1,600 Korean SMEs could enjoy direct and indirect effect in expanding their presence in global markets through being intensively, frequently, effectively, and strategically exposed to global business partners by supported exportboosting services.

For contributing to the further increase of the global presence of those selected items in 2014 again, Korea Buyers Guide covers 20 companies’products based upon their comparatively superior quality among more than 1,600 companies’ items.

▶For Your Die-Casting Needs
▶Goose Neck & Melting Pot Expert
▶Creating New Value for Rubber
▶Door Closer
▶Automatic Heat Transfer System
▶Promise Water Pressure Safety
▶Leading Gas Storage Maker
▶Unfailing Wires &Cables
▶Quality Auto Parts
▶Agricultural Breakthrough: Shin-Nong
▶Evolution of the Steam Boiler
▶For Your Working Safety
▶Korea’s Best Stainless Coil Maker
▶Automotive Intelligence
▶Transport and Auto-Manufacturing Expert
▶Door Lock, as Part of Architecture

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: Korean SMEs’ Export Capacity, SMBA’s Policy

Korea’s Packaging Machinery & Materials Companies Seek to Tap Into Global Markets via Korea Pack 2014

May 14, 2014 by digitalbuyersguide Leave a Comment

Korea’s packaging industry, the fastest rate of growth!!

The rate of growth of packaging industry in Korea is growing up. The Korean packaging industry’s sales in 2011 figures about USD 30 billion and 17 million according to MOTIE(Ministry of Trade, Industry & Energy) and KITECH(Korea Institute of Industrial Technology). Its scale is 6.8% increased than 2010. The sales of global packaging market figures about USD 67 billion. It will reach USD 82 billion by 2016 with 3% growth. Compare to this, the Korean packaging market’s growth rate is twice faster than other countries’.

Korea Packaging Industry is growing steadily across the stable demand of primary & secondary industries. According to the survey data of National Statistical office, packaging industry’s sales accounted for 2% of the total manufacturing’. It is less than Software, but larger than Bio or Robot industry. Of the field of packaging, plastic sector accounted for 51.9%(USD 15 billion and 30 million) of total sales.

The scale is expanded to 900 companies, 3,000 booths by unifying Seoul Pack.

Korea Pack 2014 is taking place from 10(Tue.) to 13(Fri.) June 2014 at Kintex, Korea with the largest scale in Asia, propelled by this growth. Korea Pack 2014, celebrating 19th anniversary this year, is the representing packaging exhibition in Korea focus on packaging machinery, packaging parts & automation parts, package printing machines, packaging inspection equipment, packaging processing equipment, packaging materials & containers, food processing machinery, package design, services and logistic system & equipment for manufacturing process of food, pharmaceutical and cosmetic industries.

Especially, Korea Pack 2014 unifies the Seoul Pack which is packaging machinery trade show organized by KPMA (Korea Packaging Machinery Association). Therefore, the scale of this exhibition is expected to increase over 30% than last show.

“It is expected that a variety of companies in Korea who export their products around the world participate in Korea Pack 2014 with the latest packaging machineries& system” Mr. Lee Jong Woo, the presidentof KPMA said.

Various events which are related with packaging industry are taking place concurrently!

5 associated events will be held during Korea Pack 2014 exhibition. Through the concurrent events, the visitors can show the manufacturing technology of packaging process from A to Z and plant process technology. The concurrent events are as followings; The 4th Materials Handling & Logistics Exhibition(Korea Mat 2014), The 6th Chemical Plant Equipment & Processing Exhibition (Korea Chem 2014), The 9th Cosmetic . Pharmaceutical Machinery & Equipment Exhibition(Cophex 2014), The 4th Pharmaceutical Ingredient Exhibition(Korea Pharm 2014) and The 6th Laboratory & Analytical Equipment Exhibition (Korea Lab 2014).

▶Metal detector
▶Rotary Fill Seal Packaging Machine
▶Paper Cup Forming Machinery
▶Rotary Electro-Weighting Filler
▶Linear Roll Fed Labeler
▶Blister Packaging Machinery
▶Automatic Binding Machine
▶Induction Heat Seal Liner
▶Four-gripper Packaging Machine
▶Case Erectors
▶Punching Machine
▶Vertical-Type Band Sealer
▶High-Speed Paper Cup Forming Machine
▶Punching Machine for Sidewall Blanks
▶Roll Tape Cutter
▶Auto Labeller
▶Auto Pack M/C
▶X-ray Inspection System

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: Global Markets via Korea Pack 2014

SMBA’s Policy to Help Strengthen of S. Korean SMEs’ Export Capacity in Global Market Comes out with Specific Outcomes

March 28, 2014 by digitalbuyersguide Leave a Comment

For contributing to the further increase of the global presence of those selected items in 2014 again, Korea Buyers Guide covers 20 companies’products based upon their comparatively superior quality among more than 1,600 companies’ items.

▶New Materials, New World of Technology
▶Kyungin Diamond’s Electro-plated Diamond Tools : Better Grinding Performance
▶Pipe Threading Portability
▶Fast and Easy piping Solution
▶Korea’s Leading Wheel Maker
▶Your Global Partner for Auto Parts
▶Rock Solid Rock-Drilling Tools
▶Ready for Disasters with Baeksong’s Flexible Joints
▶Eco-friendly High Place Agricultural Operator
▶Reliable Hydraulic Components
▶Innovative Vacuum Systems
▶Your Smartest Metal Processing Partner :IPEC
▶Auto Welding Specialist :AUTOWEL
▶Multi-step Sludge Drying Unit
▶Producing Quality Quartz Crucibles with Consistency
▶Multi Purpose Agricultural Spreader
▶Automotive Intelligence : PLK Technologies
▶Ergonomic Electric Pruner
▶Organic fertilizers for your eco-friendly soil

korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Main Issues Tagged With: SMBA

Korea’s Packaging Machinery & Materials Companies Penetrate into the Industrial Center of the EU

March 26, 2014 by digitalbuyersguide Leave a Comment

For the forthcoming Interpack 2014, Korea’s packaging machinery & materials companies are moving to advance into the German market, the industrial heartland of the EU, with an aim of recording their most extensive promotion and marketing.

As the world’s largest exhibition in the field, Interpack is held every three years with full spectrum of newly created packaging-related solutions that are enough to become an effective lever for participating companies to seeking newer solutions that could be their sustainable growth engines in the global market.

Targeting the approaching the show, approximately 200,000 buyers who are related in such basic packagingrelated industries as food, confectionary, pharmaceuticals, cosmetics, chemicals & resin, pesticide & fertilizer industry are expected to make big steps in three years and thus possibly making their each great business performance.

Thirty-five Korean packaging machinery and materials companies, which consist of 14 companies organized and supported by the Korea Packing Machinery Association (KPMA) and 21 independently participating companies, completed preparations to set records by aggressively presenting various leading technologies and solutions and offering practical business outcomes including business contracts on the spot.

More than 2,500 exhibitors are scheduled to participate in the fair, and of those over 65% come from overseas nations. That means the fair could provide rich opportunities for visiting potential buyers to fully consider which solution is best for their respective businesses. The provision of a scheduled information service regarding the global current market status and technology innovation of the industry is sure to be a highly effective guide for all visitors. In this context, Korean visitors also could target business success to the fullest.

The scope of the packaging machinery and materials of the Korean companies scheduled to show off include packaging automation systems, filling/sealing/weighting machinery, printing machinery, printing machinery, food processing & packaging machinery, pharmaceuticals processing & packaging machinery, shrink packaging machinery, material handling, quality control and testing systems, paper & plastics containers, and packaging related devices.

▶Metal detector
▶Rotary Fill Seal Packaging Machine
▶ Paper Cup Forming Machinery
▶Rotary Electro-Weighting Filler
▶Linear Roll Fed Labeler
▶Blister Packaging Machinery
▶Automatic Binding Machine
▶Induction Heat Seal Liner
▶Four-gripper Packaging Machine
▶Case Erectors
▶Punching Machine
▶Vertical-Type Band Sealer
▶High-Speed Paper Cup Forming Machine
▶Punching Machine for Sidewall Blanks

korean-electronics.com | Blog Magazine of korean electronics, brands and Goods

Filed Under: Main Issues Tagged With: EU, Korea’s Packaging Machinery

Korea Industrial Technology Association

AAPEX 2014

Korean makers’ expectation towards global potential markets

MIMS2014

Korea’s SMBA policy

BIMOS 2014

SMBA’s Policy

Korea’s Packaging Machinery & Materials Companies Seek to Tap Into Global Markets via Korea Pack 2014

SMBA’s Policy to Help Strengthen of S. Korean SMEs’ Export Capacity in Global Market Comes out with Specific Outcomes

Korea’s Packaging Machinery & Materials Companies Penetrate into the Industrial Center of the EU

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