EXCO, Korea’s Top Destination for Exhibitions, Conventions and Meetings

https://korean-machinery.com///inquiryEXCO was first opened as a regional convention center in 2001 and has been faithful to its role and function as a local landmark while devoting itself to its original task of promoting business opportunities for local SMEs and local culture.
Over the past years, not only has the number of events and visitors increased dramatically, but also the construction of the second exhibition hall was confirmed in the last year in order to meet the growing demand for exhibitions. This has marked a milestone in its advancement as an exhibition center. By December 2020, EXCO will offer exhibition space of 30,000m2 on the first floor to satisfy the requirements of the Ministry of Trade, Industry, and Energy for a global top exhibition center. Therefore, EXCO is anticipated to be able to create synergy effects from the enlargement and transform into an international exhibition center.

 

Actively Nurturing Future Growth Engine Industries – Future Automobile, Water, Medical, Robot, IoT, etc.

In addition to upgrading the existing core industries such as textiles and machinery, EXCO is also focusing on laying the groundwork for the expansion of the exhibition center to keep pace with changes in the industrial structure of Daegu City that seeks to become a city to lead the 4th Industrial Revolution. Such efforts include planning new exhibitions on the future growth engine industries such as future automobile, water, medical, robot, and Internet of Things (IoT), and expanding the pre-existing exhibitions in terms of both quantity and quality.
Having been recognized for successfully planning and organizing the exhibitions and conferences exclusively for the Daegu and Gyeongbuk industries, EXCO plans to keep up this trend in 2018.
As a starter, it will categorize exhibitions into: Business Events – Green Energy Expo, ICT Convergence Expo Korea, Fire & Safety EXPO KOREA, Daegu International Future Auto Expo, Daegu Automatic Machinery Expo; Public Events – Daegu Flower Show, Daegu Baby&Kids Fair, Daegu Pet Show, Daegu Urban Agriculture EXPO, Daegu Christmas Fair; Exhibitions Focused on Internationalization – Daegu International Beauty Expo, K-Food Expo, Medi Expo, etc., which are preparing to advance overseas step by step. The company devotes itself to exploring customized development strategies for each event and raising satisfaction of the participants through globalization of the fair and active buyer development.

 

 

Aiming at killing two birds with one stone – profitability and publicity – through globalization and community cooperation

The 1st Daegu International Future Auto Expo (DIFA) and the 1st Daegu Christmas Fair held last year were well received by domestic exhibition experts and EXCO was recognized for its ability to plan and hold new exhibitions. In particular, DIFA has established itself as a small but strong motor show at home and abroad, pioneering forays into niche markets differentiated from the existing motor shows.
In addition, EXCO is also making efforts to hold large-scale international conferences that have been providing the impetus for the development of new exhibitions through strengthened cooperation with the Daegu Convention Bureau. EXCO also intends to promote international conferences related with local and future growth engine industries based on the experience from organizing three energy-related international events including the World Energy Congress Daegu (WEC Daegu 2013), 7th World Water Forum, and 2021 World Gas Conference.
EXCO’s CEO Sang-Wook Kim explained, “EXCO is aiming for the qualitative growth of business in the aspect of being a partner for development of local SMEs. Exhibitors and visitors participating in the event play a major role by revitalizing the local economy through customer satisfaction. We will continue to position ourselves as the best international exhibition and convention center in Korea by taking this year as the foundation of EXCO’s second leap forward.”

 

Major Exhibitions in 2018

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BEXCO, Aiming to Become a Global MICE Platform in 2018

https://korean-machinery.com///inquiryBEXCO (Busan Exhibition & Convention Center), as a landmark of Busan, an international maritime city and a hub of logistics in Northeast Asia, launched its successful history as a global-standard convention and exhibition center with the Busan International Motor Show in September 2001.

BEXCO features a large, pillar-free exhibition space that is fully flexible for any size of event, meeting rooms, outdoor exhibition space, modern facilities, convention halls and auditorium for large-scale international conferences and meetings.

With its innovative facilities, excellent accessibility, and superb customer service, BEXCO accommodates large-scale international exhibitions, including the biennially hosted Busan International Motor Show, Korea Railways and Logistics Fairs, Offshore Korea and Marine Week.

 

 

In addition, BEXCO has established itself as an exhibition convention center with unparalleled competitiveness in Northeast Asia by hosting international conferences and events, such as the 2002 Korea-Japan World Cup Final Draw Event, ICCA Annual Congress 2003, ITU Telecom Asia 2004, APEC 2005 Korea, ILO Asia and the Pacific Conference 2006, IFI Congress and World Interior Design Competition 2007, World Festival of Traditional Sports 2008, Third OECD Global Forum 2009, IPCC Congress 2010, Fourth High Level Forum on Aid Effectiveness 2011, 95th Lions Clubs Int’l Convention, IWA World Water Congress & Exhibition 2012, IUSSP International Population Conference 2013, The 10th General Assembly of the World Council of Churches 2013, 2014 ITU Plenipotentiary Conference, 2014 ASEAN-Republic of Korea Commemorative Summit, 2015 IDB-IIC Annual Conference, ITU Telecom World 2017 and more.

BEXCO is situated in the heart of Busan’s fastest-growing and most dynamic area. The Center features convenient amenities, beautiful scenery of nature and beaches of Haeundae and Gwanganri, 5-star-hotels and more accommodation to suit all budgets, shopping centers and other attractions for leisure and vacation.

Additionally, its state-of-the-art facilities enable BEXCO to host any kind of exhibition. The pillar-free exhibition space can withstand five tons of weight per 1m2 for heavy equipment. BEXCO also provides easy vehicle access for exhibits, booth construction and breakdown, a wide variety of choices for events with modern and advanced facilities including plumbing system, electricity supply, and communications system on-site. Each exhibition hall features a ceiling height of 12.5 – 22.5m, making it perfect for international largescale trade hall. The complete view of the exhibition hall from the organizer’s offices help the organizers remain in touch with the exhibition visitors and the exhibitors.

To meet the needs for bigger exhibition and meeting space, construction of the new exhibition halls and auditorium were completed in June 2012. BEXCO has expanded 20,000 square-meters of exhibition space and an auditorium that accommodates 4,000 people. With the new buildings, the Center will be able to host a wide variety of international events and provide the highest level of service, ensuring BEXCO remains a symbolic landmark of Busan’s and a global MICE platform.

 

Major Exhibitions in 2018

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SETEC Evolving into Seoul’s Cultural Hotspot Beyond Merely an Exhibition and Convention Venue

https://korean-machinery.com///inquirySETEC (Seoul Trade Exhibition & Convention) is a major convention center in Seoul, Korea, which has served as a premier business platform for new growth engine industries and settlement business of the Seoul Metropolitan Government by providing various opportunities for successful business.
Run by Seoul Business Agency (SBA), SETEC has grown as a specialized exhibition center with the aim of fostering Seoul’s strategic industries by hosting a wide range of related trades shows, expos, and events.
SETEC, located in Daechi-dong, Gangnam-gu, Seoul, consists of three exhibition halls with a total area of 7,948 square meters and subsidiary facilities such as organizers’ offices, waiting rooms for VIPs, support office, and press room.

 

 

With easy access to public transportation, SETEC is the ideal venue for hosting various kinds of events

With easy access to public transportation such as the subway and the benefit of an entire one-floor exhibition space, SETEC has a great reputation for hosting large-scale events smoothly.
With its three exhibition halls, SETEC ensures a variety of space uses, while the adjacent Yangjae Stream provides visitors to the exhibition with a new experience making it an environmentally-friendly exhibition center along with access to nature in the heart of the metropolitan area.

 

 

As a reliable partner for SMEs, SETEC provides various kinds of support for enterprises

SETEC hosts more than 80 expos and events in such diverse fields as architecture, baby goods, franchise and IT businesses, attracting 7,400 SMEs on average annually. SETEC is involved in not only helping SMEs (small and medium-sized enterprises) increase exports and find new overseas markets but also in providing marketing support.
The conference room that can accommodate 120 people is located on the second floor separately with three exhibition halls on the first floor so that it can be the perfect location for conducting related seminars concurrently during exhibitions.

 

SETEC wins first prize in recognition of its outstanding brand differentiation, quality, and loyalty

SETEC was awarded the first prize in the exhibition & convention section in the 13th Korea Prestige Brand Awards, held on March 23, 2017. This is another splendid achievement following its winning the first prize in the exhibition & convention section in the Korea Master Brand Awards four years in a row from 2013 to 2016. This has given SETEC another opportunity to be recognized as a flagship exhibition and convention center of Seoul.
SETEC also plans to briskly develop its own trade shows and offer further support for exhibitions of public benefit as a business partner of SMEs, with the goal of becoming a place for Seoul citizens to utilize at the same time.
SETEC has achieved a superior track record with the highest operating rate among the exhibition and convention centers in Korea by handling the organization systemically in terms of flexible manpower management and custom-tailored service since it was taken over by KOTRA in 2005.
For promoting exploration of new markets for SMEs and vitalization of the MICE industry, SETEC focuses on fostering new exhibitions in the higher value-added fields such as culture & arts, Hallyu (the Korean Wave) and beauty industries and offering differentiated services through specially planned exhibitions and joint organization of various exhibitions.
Moreover, it is working on promoting diverse exhibitions of public interest, serving as a venue for ordinary citizens to enjoy as well.

 

Major Exhibitions in 2018

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KINTEX, Global Top 20 Exhibition & Convention Center

https://korean-machinery.com///inquiryKINTEX has been increasing the number of events held, such as 265 exhibition hall events, 1,003 conference room meetings, and 130 shootings of TV CF and drama locations through the end of 2017, showing remarkable achievements every year. As a result, notwithstanding the exhibition and convention center of larger than 100,000m2, of which the scale is 15 soccer fields, the operation rate remarkably reached almost 60 percent as of last year. The area of KINTEX is three times as large as that of COEX in Samseong-dong, Seoul, and the annual use area converted into the rate of operation is 23 million m2, which is the biggest in Korea.
In May 2016, KINTEX successfully held the 2016 Rotary International Convention, which was the largest ever in the history of Rotary’s international conventions. It attracted ‘ASEAN POWER WEEK’ which had previously been held only in the ASEAN region, such as in Thailand, Malaysia etc., thereby letting the world know about KINTEX as a premier international convention and exhibition center. The 2016 SIMTOS, one of the world’s four major machine tool exhibitions and the largest exhibition in terms of single area, was visited by more than 600 actual buyers from various countries including India, Vietnam and Indonesia, where the demand for machine tools and the relevant products has increased significantly in recent years. In addition, as a culture complex, KINTEX holds various culture experience programs and concerts, such as the KINTEX Spoon Art Show, Korea Christmas Fair, etc.
Also, internally, the number of exhibitions conducted by KINTEX increased drastically from nine in 2014 to 21 in 2017. Typically, KINTEX participated in the Seoul Motor Show and Seoul Food, which are two of the five major exhibitions in Korea, as a joint organizer, thereby demonstrating and strengthening its exhibition capacity. KINTEX held ‘K-Beauty Expo Bangkok’ in Thailand in September last year, and held another ‘K-Beauty Expo’ in Vietnam last year, thereby helping Korean SMEs (Small and Medium-sized Enterprises) participating in the exhibitions to develop their overseas markets.
KINTEX continues its efforts to become one with the local community. Since 2015, KINTEX has been holding ‘The Super Mom Fair’ for helping career-interrupted women find new work, along with Ilsan Ajime, which is the biggest online community in the region of Goyang City. Last year it donated all of the profits to Goyang Youth Shelter, a social service institution in the region, and community service centers, thereby walking the path of coexistence with the community. KINTEX has been continuing a scholarship project for supporting the study of excellent youth in the region of Goyang City and Gyeonggi-do for 10 years since its establishment.
For the first time in the exhibition industry of Korea, KINTEX uses retired professional manpower as expert advisors for its exhibition business marketing and has dispatched career-interrupted women to the wedding and catering business where women’s unique sensibility can be utilized, considering that the interest in re-entry of career-interrupted women’s advancement in society is growing. KINTEX, as the representative convention and exhibition center in Korea, will keep on expanding these social contribution projects in order to contribute to the community.
Meanwhile, as the business plan for constructing the third convention and exhibition center of KINTEX passed the deliberation stage by the Ministry of Trade, Industry and Energy, it has become possible to carry forward the construction of the third convention and exhibition center in accordance with the “Basic Plan for the Construction of the General Exhibition Center in the Metropolitan Area” set up at the time of the establishment of KINTEX. As it is anticipated that KINTEX’s exhibition centers will be saturated in 2020 with its rate of operation increasing up to 70%, KINTEX must start arranging for construction of the third convention and exhibition center without delay.
Now, with construction of the third convention and exhibition center in 2022, KINTEX will secure an exhibition area of 178,000m2, getting ranked among the top 20 in the world. In addition, by establishing a hotel along with the third convention and exhibition center, KINTEX will increase visitors’ time to stay in Goyang downtown and heighten the economic ripple effects through the community.
The Techno Valley of Northern Gyeonggi-do planned to be created in the region of Janghangdong in 2020 is expected to transform the whole area of KINTEX into a center of the “fourth industrial revolution.” In 2021, the GTX A Line reducing the travel time between Samseong Station in Seoul and KINTEX to just 20 minutes will be opened, and the complex transfer center will be constructed at the GTX KINTEX Station. Thus, the whole area of KINTEX is expected to become a hub of traffic and culture.

 

Major Exhibitions in 2018

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Korean Exhibition Industry Maintains Its Fame As a “Golden Goose”

https://korean-machinery.com///inquiryThe exhibition industry, often referred to as a “Golden Goose,” is attracting worldwide attention. Korea’s MICE (Meetings, Incentives, Conventions, and Exhibitions) industry also seeks to revitalize the exhibition industry through a project plan to expand the infrastructure such as the construction of the COEX Jamsil and the 3rd KINTEX exhibition center.
Combined with cultural heritages accumulated over thousands of years and exciting modern attractions, state-of-the-art convention facilities and affordable accommodation, Korea’s MICE industry makes the country one of the fastest emerging MICE destinations in the world.
According to the results of the Korea Exhibition Industry Statistical Survey (2016) published by the Association of Korea Exhibition Industry (AKEI) on September 28, 2017, a total of 568 exhibitions were held in Korea in 2016. The average number of exhibitors was 151 and the average number of visitors was 13,388. This indicates an increase in the number of exhibitions, average exhibition area, and average number of visitors compared to 2015. In particular, the number of exhibitors increased. In addition, the domestic organizers’ overseas expansion showed a significant increase compared to that of previous years. The total sales of the industry in 2016 totaled KRW3.454 trillion, exceeding the KRW 2.11 trillion of the flourishing film industry in Korea.

For convention and exhibition organizers, as well as business travelers, this month’s Korea Buyers Guide covers major exhibition centers in Korea and how they are being better-equipped for international conventions and exhibitions.

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Great Satisfaction Ecology Elevator

https://korean-machinery.com///inquiryI would say that one of the most outstanding features of the rapidly changing economic growth and industrialization is the construction of advanced high-rise buildings, triggered by the speedy development of urbanization. Given this current trend, the demand for elevators and their functions is on the rise thanks to the growing number of tall buildings. Furthermore, I strongly believe that the elevator should be designed as an aesthetically pleasing space that can be used safely and conveniently while satisfying the users’ sensibility. With an eye toward creating safe, convenient and pleasant spaces to make our customers happy, GSE Elevator develops its products through constant research and efforts. In this process, the company is making endeavors to produce eco-friendly products by minimizing environmental waste through using materials that consume less energy in consideration of the environment and safety. “Great Satisfaction Ecology” Elevator promises to always ensure the smooth operation of elevators and the safety of customers with the best quality by providing eco-friendly products with superior energy-efficiency that fully satisfy customers.

 

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The First Appearance of Ultra-compact Electric Car Model in Korea for Road Driving

https://korean-machinery.com///inquiry[INQ. NO. 1705M22] Daechang Motors recently launched an ultra-compact four-wheel-drive electric car, DANIGO, by completing its development and implementing road test driving. This is the first time that an ultra-compact electric car model for road driving has been introduced in Korea.
Thus far, most of them were made in China, electric scooters, or remodeled electric cars. The development of DANIGO was based on accumulated technology related to electric vehicles and expectations of higher demand for ultra-compact electric vehicles through cases such as Europe and Japan.
Oh Chung-gi, the CEO of Daechang Motors, established the company in 2010. This is the second establishment. Mr. Oh, also founded the display manufacturer, ‘Decktron’ and has led the company for more than 10 years to make it become an SME with annual sales exceeding 100 billion won. He sold his entire stake a few years ago and entered into the electric car market. As an engineer, he is confident that he will be able to compete with small and medium-sized enterprises (SMEs) in the field of electric cars.
The recently launched DANIGO, is small but offers sufficient space and minimized inconvenience. It looks very cute when viewed from any side, and its round shape is enough to draw attention of passers-by. ‘DANIGO’ was developed with a focus on overcoming the disadvantages of the Renault Twizy of Samsung. While it is an ultra-compact electric car, it is equipped with an air conditioner inside the vehicle, as well as HAC function to prevent the vehicle from sliding back on hills when the foot is removed from the accelerator.
DANIGO weighs a mere 450 kg, including battery. It has excellent battery and driving performance. As it is equipped with a 7.5 Kw motor, it has a maximum speed of 80 km/h. It is equipped with a cylindrical compact battery, exclusive battery management system (BMS) and battery display indicator (BDI). It is equipped with 560 LG Chemical’s latest 11.8Wh class (3.2Ah) cylindrical batteries (model name: 18650) with a capacity of 6.6kWh. It can be driven up to 100 km with one charge; it takes about one hour with a fast charger, while it takes 3.5 hours using a general 220V electric cord for home use.
It occupies one-third of parking space compared to an ordinary sedan.
It was the first ultra-compact electric car that is equipped with a rear camera to ensure convenience and safety when reversing or parking, and made airbag and ABS brake for options to meet the safety needs of customers.

Indoor and outdoor temperatures and remaining driving distance are also displayed using CAN communication that checks over-voltage, under-voltage, and discharge. The size is 2,300 X 1,190 X 1,485 mm (length x width x height). There are three types of doors to choose from: full door, semi-door and bar-type door, depending on the customer’s circumstances and usage.
It is equipped with an air conditioner that boasts optimum energy-efficiency for heat in summer and to prevent any possible risk due to moisture and it also has a bright headlight audio. A tablet PC is also installed to maximize the convenience of the driver.

Despite the added function that does not exist in Twizy, the price of the vehicle is about 10 million won. When meeting the criteria of subsidy for electric car which is scheduled to be released this year by the Ministry of Environment, it is expected to be able to purchase it for 6 – 7 million won. It has a low fault frequency due to more than 50% simpler structure compared to general sedans. Up to 10,000 won is saved in electricity costs when driving 1, 500 km, which is about 1/15 the cost of driving that distance with a compact car.


He explained “It’s equipped with conveniences such as air conditioner, hill-start assist, rear camera, etc. by supplementing the weaknesses of the European ultra-compact electric car.” and “It will be useful for electric car sharing thanks to its advantages for driving in the city central such as parking at a cheap price.”
This model will also be released on the European market. Mr. Oh continued, “Europe, which has strong pragmatism, already is showing increasing demand for ultra-compact electric cars. We have already started to cooperate with global companies to advance into Europe by taking advantage of its competitiveness to overcome the weaknesses of the European ultra-compact electric car market.” He said, “The technology and experience in manufacturing electric cars such as golf carts and low-speed electric vehicles are strong motives for Daechang Motors to expand various businesses related to electric cars in future.”

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INT’L FACTORY AUTOMATION SYSTEM SHOW 2017 to Kick Off

https://korean-machinery.com///inquiryAn opportunity to catch up with the latest development trends in global automation precision equipment

The 13th International Factory Automation System Show 2017 will be held from June 13-16, over a four- period at Changwon Convention Center. Being held in Changwon, one of the largest exhibitions held outside the metropolitan area of Seoul, it has been a symbolic event representing the mecca of the high-tech industry of Korea.

Marking its 13th year, the Fair aims to increase the international competitiveness of the industry by boosting demand for the exportation of smart factories, automation equipment, facilities, and related equipment, exchanging information, and technology development. Every year, it serves as a venue for exchanging information on technology and markets among participants and searching for new business partners.

Organized by KOAMI and held by the Gyeongsangdam-do and Changwon-si, the exhibition is sponsored by some of the most representative companies and organizations in various industries in Korea. Other affiliated events such as seminars and lectures will also be held along with the event.

This year, as many as 165 exhibitors from 13 countries have signed up for the exhibition. Although there were more exhibitors of 184 from 18 countries last year, 380 booths are expected to be installed, remaining almost the same with 387 booths last year.

The event organizer is expecting to achieve last year’s outcome of 20,000 visitors and business meetings worth USD550 million (meetings worth USD500 million and deals worth USD 50 million) during the exhibition this year.

A total of nine themed exhibitions along with a special exhibition will be held displaying FA equipment focusing on innovative process management solutions, sensors and control equipment, network systems, designing and process analysis programs, and measuring instruments for smart factories. The exhibitions will also feature metal processing machinery, molding tools, hydraulic pressure equipment, and part materials to respond to the demands of the global market.

An export consultation session with vendor handlers overseas will also be held to satisfy the event’s aim to increase exports. For Korean companies to find new buyers especially in countries like India and Japan with high demand for nuclear, chemical and plant equipment, vendor handlers and procurement managers from ten well-known international EPC companies have been invited to have one-on-one meetings with 60 Korean companies. Customized consultation sessions with 20 prospective buyers overseas recruited by the exhibitors will be held at individual booths.

“Information and communications technology (ICT) conversion, the key to change in the global manufacturing paradigm, is triggering the fourth industrial revolution,” an official from the KOAMI said. “You’ll be able to see the trends in automation technology that is evolving with new technology such as cloud computing, big data, and Internet of things.”

 

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Representing Korea’s Machinery Industry

https://korean-machinery.com///inquiryThe Korea Association of Machinery Industry (KOAMI) was founded in 1969 in accordance with the Machinery Industry Promotion Act. Since its foundation, KOAMI has been a trusted bridge between the Korean government and machinery industry, contributing to the advancement of the Korean machinery industry. Today it continues to serve as an important organization representing the machinery industry in Korea.

With support from the government and the participation of member companies, KOAMI has brought tremendous achievements to the advancement of the industry; it has been part of the development of core technology, pioneering overseas markets, initiatives to increase the export of Korean machinery, and promoting the sharing of mutual interest among the members. Moreover, KOAMI provides machinery companies with professional services involving support to policymaking and research activities, technology development, and exportation in response to the government’s policies. It also provides them with useful information on the machinery industry and training.

Since its foundation, KOAMI has never stopped striving to develop the industry and played a significant role for the machinery industry to become the world’s eighth largest exporter. With its expertise accumulated and trust earned over the past 49 years, KOAMI will continue to dedicate itself to the advancement of the machinery industry in Korea. As a companion to the industry, it plans to continue providing the machinery industry with support so that it can drive growth and play its role as the largest exporter of machinery in Korea.

Business Areas

– ‌Business to promote the machinery industry and members’ interests
– ‌Support for the machinery industry to develop technology
– ‌Business to promote machinery exhibitions, machinery, parts, and materials technology, exportation, and international cooperation
– ‌Research and publication on promotion of the machinery industry
– ‌Informatization of the machinery industry and creation of knowledge-based businesses
– ‌Businesses required to nurture talents tailored to the region and industry
– ‌Support related to quality guarantee and warranty of machinery, parts, and materials
– ‌Projects to establish a foundation for nurturing cutting-edge molding businesses
– ‌Advancement of machinery equipment and promotion of its exportation
– ‌Support to issuance of certificates on design, test, and inspection for SMEs
– ‌Collaboration between large enterprises and SMEs
– ‌Projects on advancement of the machinery industry commissioned by the government
– ‌Operation and rental of KOAMI’s properties

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M3-5AX

https://korean-machinery.com///inquiryHeavy-duty Five-axis Vertical Machining Center, High-speed and High-productivity

M3-5AX is a high-precision five-axis machining center perfect for improving productivity. It implements the entire machining processes for complex products that require various machining processes with one-time workpiece setting.
This high-precision fi ve-axis machining center ensures high machining quality, thanks to high-precision rotary table, high-precision feed system, and rotation axis center optimization system (HRCC II). Basically ensuring high productivity, it is capable of machining of complicated shapes with one-time workpiece setting. It has a high-speed feed system, high-torque, and high-power spindle.
Table accessibility is available for easy installation of the workpiece. Automatic open/close system for ceiling is equipped. Notably, it is impressive that complete discharge of chips and cutting oil is possible.

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