Korea¡¯s highest-quality products lead the world in a number of different markets. These products include TFT-LCD displays, PDP televisions, mobile phones and automobiles.
There were 121 individual products manufactured by Korean companies that enjoyed the biggest market share in the global market as of the end of 2009.
In addition to the aforementioned products manufactured by top-notch companies, a lot of Korea¡¯s quality goods are made and supplied by small- and medium-sized enterprises (SMEs), establishing a growing presence in the fiercely competitive world market.
Aiming to further promote these highly rated products and services to buyers and marketers around the world, Korea¡¯s Ministry of Knowledge Economy has since 2001 been awarding them the certification of ¡®World-Class Products of Korea¡¯ after rigorous screening processes.
As of 2010, a total of 584 products have been selected as World-Class Products or Next-Generation World-Class Products among candidate products that meet the requirements.
Korea¡¯s Buyers Guide, in conjunction with the Korean government and KOTRA, describes and recommends these Korean World-Class Products to buyers and marketers, encouraging them to relate Korean products with superior quality.


World Class Products Guarantee Top Quality

¡°World-Class Products¡± are selected from among goods and services whose total global market size is greater than US$50 million, with exports of over US$5 million. The candidate must also be ranked in the top five in the global market, and undergo a strict screening process led by the World-Class Product Review Committee (chaired by the Vice Minister of Knowledge Economy) based on the marketability and technological strengths of the candidate product.
In addition to the World-Class Products, the Ministry of Knowledge Economy selects a separate group of products labeled ¡°Korea¡¯s Next Generation World-Class Products¡± from among goods and services that have the potential of fulfilling World-Class product requirements within the next five years.
The selection process is overseen by the World-Class Product Review Committee, headed by the Vice Minister of Knowledge Economy, under the same careful and rigorous screening process.
Additionally, the Next Generation World-Class Products include those with proven technological potential in future growth industries, recipients of various new technology and product awards and certifications, and goods and services selected from among those recommended by industry associations and agencies with proven commercial and technological advantages. Next Generation World-Class Products showcase items that promise future market dominance with the same high level of quality and reliability exhibited by Korea¡¯s World-Class Products.


Strict and Objective Selection and Management

The selection process for Korea¡¯s World-Class Products is wide-ranging and extensive, and is conducted with strict objectivity and fairness. The selection committee, chaired by the Vice Minister of Knowledge Economy, is supported by a large number of relevant agencies and organizations that provide professional and technical advice for the selection process. These agencies and organizations include practically every appropriate industry association and agency in Korea, with the number of organizations participating in the selection process increasing each year.
In addition, products previously selected as World-Class Products may have their status revoked if found in subsequent reviews to be failing to meet the rigorous selection standards, as part of continuing efforts to create an even more meticulous screening process.
The quality and reliability of Korea¡¯s World-Class Products are thus guaranteed by the Korean government, in addition to having already proven their high acceptance in global markets.
They represent the pinnacle of Korean technology, engineering and production, and any buyers purchasing Korea¡¯s World-Class Products can be confident of their quality, reliability, technological capabilities and marketability.

Since 1991, M.I.Tech Co., Ltd. has manufactured SEMS (Self-Expandable Metallic Stent). The firm¡¯s main items are non-vascular stents to create an artificial pathway, on the structure that is obstructed due to malignant cancer or benign disease.

Uniplatek. Co. specializes in development and production of heating products such as film heater, heating vest & blanket, foot heater, picture frame heater, and etc.

Medytox Inc. is a biopharmaceutical company that focuses on developing innovative biotech products necessary to diagnose and treat various diseases.

Sam Kang T.S.M Co., Ltd. has earned international reputation for its sizing machines with digital control system. Due to their high productivity and broad range of applications, the firm¡¯s products have been exported to Europe, Southeast Asia and Latin America. Major market is China, but demand from Vietnam and India is on a rapid rise.

Founded in 1982, Hanyang ENG Co., Ltd. has firstly succeeded in manufacturing the semiconductor utility systems in Korea. The company also supplies CCSS (Central Chemical Supply System) equipment used for domestic semiconductor and display manufacturers. It recently furnished CCSS equipment to foreign makers of TFT-LCD and semiconductors in China and North America.

Since its inception in 1990, PSK Inc. has been engaged in the production of surface treatment equipment for semiconductor wafers. The company¡¯s representative items include ashing systems, lite etching systems and dry cleaning systems. Notably, in 2007, the maker ranked at the first position in the global asher field in terms of sales volume.

One of the domestically leading specialist in dispensers for use at production lines of parts for portable communication terminals, Fluix Co., Ltd. has committed itself to developing fluid control technology. Based on its long-accumulated experience in the in-line system field, the company has various patented control technologies.

Founded in 1988, Polytec Co. has distinguished itself by producing highend polyethylene (PE) ball valves and PE electro-fusion fittings. The maker¡¯s products are applicable to gas and water supply systems: While electrofusion fittings are employed for the connection of water or gas pipes, ball valves play the role of controlling the flow of water or gas.

Powertron has been a specialized total solution provider of environment-friendly power supplies and battery diagnostic apparatuses for emergency power supply systems, since its establishment in 1984.

Other Articles

World-Class Products of Korea 2018  [Issue No. 530]

Korea¡¯s World-Class Products Capture Global Markets  [Issue No. 461]

Korea¡¯s World-Class Products Capture Global Markets  [Issue No. 460]

World-Class Products of Korea 2012  [Issue No. 459]

World-Class Products of Korea 2012  [Issue No. 456]