SMBA's policy to help strengthen of S. Korean SMEs' export capacity in global market comes out with specific outcomes
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Among numerous contributors, small- and medium-sized 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 are witnessed slightly expanded volume of export to foreign markets amid global recession in consumption - especially in the area of automotive parts.
South Korean SMEs are played their importing 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 is 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 export-boosting services.
For contributing to the further increase of the global presence of those selected items in 2013 again, Korea Buyers Guide covers 56 companies¡¯products based upon their comparatively superior quality among more than 1,600 companies¡¯ items.
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Level Control Valve
Control valves are useful for controlling elements like liquid or pressure.
They do so by adjusting openings after receiving signals from controllers; closing and
opening is done by electrical or hydraulic actuator. And quality hydraulic control valves are
qualified with a few outstanding features like outstanding pressure control capability. A
Korean control valve maker, Balem, recognizes what it takes to produce not just good but
excellent valves.
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Treadmill
Lately, people frequently mention ¡°The quality of life.¡± It is an indirect indication that shows how our main focus has been shifted from how to survive to how to live. Following this new trend, people try to find ways to live quality healthy life. Exercising regularly is one of them. Taeyoung Industry, a Korean health-related equipment maker, designs and introduces means for your end.
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Automotive Parts
By using polymer, Korea¡¯s Shin Yang Tech makes it happen. As a chemical compound resulted from polymerization,
polymer gives what many industries want, and its application is widely extended due to second-to-none shock & sound absorption, elasticity, and tensile strength. There are also many properties that can be well exploited to produce durable and quality products at competitive costs. And there are no another manufacturer like Korea¡¯s Shin Yang Tech that knows how to put polymer into great use.
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Dust Collector
We all remember the Industrial revolution that took place decades ago. The world then saw and deeply felt it ripple effect not only throughout industrial sectors but social and political area as well. But one obvious downside followed : devastating pollutions that sickened many lives and our environment. If a Korean company like MyungJin Machinery had existed during the period, the history would have been different for sure.
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Jet Flow Dyeing Machine
Dyeing is a great way to color things. We dye our hair for beauty and dye clothes like t-shirts for fashion. But for industry, it¡¯s something different. It involves more sophisticated work and various dyeing machines. And Samill with 23 years of experience has been serving customers with multiple quality certificates (ASME, SQL, ISO9001, INNOBIZ), diversified
dyeing systems and many other relevant machines. Being innovative and creative, the manufacturer first invented environmentally friendly ¡°Beam Dyeing machine¡± in the world, which was supported by the government. The manufacturer also successfully dyed Polypropylene.
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Ushering in the Future of Agricultural Machines
In the past, agriculture used to be the basis of all industries in Korea. As a result, farmers were ranked second in the society when social hierarchy mattered a great deal. This idea has survived until today, and Korea¡¯s agricultural industry is preparing to leap into the future. Among many, Shin-Nong is the best candidate to lead.
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MK16A transistor
Induction heating is the process in which usually a metal become electrically heated by
using electromagnetic induction. A typical induction heater has an electromagnet and a high-frequency
alternating current (AC). The technique is useful for both industrial and home use. The most common
applications we can find easily are electronic cookers like an oven and an electric range. And, as a specialist,
KOREA NETUREN is the company to turn to when it comes to the induction heating business.
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Eco-Friendly Air Cooling Solutions
Looking up to its philosophy ¡°Contributing to the development of national industry and economy by seeking new technology,¡± Cotran has been specializing in manufacturing a handful of numerous machines such as cooling systems and air handling
units. In pursuit of advanced technology, the firm is always interested in taking steps to develop and invent new products with improved performance and functions. Especially, going green by introducing eco-friendly products is one of Cotran¡¯s top priorities.
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Casters for Various Mobility Needs
Casters mostly are wheels that are attached to a larger object for mobility. They are made of materials like aluminum, plastic, and stainless steel. Main applications are easy to find ; they are shopping carts, various types of chairs, travel bags, hospital carriers, etc. And Korea¡¯s caster maker, HWA SUNG Industries, is striving to make things better.
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A Pioneer in the Textile Machinery Industry
By using heat, chemical, or mechanical treatment, nonwoven fabric is made from fibres. This pseudo fabric has lots of distinctive properties for many applications including hygiene-related products, numerous filters, packaging, medical items, etc. No wonder that textile making machines must be built by good hands. Korea¡¯s BooKwang Tech possesses nimble fingers.
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