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With the recent global economic shift toward Asia, electronic exhibitions in Asia are drawing more attention than ever before.
As the international demand for cutting-edge South Korean IT-related products is continuously growing, the upcoming Korea Electronics Exhibition’s status is thereby rising as a major exhibition in Asia.
The KES 2011, the biggest electronics exhibition in Korea, will be held from October 12 to 15 with the theme of “Be Smart” to showcase the new post-industrial revolution, called the “Smart Generation.” Following the success of last year’s exhibition, smart devices, 3D, Green IT, convergence solutions, digital broadcasts, and LED will be presented in an even more comprehensive way. Especially, software including applications and cloud computing will be presented as key elements to highlight its importance in the era of the Smart Generation.
This year, more than 1,000 companies from 30 countries have booked booths in the exhibition center (53,541M), playing a role in raising the brand awareness of the KES to one of the global top-level IT exhibitions. The industry expects this year’s exhibition to be a comprehensive and fruitful one including leading products such as cell phones, semiconductors and displays.
According to the schedule for the fair, so-called next-generation convergence solutions such as wearable computing, green IT, educational digital kits, and e-health will be open for the public to experience and to enjoy the new technological trends in advance.
The CEOs from IT and related fields also can gain insights for future technology trends and seize valuable investment opportunities. Ranging from vacuum tube radios through cassette players, color TV to semiconductors and mobile phones, KES has been the passage to the world for the Korean electronics industry, which currently accounts for approximately more than thirty percent of Korea’s exports.
At the upcoming KES 2011, more than 20 Taiwan companies emerging as strong competitors to some Korean giant electronics manufacturers such as Samsung Electronics, LG Electronics, etc. will showcase their technologies and products.
While the global electronic giants like Google, etc. are rapidly transforming into comprehensive IT companies showing a global competitive edge in not only software, but also hardware areas, domestic global giant Samsung Electronics is also speeding up its pace to stay ahead of its global competitors by drastically reinforcing its relatively weak software area.
Supported by the Incheon Information Technology Industry Promotion Agency (IITPA), 10 companies of the Incheon region - Huria, Choice Technology, Elivision, Innoworks, RARA Electronics, YUHANHITEC, ODA Technologies, Sollae Systems, Inmok, and Core Electronics - will unveil their flagship IT products at the upcoming show.
South Korea will take special measures to boost the country’s exports of information technology (IT) products
According to reliable official data released by the Korean government, South Korea will take special measures to boost the country’ exports of information technology (IT) products as global financial woes sparked by a downgrade of the United States credit rating are expected to significantly cut global demand.
The country’s IT exports reached a new seven-month high in the first seven months of the year, but the growth rate has recently been dwindling by a large margin due to cuts in shipments of major export items, including computer memory chips and display panels.
South Korea’s IT exports reached US$90.5 billion in the January-July period, up 4.8 percent from the same period of last year. The government sees the annual total will likely grow by up to 6.6 percent on-year to over $160 billion.
The official data also unveiled a deep story that the country’s shipments of its major export items had already been shrinking before the latest financial turmoil began to unfold, mainly due to a slowdown of global market growth and dwindling prices.
The global market for memory chips grew only 1.2 percent from a year earlier in the first seven months of the year while the average price of a dynamic random access memory (DRAM) fell to $ 0.8 in July from $ 2.6 in the same month last year. The price of a display panel also fell 27.8 percent on-year to $258 from $358.
South Korea still top world communications economy
According to the official data released by the United Nations, South Korea was the world’s most advanced Internet and telecommunications economy in 2010, with high levels of access, usage and skills, while high-speed
Web access remained unaffordable in many low-income countries.
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