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World-Class Products of Korea 2012

Korea¡¯s World-Class Products Capture Global Markets
The Ministry of Knowledge Economy has added 58 items to the list of ¡°Korea¡¯s World-Class Products¡± as of 2012.

The ¡®World-Class Product¡¯ project has marked its 11th anniversary since it was launched in 2001 while the number of certified companies has steadily increased from 120 in 2001 to 553 in 2012.

In addition to Korea¡¯s 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 three years.

Korea¡¯s best-quality products top the list in a number of different global markets, including memory semiconductors, seawater desalination equipment, merchant vessels, polyester LM fiber, cycling shoes, refrigerators, electric equipment for ships and half-submerging drilling ships, just to name a few.

For instance, as many as 119 goods manufactured by Korean companies enjoyed the biggest market share in the global market as of the end of 2010. In addition to the 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 Product¡¯ after rigorous screening processes.

The Ministry of Knowledge Economy recently awarded the certification of ¡®World-Class Product¡¯ to 58 items in December 2010. They include 32 World-Class Products, which rank in the top five in the global market and 26 Next- Generation World-Class Products, which have the potential of fulfilling World-Class product requirements within the next three years.

So far, a total of 553 products have been selected as World-Class Products or Next- Generation World-Class Products among candidate goods that meet the requirements as of 2012.

Korea Buyers Guide, in conjunction with the Korean government, describes and recommends these Korean World-Class Products to buyers and marketers worldwide, encouraging them to identify 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 products.

In addition to Korea¡¯s 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 three 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 relevant 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.

Small Precision Motor

Launched in 1985, Moatech is an advanced producer in South Korea of diverse small precision motors such as stepping motors, BLDC motors, actuators, solenoids, dampers, etc.

Household Vacuum Packaging Machine

The rapidly changing modern society now requires high-end technology in the packaging industry as well. Packaging in many homes and industries now requires longterm storage functions as well as effective use of space in order to ensure safety and effectiveness of various products used in variousplaces.

Fresh-Water Generator

Donghwa Entec¡¯s fresh-water generator is a device to produce fresh water by using seawater and comes in two models of low pressure evaporating type and reverse osmosis type.

Air Cooler for Main Engine

Donghwa Entec has been focused on producing various products for use in ships, power plants and environmental facilities ever since its establishment in 1980.

Travel Device

Established in 1974, Doosan Mottrol advanced into the unexplored hydraulic industry by making hydraulic parts, hydraulic press and hydraulic systems in the defense industry, steering gears for ships and winches.

Multi-Core Tube

Founded in 1980, Dongnam Precision has been showing its superiority in manufacturing and supplying such high-class items as ocean plants, LNG fittings, shipbuilding parts, structures for ships, and heating coil.

Stevioside natural sweetener

DAEPYUNG's Stevioside is a natural sweetener extracted from stevia(commonly known as sugarleaf) mixed with Brussels sprouts extract. Stevia's sweet taste is known for its slower onset and longer duration than that of sugar and Brussels sprouts for its anti-cancer properties.

Peripheral Bone Mineral Densitometer

SONOST-3000, designated as the world¡¯s first-class product by the ministries in Korea, is an ultrasound bone densitometry. It is also marketed in Japan (Minelyzer) as the QUS device measuring the Japanese standardization SOS (s-SOS) formula as defined by the Japanese osteoporosis society.

Manicure Set

Silver nano prevents the propagation of various bacteria, such as noxious bacteria, fungus, Tinea pedis, allergenic virus by a prominent antibacterial function Nano-scale Ag+ion absorbs and combines with C00- or OH- ions which are in the protein of bacteria and it transforms their cells.

Diamond tools

Zenesis is a plarform technology that brings to life dramatic improvement in diamond tool performance by its ability to custom design and mass produce optimal patterns of diamonds based on application needs.

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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]

A Vital Agency Aiding Korea¡¯s Economic Development  [Issue No. 454]

 
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