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SMBA's policy to help strengthen of S. Korean SMEs' export capacity in global market comes out with specific outcomes

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.

Bag Filter

GETEC began its mission first in 2001. Since then, the company has worked on several pollution prevention projects in Korea by supplying proper resources based on its officially approved technologies (ISO 9001:2000). Having licenses regarding preventing and treating various pollutions, GETEC has been fairly competitive in developing and applying environmental technologies not only at home but for few overseas markets in Africa and Asia.

Power Steering Units

With power steering unit, drivers can control vehicles by steering a wheel. This system helps drivers feel what is called ¡°road feel¡±, and comes quite useful when a vehicle is slowly moving or stops. Power steering unit has two types : the one with a direct mechanical connection to the steering linkage and the other independent one. Especially, the latter is for heavy duty vehicles. And Korea¡¯ SinJin Precision knows the business inside out.

Press Molding Products

A car may look simple enough however, what constitutes it beneath is no simple matter considering thousands of mechanical parts. Only when these closely wired and placed devices are working in harmony seamlessly, cars can run as expected. It is no overstatement that the quality of car parts directly affects driving conditions. HALLA Industry, Korea¡¯s car part manufacturer, feels obliged to guarantee drivers both safety and performance with top quality vehicle parts.

Fuel Oil Treatment

Chemical substances are useful for many industrial uses as each of them has a distinctive property. By combining or working them against each other, people make the best use of chemicals. For example, the most common chemical form is water, and the water treatment facility mixes other chemicals to purify polluted one. And Korea¡¯s Haeryong Chemical believes that, by supplying necessary chemical products, key industries can develop for a better future.

Power Plant Bearings

A bearing could a mechanical part for very simple job: rolling against the other surface, minimizing a great deal of friction. Its mechanism has been well adopted for many applications around us; we can easily see them in car engines, tires, loading systems, etc. Dae Dong Metal Bearing, a Korea¡¯s bearing maker, helps many industries move without a hiccup with its bearings.

Large-sized Egg Cleaner

Eggs are fun to cook and tasty to eat. Today, people can easily get their hands on them as the relevant industry runs mass-production facilities. Here, quality tops quantity as hygiene matters when it comes to dealing with food, and having in place proper cleaning machines is critical. For the matter, Korea¡¯s Seyang Tech has solutions.

Excavators

If heavy equipment for construction and cars are well maintained, they deserve a second chance even after years of use. Through proper overhauling and replacement, used vehicles can be just as good as new ones. Korea¡¯s KORUS, a trading company, is aware of the value.

Pest Controller

One of the biggest threats to the very existence of human beings is a pest. It may not directly affect people like natural disasters such as earthquakes and tsunamis do, but it has an equally devastating effect on our survivability since livestock or agricultural production could be hit the hardest. Yet people, as they always have been, are intelligent enough to prepare for the damage. Among several smart measures, ECO SOLATEC¡¯s pest controller has come to attention.

Multipurpose Spreader

Agricultural industry is the biggest beneficiary from today¡¯s technology. By having specially-designed machines in place, unlike old days, farmers can effortlessly increase productivity without breaking a sweat. More importantly, it leads to securing the survivability of people. Korea¡¯s IRIS Spreaders as one of agri-equipment makers introduces one single machine that plays a critical role.

Ultra-Precision Processing Parts

We sometimes marvel at incredible inventions; they are, for example, aircrafts, satellites, high-end automobiles, etc. However, we cannot but be surprised even more at what these machines are built with. Each of them is the composite of numerous machinery parts, which means that these industrial components are not at all ignorable. Korea¡¯s IPEC senses its importance.

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Maekyung Buyersguide Corp.'s Korea Buyers Guide, an overseas publicity / marketing magazine for Korean merchandise,
has proudly contributed to export expansion of South Korea for more than 30 years since January 1974.
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