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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Lighthouse
Maritime pilots often find it difficult to navigate through the sea at night. Today¡¯s cutting-edge technology for sure offers pinpoint routes all the way to a destination. But there are unseen dangers everywhere. Unknown objects like reefs could sink even a large ship with one blow. For prevention, people set up lighthouses and buoys in order to guide vessels. Korea¡¯s Woori Marine is an expert in the field.
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Automotive Parts
A pulley is designed to add or transmit power; it usually consistsof a wheel and a belt. And its use varies. For example, you might have seen vehicles and devices that are equipped with pulley systems at construction sites or factories. For cars, it works with engines for better performance. It makes sense that effective pulleys can boost torque and speed. If your pulley-strapped car engine belongs to one of these brands: Ford, Denso, and Harrison, you can rest assured for you are in
good hands.
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Sandwich Panels
Controlling temperatures is important for some occasions. Say, a spacecraft needs to be well insulated in preparation for extremely high temperatures when it re-enters through the earth¡¯s atmosphere. For buildings, people use various
forms of thermal insulation not only to reduce heat but also noise and vibration, which can create a more enjoyable environment for a resident. Clothes are also used for the same purpose. Korea¡¯s TAEYOUNG allows people to maximize the use of heat insulation products to their advantage.
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High Hardened Mills
For industrial work, whether it is simple or complex, cutting and drilling are two necessary processes. They can be done with efficiency if drilling and cutting tools are sharp and durable enough. And people use certain materials that can well resist abrasion and withstand high temperatures. Korea¡¯s WIDIN has carefully selected one compound useful which is ¡°Tungsten carbide,¡± and puts it into good use for the machining and cutting industry in Korea. WIDIN has been a fine manufacturer of carbide cutting tools and end mills since 1987. By maintaining its position well, the cutting tool maker has produced diverse types of such premium quality products as ball end mills, drilling machines, high speed cutting tools, standard end mills, solid drill machines, diamond-coated end mills, etc. All of these tools ingrained with WIDIN¡¯s advanced technology can work sharply on hard materials. Over two decades of experiences, high-end facilities, and its technical know-how keep attracting customers with sophisticated demands. WIDIN¡¯s items are perfect fits for a number of different machining processes like high speed cutting work.
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Cabin Filter
A car is built with many small or big parts. Each of them independently plays a vital role in allowing a car to run. Unless they are all working in close coordination with each other, a vehicle will soon break down. Some of these important parts are filters. They are essentially blocking foreign objects from interfering with mechanism in a car. If they fail, a driver will face lots of mechanical failures or even life threatening ones. Korea¡¯s Lafien as a filter maker wants to prevent the misfortune
from taking place.
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Diamond-tipped and Carbide-tipped Tools
Diamonds are not only rare gems but also are useful as their hardness is superior to many other materials. So, they have many advantages as cutting tools. For industries such as automobile, heavy machinery, shipbuilding, hydraulic - related, etc., diamond tools are somewhat indispensable. Korea¡¯s Edge Tech knows the fact better than anyone else.
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Various Kinds of Precision Products
From bulky vehicles like heavy machinery and cars to handy gadgets like mobile phones and notebooks, small precision parts are there to help them perform up to par. They are all assigned with specific roles and just are not ignorable. In a way, these precision components may directly affect an entire function. Recognizing this, Korea¡¯s PKANG Precision is determined to supply precision parts that never break down.
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SSAGDUGI for Your Pleasant Farming Experience
Farmers are diligent. They work around the clock paying attention to fruits or crops they grow. Lots of tasks involved need to be properly managed to get better production. For this, specially designed tools come handy. With them, they can get things done more efficiently. Korea¡¯s HOBUM TECH offers one of the tools; its SSAGDUGI helps farmers trimming branches with
easiness.
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Fabrication Design for Industrial Design
Korea is dominating the world¡¯s shipbuilding market with three major ship makers : Hyundai, Samsung, and Daewoo Heavy
Industries. As a global leader, Korea¡¯s yards are busy releasing vessels on a daily basis; Ulsan is the largest ship yard in the world. And Ace Engineering is one of many firms that contribute to what the industry has been achieving.
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Metal Processing Solutions
Cutting is one of many preliminary processes for many industries. For its efficiency, people have found various ways to perform cutting. There are machines that use water and heat as a cutting medium. Plasma is one of them. By using this sort of gas that has some ionized particles, Korea¡¯s World Plant is poised to step up the level of industrial cutting.
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