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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Gas Separation System Expert
Separating gases like nitrogen and oxygen from gas mixtures is often called for at hospitals. To process it effectively, special devices tag along. WON Hi Tech¡¯s gas separation systems are ready.
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Innovative Glove Knitting Solution
It seems that technology advances a lot faster than we might have thought it would. Certainly, today¡¯s world is plainly different from that of yesterday. Every day, new gadgets come and make old ones go away. Industrial scenes went through the biggest change; for example, labor productivity increases in factories as machines do the job. And Korea¡¯s Dongsung Precision has been behind the scenes.
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Next-Generation Fastening Solution
A rivet as a fastener works and looks quite similar to a bolt; it has a shaft and a head on one end. There are several types of rivets. Blind rivets are one of them. They are multi-piece river assemblies and allow being installed from only one side of the
workpiece. Major advantages exist in terms of cost, time, and quality performance. Now, these blind rivets are being applied to many industrial areas with added values, thanks to Nextec, Korea¡¯s next-generation blind rivet maker.
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Auto PCB Testers with Reliability
A printed circuit board known as PCB uses conductive means to connect electronic components. The board is widely used for most electronic devices. Good examples are quite near us, and they are found in a computer main board and a computer mouse. And for a PCB¡¯s stability and performance, it must go through a testing process which involves many different types of PCB testers.
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Your Electrostatic Powder Coating Solution
Powder coating applies powder electrostatically, and it does not require a solvent. Defying hazardous factors, power coatings are preferred to most conventional liquid coatings. The method is ideal for coating items like automobile and bicycle parts for now. Sooho Coating Machine Industrial in Korea is determined to put the best efforts into developing the powder coating for new materials that are up and coming.
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Advanced Piping System Maker
A pipe is a hollow-type cylinder that can deliver liquids or gases. It is safe to say that this pipe system
has contributed a lot to today¡¯s industry. By flowing liquids like oil from one place to the other, it has benefited and
helped many different industrial sectors grow.
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For Flexible Metallic Expansion Joint Solution
Bridges, railways, and sidewalks are not complete structures themselves, and often require various safety features to be incorporated. Their materials may contract or expand under seasonal weather conditions or natural disasters like
earthquakes. In order to absorb impact and keep all parts together, engineers resort to expansion joints to fill gaps. However, this is not limited only to structures; metallic machinery is vulnerable as well. And for your best selection of expansion joint products, Baeksong Engineering & Technology is on your radar.
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Press Machines for the Future of Automation System
In old days, people hammered metals to produce necessary tools. Today, the world has become sophisticated, and machines already took their place. These press machines are useful in forming or shaping workpieces; they are widely varied for many different uses. In Korea, speaking of the press machine, YoungRim is taking the title of ¡°Leader of Automation System.¡±
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Machinery Part Maker for the Agricultural Industry
Agriculture is the backbone of a nation. At least, it is a strong belief that Korea used to base its whole industry upon.
Until the present day, the principle has survived. So has Korea¡¯s agricultural industry. Haeun Tech intends to make it flourish by manufacturing numerous quality parts for agricultural machines, believing that, by doing so, Korea¡¯s industrial foundation could be sound and safe for better future.
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Going Green with Marine Diesel Engine
Speaking of today¡¯s engine, it all started with simple prehistoric tools like oars for boats. Technological advancement enabled machine-based engines to replace ones that relied solely on human or animal power. With superior horsepower capacity and efficiency, diesel engines are widely used for automobiles, aircrafts, heavy machinery, etc. For ships, Korea¡¯s Daedong Marine Tech takes the marine industry by surprise with its next-generation diesel engine.
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