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Korea Buyers Guide e-Newletter Issue No. 455
Industry In-Depth

Korea¡¯s Textile Machinery Makers Seek to Diversify Foreign Markets
In an attempt to actively open up new markets worldwide with the cutthroat competition increasing in the current global textile machinery market, caused by the recent global recession including the Chinese market, South Korean flagship companies specializing in manufacturing various types of compe.....
Eco-oriented Dyeing Machines
Dong-A Dyeing Machinery is pushing ahead with its strong drive for new overseas markets with its flagship dyeing machines including ¡°ECO DREAM,¡± which is exceptionally designed ecologically.
Dropper Motion
Changlim Precision¡¯s Drop Motion is designed to perfectly detect warp-breakage to ultimately prevent fabric defects.
Textile Calendar
Incheon-based Dong Won Roll this year plans to market its strong new textile machines named ¡°TEXTILE CALENDERS.¡±
Automatic Slitting Machine
Approximately 250 companies in the nation are major buyers of dyeing processing machinery from the Siheung-based Poongkwang Machine.

Company to Watch

ILWOO Tech Advances Successfully into the U.S. Parts Washer Market
S. Korea¡¯s environment industry market is finally entering a growth phase. Few deny the fact that this desirable trend of the nation¡¯s current environment industry market could have been strongly boosted by some potential small but strong ventures in terms of their innovative technology and arde.....

Focus

Largest Scale Ever ¡®2012 Busan International Motor Show¡¯ Coming Soon
The upcoming 2012 Busan International Motor Show will be held under the theme of ¡°The Voyage of the Green Car across the Ocean¡± at BEXCO in Busan for 11 days through June 3. The 2012 Busan International Motor Show will bring together 96 carmakers and parts and accessories companies (including .....
Automotive Ladder Frame
DAEBO Industry has since its establishment focused on enhancing people¡¯s lives by releasing innovative products and consistently raising the quality of the products that the company covers.
Car Infortainment
Infortainment is a new ¡®telescope word¡¯ for the information equipment such as navigation and the entertainment equipment like car audio.
Electric Bicycle
Ever since it was established in 2002, Pukyungtech has been committed to releasing new fashionoriented solar-powered electric bikes.
Auto T/M components
Ever since it was founded in 1977, Sambo Motos has been striving to become one of the global leading companies in the field of automobile components, ceaselessly releasing competitive products like automobile transmission, engine and fuel system products.
Multiaxial Fabric
Samwoo Enterprise, which started as a textile machinery company in 1970, has changed its business area to manufacturing automotive parts.
Automotive Navigation System
Currently SOTHIS is professionally engaged in producing and providing various kinds of telematics and infotainment systems and services mainly for the automotive Industry targeting both domestic and overseas markets.
LED All-in-One Lamp
Supex, a Busan-based venture established in 2009, is planning to unveil its working lamp designed to increase the quality of the working conditions of workers in various working conditions, which was the strongest motive for establishing the venture.
Car Safe Zone System
This year, the 2012 Busan International Motor Show for Seoul-based young venture firm, Smart SafeZone, is a very meaningful year as the exhibition is the first mega local auto exhibition for it to participate in since its establishment in 2009.
Disk Rotor
SUN&MOTORS is planning to unveil its smart auto part product ¡°Disk Rotor¡± at the upcoming BUSAN International Motor Show 2012, in an endeavor to boost the promotion of its flagship product among global buyers.
Fineblanking Dies
Ever since it was established in 1992, Aspic has been committed to the development of the Korean automobile industry by producing injection molds and fineblanking dies for automobile parts.
Automotive Parts
ENA is an industry leader in the design, development and manufacturing of molded rubber and plastic components as well as ignition cables & wire harnesses.
Four-wheeled electric motorcycle
MINT is a venture established in 2009 for professionally developing and producing electric automotives and eco-friendly vehicles. It does not have a long history of business but has built a solid base by developing new concept products based upon years of experience and special know-how.
Automotive Components
Daegu-based Young Auto has a relatively short business history but is rapidly growing into one of the nation¡¯s leading automotive part manufacturers.
Unique Film
Wig Korea, which holds many patents permitting manufacturing of Chameleon fabric, is small but strong venture in manufacturing and supplying products for foremost sports brands such as Nike, Adidas, and New Balance, automotive & home appliances brands like Hyundai-Kia, Samsung, and LG, and interior markets including Lotte, Shinsegae, and Hyundai department store.
Auto Alternators
Busan-based Wil Corporation is a leading venture professionally engaged in manufacturing and exporting a wide-range of automotive parts such as starters, alternators, alternator components, starter components, DC motors, A/C compressors, etc. With the product brand named ¡°Built,¡± Wil Corporation has been briskly exporting its flagship automotive products to more than 20 countries over the past 15 years.
Automotive Engine Parts
E-Won Solutech, the Busan-based long-history of venture, has been taking the lead in technological innovations for automobile components with its advanced technologies accumulated over the past 30 years.
Automobiles Interior Lamp
Established in 2000, Ilheung has led the nation¡¯s development trends in the automobile parts industry with continuous R&D and technical innovation by providing customers with the best-quality products considering customer satisfaction as the highest value of the company.
Brake Tuning System
JS Motors¡¯ flagship brake tuning system named ¡°BRISS Disc Rotor¡± is made by employing the production method of all-in-one injection molding, in order to help increase of the performance of automotive brake.
Online Electric Vehicle (OLEV)
Online electric vehicle (OLEV) developed by KAIST operates on the electric energy converted from the magnetic field which is generated by electric power cables laid under the road (15cm), using the pick-up devices mounted on the bottom of the vehicle.
Electronic Accelerator Pedal Module
ComeSys Ltd. is one of leading patent holders of noncontact sensing technology in the world. All products produced by ComeSys are developed using its own in-house engineering and manufacturing facilities in Busan.
Cooling System
Cooling System is a specialty manufacturer of automobile engine-related parts in Korea. From the early stage of its business, the company has enjoyed continuous growth in the field based upon its highly trained engineers and accumulated technology and know-how.
Automotive Clips
Taesung MultiTech is a specialized manufacturer of super-precision parts, ranging from electrical, electronic and automobile parts to antenna rings built in mobile phones with advanced technologies and continuous research & development.
Automotive Filters
Twin Global is a venture producing and exporting Air, Oil, Fuel and Cabin Filters. The company also covers selling of lubricants like Engine Oil, ATF, Gear Oil, Brake Fluid, Power Steering Oil, Antifreeze & Coolant, Window-wash, and Lubricant Exchangers together with Filters.
Urethane Cushion Buffer
By strategically relaunching its flagship product, ¡°TTC Cushion Buffer,¡± TTC Co., Ltd. is aiming to advance into the global auto parts market. The advantages of the product in terms of technological efficiency and design will be re-emphasized.
Full Carbon Fiber EV
Power Plaza was the first company to standardize power supplies of DC-DC and AC-DC converters in the domestic market since it was established in 1993.
Automotive Compression Springs
Ever since it was established in 1987, Changwon-based Pungsan Techwin has consistently committed itself to producing automotive springs.
High-performance Brake System
PASPORTS, the nation¡¯s foremost player in the automotive brake system, was established to contribute to creating a culture in which people love to enjoy cars together, plans to unveil its high-end brake system called ¡°F60Kit.¡±
Network Test Equipment
Ever since its establishment in 2004, HanilProTech has been committed to commercializing the technology that can be applied not only to vehicle telecommunication, but also to automatic control systems through recognizing the importance of CAN Telecommunication.
Automotive Rubber Parts
HONG SUNG, which established in 1982, has manufactured and supplied high-level rubber items for automobiles, rubber components for household use and environment-friendly rubber items and rubber molds for industrial use, making itself into the nation¡¯s leading venture in the fields.
Polyurethane Resins
Established in 1991, HEUNG IL POLYCHEM has produced and supplied various kinds of polyurethane resins starting from commercializing of coloring toner for synthetic leather, thus also contributing to the development of the local community.

Industry Trends

SMBs¡¯ business sentiment to improve in Q2 this year
Business sentiment among South Korea¡¯s small and midsized enterprises (SMEs) is expected to improve in the second quarter (Q2) this year, showed a study. SMEs¡¯ business sentiment index (BSI) outlook for Q2 this year logged well above the baseline (100) at 113, reflecting SMBs¡¯ optimistic bus.....

Industry Trends

Hyundai Mobis doubles eco-friendly battery output
South Korea¡¯s global leading carmaker Hyundai Motor Group is seeking the ways of penetrating Europe¡¯s hybrid car market by doubling the production capacity of the Uiwang plant owned by its affiliate Hyundai Mobis. The group¡¯s Uiwang plant currently produces 200,000 units of battery packs used .....

S. Korea completes nation¡¯s first RDF power plant
The Ministry of Knowledge Economy(MKE) revealed that the nation has opened its first refuse-derived fuel(RDF) power plant, which is built inside an industrial complex in Iksan, Jeonbuk Province. RDF is normally produced by using the shedding and dehydrating of the waste materials. The combined.....

Trade News

Exporters¡¯ outlook mixed amid prolonged uncertainties
South Korea¡¯s exports are expected to remain relatively stable in the second quarter (Q2) this year after two quarters of sluggish business conditions. The Institute for International Trade (IIT) under the Korea International Trade Association (KITA) said, Korea¡¯s export business survey index.....

S. Korea records $2.3 bil.trade surplus in March
South Korea accomplished a surplus in trade balance for two consecutive months, posting a $2.3 billion trade surplus in March. The nation¡¯s exports and imports declined 1.4 percent and 1.2 percent, from the previous year to $47.3 billion and $45 billion, respectively. Its trade balance reached .....

Tourist Attractions

Sejong Hotel
Just one hour from Incheon Int¡¯l Airport, Sejong hotel is located in Seoul¡¯s downtown corporate and governmental business district as well as in the heart of Myeongdong, the city¡¯s busiest shopping and entertainment area, and has spectacular views of beautiful Mt. Namsan. With its cozy atmosph.....

Introduction to KITA

About KITA & Its Main Activities
Founded in 1946, KITA is the largest business association and one of the most influential economic organizations in Korea, with 65,000 member companies and numerous offices in Korea and abroad. The organization¡¯s key roles are two-fold: providing support for member companies and working to remo.....

Expo Preview

Yeosu World Expo 2012 III
A blue stretch of ocean as a backdrop! Imagine how refreshing it will feel! Some events of EXPO 2012 Yeosu will actually take place right on the ocean. The signature space is the massive marine stage of The Big-O. Spectacular performances and events will be presented on this moving marine stage.....

Yeosu World Expo 2012 II
Perhaps overwhelmed by the vast number of attractions offered by EXPO 2012 Yeosu? Here are some tips to guide you: EXPO 2012 Yeosu offers a wide range of spectacles and attractions throughout the entire site beyond the exhibitions at the Theme Pavilion, the Korea Pavilion, and the International P.....

Yeosu World Expo 2012 I
What innovative designs will form a part of our everyday lives in a few decades? EXPO 2012 Yeosu will bring the future lifestyle into reality by using advanced technologies and imagination. A tapestry of the dreams of humankind embroidered upon the sea. Together, the exhibition pavilions and.....

 

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