Wednesday, August 21, 2013

[KMTI] Navigating Major End-User Industries : Highlights of Korean Industrial Policies in 2013

Nexus of Convergence, Creativity & Connectively

In pursuit of blossoming a Creative Economy, the Ministry of Trade, Industry & Energy (MOTIE) has unveiled an industrial policy package focusing on convergence, creativity & connectively.

The package focuses on three major areas - cultivation of leading-type new industries, structural advancement of key industries through convergence, and renovation of labor-intensive traditional industries - each with supporting tasks.

Under the ministry's program to cultivate leading-type new industries there are three tasks.

The first is to foster new convergence industries for people's happiness - safety, health, convenience, and culture - enhancing quality of life and creating high-quality jobs.

The plan calls for cultivation of 'Four New Convergence Industries" through organization of an inter-ministerial cooperation & convergence policy committee by September.

The first of the four convergence industries is safety. In this sector, the projects include disaster & calamity monitoring and lifesaving robots. The second industry, health, will develop smart medical equipment. Convenience, the third convergence industry, will feature smart electrical home appliances and home control service. The final industry in the program, Culture, will concentrate on 3D holography tech grafting digital performance & fashion, etc.

In support of the cultivation of leading-type industries, the ministry will pursue the establishment and promotion of 'Pan-Ministerial Improvement Methods Targeting Hardships & Restrictions Related to Convergence' to identify and improve 'partition-type' restrictions that undermine the creation of new convergence industries. This project will fall under the Industrial Convergence Development Committee to be set up in the first half of this year.

The final task under this program is to nurture creative & convergence-type core talents who can take the lead in convergence at industrial sites, including identification and planning of new convergence businesses and market exploration.

Under the program to achieve structural advancement of key industries through convergence, MOTIE identified two tasks.

The first task is to spread IT convergence through next-generation mainstay products, such as smart cars and offshore plants. This task will seek to develop green ships and build related infrastructures, preoccupy smart car technologies, develop technologies to enhance green car functions, and develop and commercialize core IT-converged offshore plant equipment & parts.

The second task is to expand investment in intelligent-type materials & parts and embedded software, the core of convergence competitiveness, and grow related industries. Here the focus will be on preparing 'First-Mover-Type Materials & Parts Development Strategies' by the end of 2013, promote 'Embedded SW-So-HW' linked-type convergence R&DB, and establish a 'Semiconductor 4.0 Strategy.'

Under the program to renovate labor-intensive traditional industries, the ministry has laid out two tasks.

The initial task is to nurture formerly labor-intensive traditional industries, like footwear, apparel, etc., into urban-type industries and promote convergence of living goods, including hanji (Korean paper), porcelain and jewelry, into famous brands. Under this task, MOTIE will work to identify projects for exchange and cooperation in footwear and textile industries by July, promote R&D of non-sewing footwear manufacturing processes & new materials and build urban-type, high-tech production facilities. The final task under this program is to improve the working environments of root enterprises, upgrade processes through IT convergence, promote automation projects and designate specialized industrial sites for establishment of jointly-utilized infrastructures like sewage & wastewater treatment facilities.

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