Thursday, March 10, 2016

[SIMTOS Story] Seven Tips how to Enjoy SIMTOS 2016

[SIMTOS Monthly] SIMTOS 2016 Travel Service for SIMTOS Customers

SIMTOS 2016 Travel Services for SIMTOS Customers

SIMTOS 2016 has finished building online reservation system to provide convenient travel services for SIMTOS 2016 customers.

You could not only make reservation regarding accommodation and flight tickets   but also offered a hotel room with special rate from  April 1st ~ 24th, 2016.

 Right now you could make the reservation at SIMTOS website.
Please refer to the below information to use online reservation system.

Main Offering Service
   - Flight and accommodation reservation (Online) with special rate from April 1st ~ 24th, 2016
   - City tour for foreign exhibitors & visitors
   - Shuttle bus service between KINTEX and hotels 
      * At least 2 times during the exhibition (April 13th ~ 17th, 2016)

Process of reservation for accommodation and flight

·Reservation for accommodation
[STEP1] Visit SIIMTOS2016 official website (
Click Business Trip to SIIMTOS → Click Accommodation
[STEP2] Check Official Hotel List and Information (Distance, Room rate, Breakfast, etc.)
[STEP3] Click Booking and Next. Enter information required
(Name, Nationality, Passport number, Date of check-in & out, Tel, E-mail, Shuttle bus)
[STEP4] Click Submit and Buy now (connected to PayPal)
*If impossible, submit hotel application and send it to
[STEP5] Receive the voucher via E-mail
*If you do not receive the voucher, please call +82-70-7099-6287
[STEP6] Present the voucher when check-in
   ·Reservation for flight
[STEP1] Visit SIMTOS2016 official website (
Click Business Trip to SIIMTOS → Click Accommodation
[STEP2] Click Airline Ticket
[STEP3] Enter information required (Name, Nationality, Passport number, Date of birth, Date of expiry, Tel, E-mail)
* Please do not forget to upload the copy of passport
[STEP4] Click Reserve
[STEP5] Receive itinerary and Rules & Regulations
[STEP6] Issue the flight ticket when the customer's request and the itinerary is identical
[STEP6] Receive e-ticket

   ·Official Travel Agency service center (Ujin tour & Adventure Travel)

 Service provided
Business hours
Reservation for accommodation
09:00 - 18:00
 (Korean time)
Reservation for flight
City tour

If you have any questions and problems, feel free to contact SIMTOS 2016 official travel agency, Ujin tour Joy & Adventure Travel.

[SIMTOS Monthly] Visit Online Matchmaking4U and Enjoy!

Visit Online Matchmaking4U and Enjoy!
-Renewal Matchmaking4U-

 Matching program that open on 1st Feb. 2016 is very popular to not only exhibitors but also visitors. About 80% of exhibitors and more 2000 visitors completed registration for marketing information such as company name, e-mail, phone, interesting products, main customers and etc to participate in Matchmaking4U. 

 SIMTOS 2016 Matchmaking4U completed 1600 matching that is much more 1085 in SIMTOS 2014. 500 of them confirm the meeting in SIMTOS 2016. What is competitiveness of Matchmaking4U? SIMTOS official secretariat said four differentiation.

 First differentiation is effort to improve matching rate. Secretariat researches marketing information such as industry, interesting products, website, main customers and etc to exhibitors and visitors. The information is needed when matching. 

 Second differentiation is to boost quality of meeting. They improve quality of meeting by dividing interesting products(handling products) from two steps to three steps. Visitors could meet exhibitors who are proper for them.

 It’s possible to arrange the meeting with companies who want to meet anytime because SIMTOS secretariat would keep running Matchmaking program( after SIMTOS 2016 to develop oversea market and build relationship between exhibitors and visitors. That’s third differentiation.

 Forth differentiation is consideration for visitors. SIMTOS would provide participants in Matchmaking4U with services like the meal and transportation fee. Also oversea visitors who are invited from exhibitors could be offered expense in case of more 3 times matchmaking.  

 SIMTOS plans to start scheduling to success Matchmaking4U in March. Also they would build timetable for that participants could manage meeting and confirm meeting time.

Wednesday, March 9, 2016

Korean Machine Tool Market Trend in January

Machine Tool Market Status (January, 2016)

 (Orders) 16. January Machine Tool Order 1,583B(MoM -18.9%, YoY -73.3%)
o (Domestic Orders) 1,165B(MoM -2.9%, YoY -18.0%), 
   (Export Orders)
 471B(MoM -44.5%, YoY -90.7%)

o (By product)
NC Metal Cutting(
1,388B, MoM -11.6%)
Metal Cutting (
82B, MoM -0.1%), 
Metal Forming(112B, MoM -62.4%), 

o (By industry)
451B, MoM +33.8%),
Nonferrous Metal(85B, MoM +74.5%), 
Machinery(218B, MoM +7.2%), 
ElectronicsIT(139B, MoM -50.0%)

*Metal products(112B, MoM +0.9%), ShipbuildingAviation(31B, MoM -48.6%),
 Precision Machinery(
11B, MoM +57.7%)

 (Production) 16, January Machine Tool Production 1,904B(MoM -17.9%, YoY -37.8%),
   Shipment 1,552B(MoM -42.3%, YoY -43.7%)

 (Exports, January, '16) $123M(MoM -43.0%, YoY -22.1%)

- By Region
Asia($59M, YoY-46.6%), North America($22M, YoY -0.6%), Europe($22M, YoY -53.2%), Central and South America($18M, +43.0%)

*ratio of Exports(
16.Jan.) by region : Asia(48.0%), Europe(17.9%), North America(17.9%)Central and South America(14.6%)

 (Imports, January, '16)$75M(MoM -35.5%, YoY -29.4%)

- Asia($46M, YoY -34.6%), North America($3M, YoY -54.8%),
 Europe($26M, YoY -33.9%)

*ratio of Imports(
16.Jan.) by region : Asia(61.3%), Europe(34.7%), North America(4.0%) 

* : Korea Won, $ : US dollar, B= Billion,  M=Million