[Notice] SIMTOS 2014 Exhibitors News - Schedule of Move-in and Move-out, Apply badges, directory and final payment

Apply Admission Badges for Resident Exhibitors

Exhibitors can submit the application for admission badges for resident exhibitor due to Mar. 14th by email  (simtos2014@simtos.org).  Additionally, you should send “Scanning file of Resident Personnel by Name Card in English” by email.  If no business card such as interpreter and other contractor staff, we provide them “STAFF” badges.       How to pick up the badge at SIMTOS 2014?  (The place to pick up will be informed later)  Exhibitors at Kintex 1 : from April 06  /  Exhibitors at Kintex 2 : from April 07    ※Download the Application Form 2 The Schedule of Move-in and Move-out  Here is the schedule for Move-in and Move-out at SIMTOS 2014. If you have any request and question, please contact to Mr. Won Gok +82-2-562-8328 (simtos2014@simtos.org).    The schedule at Hall 1 ~ 5  in Kintex 1  ===>  [DOWNLOAD] The schedule at Hall 7 ~8   in Kintex 2   ===> [DOWNLOAD] The schedule at Hall 9 ~10 in Kintex 2   ===> [DOWNLOAD] Themed pavilion Kintex Hall Hall Manager Forwarding Contractors Metal Cutting & Die Mold Working 1 1~5  Mr. Sang-uk Jeon (82-2-3459-0050)  Korea Express (Mr. Dong-hee Lee) - Tel : 82-2-6919-6750    dhlee4@cj.net Sunjin Shipping & Air Cargo Co., Ltd (Mr. Jae-moon Yim)  - Tel : 82-2-2225-9541 expo@sunjinsa.co.kr MiRim E& F Corp. (Mr. Sung-kyun Kim)  - Tel : 82-2-569-7711   saint@mirimenf.com Parts, Materials & Motion Controls  Tools & Related Equipment 2 7~8  Mr. Yong-min Park (82-2-3459-0051)  CAD/CAM, Measuring System & Robotics,  Automation 9  Mr. Hong-kyu Hong (82-2-3459-0052)  Cutting-off & Welding, Press & Metal Forming 10 Application for Co-exhibitor (and Represented Company) Information Publicity in Official Exhibitors' Directory New optional application for Co-exhibitor information publicity in official exhibitors’ directory should be submitted annex form by Mar. 13rd by email  (yjcscpo@komma.org)    ※Download the Annex co-exhibitor information Application Form  ※Download the Annex represented company information Application Form Final Payment due date Mar. 14, 2014 The deadline of final payment including order of utility facilities and  stand rental fees was due by Mar 14th, 2014. If you pay in cash at the exhibition, you have to pay 10% VAT extra according to Korean Tax Law.   ※If you need to issue the Balance invoice again, please send e-mail to “Jey Yim (yjcscpo@simtos.org)" in return.

[KMTS ➅] Korea Automobile Production & Exports in 2013

Korean Car Export Amount Hits New Peak at US$48.7 Bil.

The Ministry of Trade, Industry and Energy (Minister Yoon Sang-jick) has announced that based on the preliminary estimates, production of cars decreased by 0.9%, and exports and domestic sales decreased by 2.7% and 0.3%, respectively, in 2013.

The production volume was 4,521,638 units in 2013, a year-on-year decrease of 0.9% and a second consecutive year of declining production, due to major manufacturers’ closing on weekends and partial strikes, which have caused a production loss of 200,000 units, coupled with poor sales.

The export volume for 2013 was 3,086,394 units, a year-on-year decrease of 2.7%, and recorded a decline for the first time in four years since 2009 due to the high won and low yen trend, expanded global uncertainties and supply problems of major manufacturers. Nevertheless, the export amount of finished cars (based on MTI 741) reached a record-high level of USD 48.7 billion with a year-on-year increase of 3.1%, thanks to growth in the market share of large passenger vehicles and RVs.

By region, exports of Korean cars were robust in the US market, which has shown a stable economic recovery, and grew in the EU and in Asia, reflecting the economic growth. However, exports declined in Latin America and Eastern Europe due to expanding local production. In China, which accounts for half of all exports to Asia, exports grew by 13.2%, prompted by growing demand caused by the urbanization of inland regions.

By vehicle type, light vehicles with high fuel efficiency thrived due to global economic uncertainties, while large vehicles grew thanks to an improvement in the brand image of Korean cars. SUVs and CDVs have also recorded growth as global demand has grown. Mid-sized and small-sized vehicles decreased as Japanese manufacturers recovered their competitiveness and adopted an aggressive sales promotion strategy, making the most of the low yen.

2013 domestic sales was 1,537,590 units, showing a slight year-on-year decrease of 0.3% and a second consecutive year of decline, due to delays in the economic recovery and advance demands in the 4th quarter of 2012 prompted by individual consumption tax cuts. Despite the launch of popular new SUVs and CDVs, the growing demand for light commercial vehicles and active marketing from the industry, mid-sized, light and small-sized vehicles have seen a decline due to the overall market demand decline and the aging of key models.

Sales of imported cars was 156,497 units with year-on-year growth of 19.6% as diverse new vehicles with a focus on the below-2,000cc class were launched and demand among consumers in their 20s and 30s grew. Over 10,000 units were sold monthly throughout the year.

Meanwhile, the domestic automobile market increased production by 4.3%, exports by 4.5% and domestic sales by △6.9% in December 2013, compared to the same month in the previous year.

[KMTI] Navigating Major End-User Industries : Automobiles

Korea's Automobile Sales Down at Home; Up Abroad in '12

Sale of Korean automakers in 2012 slightly decreased in the domestic market as a result of reduced production due to a shrinkage of consumption sentiment and delayed settlement of wage and CBA (Collective Bargaining Agreement) negotiations.

In contrast, exports increased slightly, recording 3,169,689 units in 2012 compared with 3,51,708 in 2011.

This year, domestic automobile demand is seen to remain bearish, staying in the neighborhood of 1.4 million units, while exports are expected to rise to 3.3 million units, a 3.1% increase over last year.

According to the 'Automobile Industry Trends in 2012' announced on January 10 by the Ministry of Trade, Industry & Energy (MOTIE), automobile production and domestic demand totaled 4,558,160 units and 1,541,715 units, respectively, down 2.1% and 2.4% year-on-year.

The ministry analyzed that domestic demand slowdown and occurrence of partial strikes caused by unrest in labor-management relationships had affected a delay in supply and led to the production decrease in 2012.

In fact, production in the 3rd quarter of 2012 fell to 935,520 units, down 13.9% from 1,205,440 units in the 2nd quarter, serving as a key factor in the annual total production contraction. Domestic sales were converted into a declining trend in four years since 2008 due to consumption sentiment shrinkage following the high oil prices and household debt increase amid domestic economic depression.

Despite export decreases to certain regions, including the EU, however, however, exports increased 0.4% to 3,165,689 units centering on the United States and emerging countries and maintained the previous year's level. Exports to the U.S. market, notwithstanding the fiscal cliff threat in the country, increased 18.4% owing to a steady recovery of demand for automobiles and enhanced quality competitiveness of Korean cars.

In December last year, meanwhile, production and exports of the Korean automobile industry decreased year-on-year, while domestic sales increased. Exports fell 10.3% to 270,336 units due to a decrease in the supply volume responding to the volume for domestic demand, etc