Vein Viewer

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[INQ. NO. 2603E04] MAJUTECH Inc., a company specializing in vein-viewer systems, is accelerating its expansion into global markets while strengthening its presence in domestic medical settings with its flagship product, the infrared vein viewer VeinVu 200.
Founded in 2015, MAJUTECH has advanced its vein-visualization technologies through more than 20 years of accumulated medical device development experience and continuous R&D, aiming to expand its business beyond simple vein-detection devices toward vascular analysis equipment.
VeinVu 200 is a medical device that uses infrared-based vein-imaging projection technology to clearly display vascular structures on the skin surface. In particular, its HD mode enables visualization of fine veins, while the Line mode intuitively highlights the centerline of veins, allowing medical professionals to quickly and accurately identify optimal sites during intravenous injections or blood collection. These features help reduce procedural burdens for clinicians and alleviate patient discomfort, especially among pediatric patients, older adults, and individuals with difficult venous access.

MAJUTECH is currently expanding the supply of VeinVu 200 primarily to university hospitals, general hospitals, and specialized hospitals in Korea. Leveraging performance, quality, and price competitiveness, the company is gradually strengthening its market position even while competing with global-leading companies.
In overseas markets, MAJUTECH has begun sales in approximately 20 countries, securing a stable export base through exclusive distribution agreements of three to five years in some regions. In addition, with the completion of European MDR registration, the company is progressively expanding into multiple European countries.

Building on the success of VeinVu 200, MAJUTECH is also preparing next-generation product development that extends beyond vein visualization to include technologies such as blood flow velocity measurement and vascular guidance functions. From 2026 onward, the company plans to sequentially introduce new medical device lineups, aiming to evolve into a specialized provider of comprehensive venous and vascular solutions.
 
 
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Potential Generator

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[INQ. NO. 2603E03] REGENTECH, founded in January 2019, has grown from its roots in the distribution of medical devices and health functional foods. Initially, the company focused on the distribution of potential generators (electrotherapy medical devices) and identified market needs through communication with consumers.
In December 2021, the company established a production facility in Hanam, Gyeonggi Province. The company launched its upgraded potential generator, the ELCURE 1000, and officially entered the medical device manufacturing market.
Currently, the ELCURE 1000 has been installed in approximately 40 medical institutions in Korea, with over 100 units sold, providing pain relief and therapeutic benefits to numerous patients. Meanwhile, the company is steadily expanding its presence in the global market, with three units sold in both the USA and China, respectively.

Non-invasive Electrical Stimulation Medical Device
The ELCURE 1000 is a non-invasive electrical stimulation medical device utilizing high-voltage microcurrent technology. It provides solutions that help improve blood circulation, relieve pain, and promote cell regeneration.
Equipped with a display that allows users to monitor microcurrent levels in real time, it is effective in alleviating various pains ― including muscle pain, joint pain, and neuralgia. Certified as a Class-2 medical device by Korea’s Ministry of Food and Drug Safety, it boasts practicality and convenience, making it accessible to both medical professionals and general users.
REGENTECH plans to expand into the global market, targeting countries with large medical industries, such as the USA, China, and Japan. As a leading player in high-voltage electric potential therapy, Japan is attracting attention as a key market for testing the potential of its products.

“We provide technologies that activate the body’s natural healing abilities to assist in cellular regeneration, without resorting to artificialor chemical compounds or treatments.We hope that through our research and development of medical technology-intensive productsand services, provided safely and conveniently, we will be able to help many people,” commented the company’s CEO.
 
 
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Korean Exporters Relentlessly Marketing Competitive Export Items

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Korea’s exports in February reached $67.45 billion, a 29.0% increase from the same month last year.
Semiconductors were the driving force behind Korea’s exports, reaching $25.16 billion in February, showing a remarkable 160.8% increase compared to the same month last year. This is in fact the highest monthly figure ever recorded. Semiconductor exports have remained above $20 billion for three consecutive months due to excess demand stemming from increased investment in artificial intelligence (AI), and the resulting surge in memory prices

In February, only five of Korea’s 15 major export items, including semiconductors, saw an increase in exports. Computers, wireless communication devices, ships, and biohealth were these items that saw export growth. Conversely, exports of automobiles and auto parts declined due to the Lunar New Year holidays. Exports of general machinery, petrochemicals, and steel also saw declines.
By region, exports increased in seven of the nine major export regions. Exports to the United States reached $12.85 billion, a 29.9% increase, marking the highest February performance ever. Exports to China also increased by 34.1% to $12.75 billion due to higher demand for semiconductors.

Following these achievements, Korean export manufacturing companies are continuously developing and launching new products. Companies are making every effort to achieve their export performance goals for this year, and are strategically engaging in research and development and market development.
MAJUTECH has advanced its vein-visualization technologies through more than 20 years of accumulated medical device development experience and continuous R&D, aiming to expand its business beyond simple vein-detection devices toward vascular analysis equipment.
At SEMICON KOREA 2026, SAMICK THK exhibited its NX-mobile AMR, an autonomous mobile robot (AMR) that combines a multi-joint robot with a humanoid-shape. The product performs various tasks based on a multi-joint robot. Two cameras mounted on the robot head provide three-dimensional perception of the surrounding environment, while hand cameras at the end of each joint capture the shape of the workpiece.

Union Medical recently showcased its key product lineup targeting the aesthetics and skincare markets, focusing on high-power laser equipment. Last year, it showcased the technological prowess of its existing products to both domestic medical professionals and international buyers.
 
 
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Voice-based AI Nursing Solution

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[INQ. NO. 2603E02] CareMinder recently showcased its advanced patient voice-based Artificial Intelligence (AI) nursing solution CareFlow, at the Consumer Electronics Show (CES) 2026 in Las Vegas, USA.
CareFlow collects patient requests via voice and uses AI to distribute them to appropriate caregivers. It also automatically creates a patient questionnaire based on the patient’s voice. The company described it as an integrated nursing solution for hospitals.
At CES, CareMinder met with hospital officials in the United States to discuss practical applications, and also held an investor relations (IR) pitch session for attendees.
A company spokesperson explained, “Given that the nursing shortage is a global issue, not limited to a specific country, there was strong interest in CareFlow from overseas hospital officials.”
Meanwhile, CareMinder participated in Singapore’s SWITCH 2025 to lay the groundwork for its overseas expansion. The spokesperson for the company added, “We are currently pursuing full-scale global expansion, including preparing agreements for local launches.”
The voice-based AI nursing solution CareFlow consists of CareVoice, which collects and delivers patient requests via voice from hospital beds; CareLink for remote monitoring and management; and CareForm, which automatically inputs medical questionnaire charts via voice.

 
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Robotic Hand Platform

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[INQ. NO. 2603E01] Wonik Robotics introduced its robotic hand platform, the Allegro Hand, at SEMICON KOREA 2026, recently held at COEX in Seoul.
During this exhibition, Wonik Robotics demonstrated three products ― the V4, V5 Plus, and V5 Sense. The V4 demonstrated handling of irregular objects based on artificial intelligence (AI). It learned spheres, rectangular parallelepipeds, and cylinders through simulations, and based on this learning, it was able to perform rotational movements with irregular objects that had not been learned.
The V5 Plus features pressure sensors at its fingertips, enabling it to grasp and hold objects with appropriate gripping force. The V5 Sense also features pressure sensors in its finger joints and palm. This allows for stable force control and allows for monitoring of contact with objects.

“Our Allegro Hand is a research and development platform, primarily targeting universities and corporate research labs,” explained a spokesperson for the company, adding “The V5 Sense, scheduled for release this year, can provide more detailed contact and pressure data than existing products, which is essential for research.”
Wonik Robotics is a robotics automation specialist that realizes industrial automation through its in-house developed autonomous mobile robots (AMR/AMMR) and robotic hands (Allegro Hand), based on advanced robotics engineering and AI technologies.

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K-Security Recording Prosperity

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Korea Startup Centers supporting overseas expansion of Korean startups

QuaeryPie, a Korean security solutions company that entered the Japanese market with support from the Korea Startup Center (KSC), is being kept busy responding to requests for collaboration from Japanese companies. It recently signed a supply contract with leading Japanese IT and manufacturing companies such as TerraSky, Payroll, and Toyota Motor Corp.
KSC, supervised by the Ministry of SMEs and Startups and operated by Korea SMEs and Startups, is serving a role as a significant stepping stone for domestic artificial intelligence (AI) and data startups to expand overseas. It supports the settlement of companies that do not have enough capital and excellent manpower, and are hampered by their lack of understanding of local policies and systems.

According to the Ministry of SMEs and Startups, 104 of the 119 KSC-supported companies, or 87.3%, succeeded in entering overseas markets last year. Overseas sales they generated through this amounted to KRW 105.9 billion and investment attraction reached KRW 580.5 billion.
KSC has five offices in Seattle, USA; Hanoi, Vietnam; Tokyo, Japan; Paris, France; and Singapore. KSC Tokyo is located in Toranomon, Minato Ward, Tokyo, which is a densely populated area with Japanese financial institutions, public institutions, and major corporate headquarters.
Shaple&Company, a provider of software-as-a-Service (SaaS)-based field work efficiency solutions, also successfully entered the Japanese market with KSC’s assistance. In particular, KSC’s active support has become a big help in expanding its business by forming bridges with large company partners such as Hyosung Japan and Samsung Japan.

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LG Electronics Maintains No. 1 Ranking in U.S. Home Appliance Market for Second Year

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Six home appliances record 22% market share
LG Electronics wins the top spot in refrigerators for the first time

LG Electronics maintained its No. 1 position in the U.S. home appliances market last year following 2024. In particular, the company has expanded its market share by ranking No. 1 for the first time in refrigerators, exceeding washing machines and dryers, which had performed strongly last year.

According to U.S. market research firm TraQline and others, LG Electronics ranked No. 1 for two consecutive years, achieving a 22% market share in six major home appliance categories last year, based on sales.
Most noteworthy this time is refrigerator sales. In addition to washers and dryers, its flagship products so far, LG Electronics achieved a 24.3% market share and took first place even in refrigerators, surpassing competitors like Samsung Electronics, General Electric (GE), and Whirlpool. This marks the first time LG Electronics has ranked first in the U.S. refrigerator market.
LG Electronics is also stepping up efforts to expand its performance in the U.S. home appliances market to business-to-business (B2B) areas such as commercial washers and the construction (builder) market. It has signed a supply contract with CSC Service Works, North America’s No. 1 laundry solution company that operates about 1.5 million commercial washers across the United States and Canada. It is also expanding its customer base by supplying commercial washers to various residential environments such as university dormitories and multi-family housing.

 
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Samsung Electronics Reclaims No. 1 Position in Global DRAM Within a Year

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Market share reaches 37%

Samsung Electronics has regained the No. 1 position in the global DRAM market from SK Hynix in a year. This is because the company has recaptured competitiveness in the high-bandwidth memory (HBM) market, and related sales have increased due to rising prices of general-purpose DRAMS.

According to market research firm Omdia, the global DRAM market reached USD 52.47 billion (approximately KRW 76 trillion) in the fourth quarter of last year, representing a USD 12 billion (approximately KRW 17 trillion) increase from the previous year. The sharp rise in DRAM prices has significantly expanded the market size itself. Samsung Electronics’ DRAM sales increased by 40.6% from the previous quarter to a total of USD 19.156 billion (approximately KRW 27.7 trillion). Its market share rose 2.9% points to 36.6%, reaching the No. 1 position.
During the same period, SK Hynix’s DRAM sales increased 25.2% to USD 17.226 billion (approximately KRW 25 trillion), but its market share fell slightly from 34.1% to 32.9%, dropping to second place. After SK Hynix gained the 1st ranking in the HBM market in the first quarter of last year thanks to increased sales, the ranking returned to its original position a year later.
It was the first time in 33 years that the top rank in the DRAM market changed since Samsung Electronics won the global No. 1 ranking in 1992. Since then, SK Hynix has taken the top spot for three consecutive quarters, until the third quarter of 2025, based on Omdia data.
Samsung Electronics’ significant sales growth in the DRAM market is driven by the overall rise in general-purpose DRAM prices. According to Counterpoint, the prices of DRAM for servers in the fourth quarter of last year rose by 76% compared to the previous quarter, and are expected to rise 98% in the first quarter of this year as well. Samsung Electronics benefits more from rising DRAM prices because it produces much more general-purpose DRAMs than SK Hynix.
Samsung Electronics delivered HBM4 first, which will be supplied to NVIDIA this year, but SK Hynix is expected to gain the upper hand in overall supply. Samsung Electronics started supplying HBM4, capable of up to 13Gbps (13Gbps per second), in February.
SK Hynix is expected to begin supplying products in the first quarter. However, given its lead in production and yield, the market expects SK Hynix to take up approximately 50% of the total HBM4 supply, with Samsung Electronics accounting for 20%.

 
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LS Electric Expands U.S. Plant to Meet Higher Demand for Power Grid

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HD Hyundai and Hyosung Heavy Industries are also taking a step forward

LS Electric is making an additional investment in its high-voltage distribution board plant in Enoch, Utah, USA. Korean power equipment companies are rapidly increasing their exports and local production in the United States.
According to an industry source, LS Electric recently signed a contract with Utah to invest an additional KRW 200 billion in its high-voltage power distribution board plant in Enoch.
Its goal is to increase the current operating capacity of KRW 50 billion, to up to KRW 150 billion and expand the factory site from approximately 13,223m2 to about 79,338m2. It aims to start construction for expansion within the first half of the year.
LS Electric plans to increase the yield and quality of its plant to the level of its plant in Cheongju, the largest in Korea. Utah is expected to offer ‘Rural Economic Development Tax Increment Financing (REDTIF)’ benefits for this investment.
The reason for the factory expansion is the demand from U.S. big tech companies for high-voltage distribution boards for AI data centers.

In response, domestic power equipment companies, including LS Electric, are continuously increasing their investments in the region. HD Hyundai Electric intends to construct a second plant in Alabama, while Hyosung Heavy Industries plans to expand its ultra-high voltage transformer plant in Memphis, Tennessee, to the largest in the United States.

Due to the overwhelming demand for power equipment in the U.S. market, not only local production but also exports are increasing. According to the Ministry of Trade, Industry and Energy, exports of electrical equipment, including voltage regulators, cables, and circuit breakers, totaled USD 16.7 billion last year, a 7% increase from USD 15.6 billion in 2024. Exports are expected to reach USD 17.7 billion this year, a 6% increase from the previous year.
 
 
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Seoul’s Creative Heart

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Seongsu-dong From Factory Floors to Seoul’s Creative Heart

Seongsu-dong’s transformation from an industrial backwater into one of Seoul’s most vibrant cultural districts stands as a defining example of urban regeneration. Once packed with shoemaking workshops, auto repair shops, and small factories, the neighborhood has evolved into a creative hub of fashion, cafés, technology firms, and experiential retail. Rather than erasing its past, Seongsu-dong rebuilt its future on preserved red brick warehouses, turning industrial heritage into cultural capital

The Industrial Roots That Shaped the Landscape
Seongsu-dong began its rise in the 1960s and 1970s when it was designated a semi-industrial zone. Shoemakers migrated here from central Seoul as rents climbed, and over time the district became South Korea’s main handmade shoe production cluster, housing more than a thousand workshops at its peak.
The neighborhood’s identity was defined by low rise red brick factories built for efficiency and durability. Their wide interiors and high ceilings were originally meant for machinery but later proved perfect for galleries, cafés, and creative studios. What was once purely functional architecture became the backbone of Seongsu-dong’s revival.

Saving Brick Buildings Instead of Replacing Them
While much of Seoul redeveloped into glass towers, Seongsu-dong’s industrial decline in the late 1990s preserved its factory structures. Large scale demolition never arrived, leaving behind a landscape of aging but character rich warehouses.
In the early 2010s, artists and entrepreneurs moved in, drawn by affordable rents and raw industrial aesthetics. Local government later reinforced preservation through programs encouraging red brick restoration, ensuring that new development would complement the historic look rather than erase it.

Seoul Forest and the Rise of a Creative Lifestyle Zone
The opening of Seoul Forest in 2005 accelerated Seongsu-dong’s transformation. The massive urban park dramatically improved livability, attracting residents, startups, and visitors. Shared offices and social enterprises settled nearby, bringing in young professionals who blurred the line between work and leisure.
Cafés, boutiques, and restaurants soon clustered around the park, creating a walkable lifestyle district where green space met creative commerce. Seoul Forest became both a recreational hub and a catalyst for cultural growth.

Repurposed Landmarks That Defined the New Identity
Iconic reused buildings anchored the neighborhood’s cultural reputation. Daelim Changgo transformed a former warehouse into a gallery and fashion venue, preserving raw brick walls and steel pillars as design features. Café Onion converted a decades old factory into one of Seoul’s most photographed cafés, keeping its worn textures and industrial charm.
LCDC Seoul pushed repurposing further by merging old auto shops and shoe factories into a multi level cultural complex built around a shared courtyard and rooftop views. These spaces showed how industrial heritage could become immersive cultural environments.

From Trend District to Global Retail Playground
By the mid 2020s, Seongsu-dong had become Seoul’s trendsetting epicenter. Global luxury brands launched experiential concept stores here, choosing the area’s youthful creative energy over traditional upscale districts. At the same time, pop up shops appeared constantly, transforming warehouses into short term showcases for fashion, beauty, food, and art.
This fast rotating retail culture turned the neighborhood into a living exhibition space where visitors encountered something new each week, fueling its reputation as Seoul’s most dynamic hotspot.

Balancing Growth With Tradition
Major corporations soon followed, relocating headquarters and building smart office complexes in Seongsu-dong. The district evolved into a new business hub alongside its cultural fame. However, rapid success pushed rents upward, forcing many traditional artisans, especially shoemakers, to leave.
To protect local character, authorities introduced sustainable development zones, limited franchise expansion, and revitalized Handmade Shoe Street as a cultural attraction celebrating the district’s roots.

A Future Built on Old Bricks
Looking toward 2030, large redevelopment projects aim to turn Seongsu-dong into a global innovation district with startup campuses and mixed use towers. Yet its greatest strength remains the coexistence of old and new. Red brick factories stand beside tech offices, and artisan workshops operate near luxury boutiques.
Seongsu-dong’s story proves that urban renewal does not require erasing history. By embracing its industrial past and adapting it for modern life, the neighborhood has become one of Seoul’s most authentic and dynamic districts, where creativity grows from the foundations of heritage.
 
 
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