S. Korean Companies to Reaffirm Their Competitive-Edge Status at CommunicAsia 2014

The upcoming CommunicAsia 2013, the largest-scale integrated ICT exhibition in the Southeast Asian region, will be a challenging venue, especially for South Korean companies.

The leadership of Korean ICT companies is growing in the global market, led by Samsung Electronics and LG Electronics, the nation’s premier ICT makers mainly focused on areas of communications, networking, information technology, digital media, mobile contents, etc. They are scheduled to display their flagship solutions, aiming to reaffirm their current status and competitive edge in the region.

There will be significant business outcomes for Korean companies – regardless of their sizes. Korean ICT companies have sought to find new growth engines by applying their existing sectors of strengths. Small but high-tech companies are trying to maintain their competitiveness in the niche areas, overcoming challenges from their larger competitors overseas.

Among small-sized but highly anticipated Korean solution providers, Hankyung I-NET is expected to make inroads with its flagship item of smart cooling racks as an extremely competitive green IT solution again following its promotion last year. Dasan Networks has also arranged several highly noticeable FTTx solutions including mobile backhaul pre-service aggregation router.

Some medium-sized but global top-level ICT-related companies including Moneual are successfully presenting big performance in the global markets – with preemptive release of market-leading products and creative approach strategies for the global market. In fact, Moneual after a considerable time of unique approaches – including avoiding “red ocean” areas that global ICT giants already had in the grip of hegemony could emerge as one of the three largest ICT companies that represent the Korean market.

With the recent most notable news of ICT-related market gains, especially in the area of TVs, Korean makers’ global market share in terms of sales volume is approaching 50 percent. Especially for the areas of large-sized TVs and UHD TVs, the areas where Korean companies overwhelm competitors’ market share level.

U.S. market researcher DisplaySearch recently said in a report that excluding cathode-ray tubes, Samsung Electronics accounted for 29.6 percent of the global flat TV market in the first three months of the year, marking an alltime high for any quarter. The South Korean tech giant also retained its No. 1 place in the global TV market for 33 consecutive quarters since 2006. LG Electronics recorded a market share of 16.9 percent. The combined market share of the two companies was 46.5 percent, meaning that almost one of every two flat-screen TVs in the world is
manufactured by Samsung or LG.

▶High-quality optical components
▶FTTx and mobile backhaul solutions
▶Digital wireless communication solution (transceiver)
▶Module-typed converter
▶New concept of DID system
▶STB platforms
▶Wooden mobile phone protection cases
▶Green IT solution

 
 
 
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