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* Date : 2019-08-30

Money Monster Episode 65
Korean SMEs Taking Crisis as Opportunity

While Japan's export regulations are expected to hurt several industries in some areas, related companies and the government are putting forward their efforts to localize technology by strengthening the inner layers. Park Young-sun, Minister of SMEs and Startups said in her second round of interview that “the cooperation between large and SMEs is not only about materials, parts, and equipment of Korea-Japan relations, but also about rapidly changing technologies of the 4th industrial revolution.” Likewise, she has stressed the importance of connecting large corporations with startups. The reason why they were able to enforce the policy with one perspective is due to companies that have consistently developed their own technology independent of others. Korean corporations have already developed their own ball bearings and precision controlled reducers, and are expanding localization in parts and materials needed for gas piping, valve, and semiconductors. They have also invented a cable called PCT by using new materials, in which all encompass to technology that is above and beyond Japanese technology. Likewise, Korea is putting its effort to localize technology against Japanese export restrictions, and 'Money Monster' explores this phenomenon. 

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Quality Improvement Technology, Coating

Chemical material technology is one of the key technologies that determine national competitiveness! Coating technology improves the surface quality of products by coating a thin film on the material surface. So in order to improve the completeness of the product, you have to coat. Due to its importance, active research is also in progress. Coating technology is important in not only high-tech industry, but also in food industry. With the development of eco-friendly nano-coating techniques, technology that is able to maintain food freshness has emerged. By coating eggs like a spray, the coating time is much shorter and you can coat the desired area. Recently, Korean researchers have developed a coating film that can perform various functions. Unlike conventional coating film, it can block unnecessary heat and can implement various functions, such as, water repellency and pollution. Moreover, the company has developed a new process technology for the production of large-area coating film. In the past, it was difficult to coat large areas, but with current technology, it has become possible. Coating technology is also used very practically in everyday life. In particular, prevention of corrosion of old installations can be prevented. Thanks to coating, removing sticker marks and graffiti has become possible, improving the beauty of the city. We explore coating technology that is being applied to various industries and is gradually expanding its range.

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Pest Control Technology

Pests can affect the quality of crops and affect efficient livestock raising! Pests are a carrier of various infectious diseases that threaten the health of people. In order to minimize the damage made by pests, Pest Control Technology, a combination of many different technologies, is emerging in Korea. Many local governments are using digital mosquito meters to increase ability to respond to mosquitoes. This meter counts mosquitoes by releasing carbon dioxide and detect the size with infrared sensors as well. Information on mosquito outbreaks is counted by region, and sent to public health centers for use in effective control planning. Meanwhile, Smart traps are in full swing for farmers, who are the biggest sufferers. The device, which uses wavelengths to attract pests, draws, and captures the pests with its insect absorbing fan, is also eco-friendly because it produces its own power through the solar panel. It is also portable that you can move it to wherever the trap would be most useful. Moreover, not only livestock farms but factories that have many night shifts look for special LEDs. With the special LEDs, they produce certain wavelengths of light to drive out pests. We explore more about pest control technology that infuses various technologies to create a safer and more comfortable life.

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