The World On arirang

The number of Korean SMEs is 3,060,882 accounting for 99.9 percent of total businesses and 15,102,747 employees are working for SMEs accounting for 90.2 percent of total employees (2015). SMEs are crucial as they are the bedrock and pillar of the Korean economy. Yet Korean SMEs are continuously facing challenges and concerns. Under the Fourth Industrial Revolution, the economic situation changes every single day. What solutions are the SMEs finding to navigate through the international trade market? 2018 ArirangTV produced [Korean SMEs, Taking a Second Leap Forward] as we visited and searched the potentials of Korean SMEs who are preparing to take another leap forward by pioneering the market with the spirit of taking challenges.

Episode 1 introduces the company Dagodamcha who is producing concentrated herbal tea powder solely made with natural ingredients and is building its competitiveness in the global tea market with its health tea. Dagodamcha continuously carried out research to develop extraction methods that can deliver the herbal ingredients' nutrition and efficacy to consumers. Dagodamcha uses Jerusalem artichoke extract as the powder's excipient. It developed a healthy granulated tea that is good for diabetes.

Since 2000, wellness has become a global trend. The second company for us to introduce is entering the blue ocean meeting the increasing demand for natural ingredients and healthy diets. Chang Cho Foods makes Hangwa, a traditional Korean sweet. The company is producing traditional Korean food with only organic ingredients. It makes its own grain syrup from scratch and produces gangjeong and yugwa with eco-friendly local agricultural products. Discover the philosophy and commitment of Chang Cho Foods to make healthy traditional food.

The last company to introduce is Embros who is actively entering the market with its convenient but safe detergent, as it understands the rising concerns of consumers about chemical substances. Embros paid keen attention to the fact that consumers are preferring products that have passed safety tests due to the humidifier sterilizer and radon bed scandals. After numerous tests, Embros launched Careprin Ssak, a new type of detergent that is both powerful and safe.

SMEs are striving in various fields. What stepping stones should be prepared for SMEs so that they can further expand their potentials in the global market? [Korean SMEs, Taking a Second Leap Forward] is searching for answers.