New Service Introduction
Business Consulting Center(BCC) Korea
April, 2018 Dr. Sung-Bin Yoon, Simon lee
Table of Contents
Why Korea
Why Invest in Korea?
According to a survey of 3,410 foreign companies, it was revealed that market penetration and growth potential of the market were the most attractive factors for FDI in Korea The reason why invest in Korea?
Why Invest in Korea? 39.5
15.1 10.9 7 . 7 Local market penetratio n
Market growth potential
Global network Innovative environm ent
Source) KOTRA(Korea Trade-Investment Promotion Agency), FDI Survey 2017
4.5
Highquality manpowe r
3.5 Productiv ity efficiency
3.2 Govornm ent Incentives
Attractiveness of Korea 1
2
Strategic location
Located between China and Japan, A gateway to Northeast Asia Within a 3-hour flight distance from 147 cities with a population of more than 1 million
Presence of global firms There are Korean firms leading global industries in the areas of mobile devices, appliances, chips, displays, bio fields a Foreign firms supply their products to Samsung, LG, SK and Hyundai.
3
Smart consumer market
As Korean consumers are very sophisticated, many companies choose Korea as a test-bed market. Fashion, beauty care and tech firms tap the Korean ma
4
Advancement in ICT
In 2015, Korea was ranked first in the International Telecommunication Union’s annual ICT Development Index (IDI). Korea is active in ICT convergence across d
New Trend of FDI Korea
Foreign direct investment to South Korea hit an all-time high of US$ 23 billion in 2017, up 7.7-percent from
the previous year. It is mainly due to the increase in tech investment related to the so-called 'Fourth Industrial Revolution' such as auto parts, drones, new materials, secondary batteries and robots. In addition, rising investments in the services sector such as real estate as well as wholesale and retail sales contributed to the surge of FDI. A lot of FDI was made in areas where advanced foreign technology was mixed with Korea’s great IT infrastructure such as big data, fintech and mobile platforms. By country, the United States’ FDI in Korea inflated 21.5% to US$7.06 billion, while Japan 47.9% to US$1.84 billion. In particular, the UAE reported an investment of US$1.01 billion in a hotel and convention center in Gangwon Province in the fourth quarter.
Table of Contents
Korea’s New Industries
Mega Trend of Korea Industries With the wave of 4th Industrial Revolution, mega trend of Korea industries are summarized as 3S 1P (Smart, Servitization, Sustainable and Platform) 3S 1P
Trends
1
Smart
2
Servitization
3
Sustainable
4
Platform
New technologies such as IoT, Big data, AI and etc.
It makes all the things and human connected and intelligent Smart factory, smart home, smart city, and etc.
From product to combination(product + service) or service oriented Service as differentiated advantage and value creation Car makers are adopting mobility service (smart car service)
Global environment regulations are tightening It promotes environment friendly innovation (ex. energy efficiency) Green tech and new materials are emerging as new industry
Connection and integration of product/service can create new value IoT and AI are used for establishing platform business
Ener gy
Emerging New Industries Smart
Servitization
Sustainable
Platform
New Industry focus Shipbuilding Automotive Electronics Machinery
Smart Self driving shipbuildi car ng yard IoT electronics Manufacturing robot
Pharma/Medical
Medical device
Aviation
High tech plane
Energy Industry Steel/Petrochem/Fiber High tech New materials
Smart meter Smart steel mill
Renovation/Repai Mobility r/ Design service O2O service Service robot Medical big data Surveilance /Agri service
ESS service
LNG ship Electric Vehicle Energy demand management Smart factory Remote medical service Logistics, Ocean manag’t
Renewable energy Ultra light materials
ShipEV to Shore OS
Smart Green Ship Electric Vehicle
Smart home
IoT Electronics
Integrated operation Digital healthcare Servic e convergen
Eco-energy town
Robot Bio healthcare Aviation Drone
Energy new industry
Consumer product
Customized cosmetics
Material/component
Emerging New Industries Contents
Device simulator
Medical, fashon
Medical experience service
Agri food
Test/Education/ Training
Mobile shopping
Premium consumer product
Convergence business
AR/VR Display
Flexible OLED
Semiconductor
Intelligence semi
Medical/VR Demand related Consigned Design, Foundry
Eco-Signage Low power semiconductor
Next generation Display Next generation semiconductor
Table of Contents
BCC Services
Our Services
Investment Environment Analysis
Market Research and Strategy
Feasibility Study
Business Plan (summit to local authorities)
Deal sourcing & Due diligence (for M&A, any transaction)
Brokerage, Agency, Partner matching
Our Team
Our Team Name
Simon lee(Zhang Dong)
Name
Sung-Bin Yoon, ph.d
Career
Career
Partner of Business Consulting Center at QYR Managing Director of InnoResearch Global L.C. Adjunct Professor of Seoul School of Integrated Sciences & Technologies Former consultant of KPMG Korea
Director of QYResearch Partner of Business Consulting Center at QYR 15 Years Market Survey and Research Know well of China US market
Name
Mark Liu
Name
Tang Xin
Career
Career
Director of QYResearch USA Partner of Business Consulting Center at QYR 5 Years Market Survey and Research Know well of US market
Partner of Business Consulting Center at QYR Managing Director of QYResearch Japan. 25 Years market research Know well of Japan market
Office Locations South Korea Office (Local name : InnoResearch Global LC) Address : 7th floor, 25, Mapo-daero, Mapo-gu, Seoul, 04167, Korea(Republic of) Phone : +82-10-7551-1278 U.S.A Office Address : 17890 Castleton Street Suite 218 City of Industry CA 91748 United States Phone : +1-626-295-2442
China Office Address : Room 1506 Blog B U-Center Building No.28 Chengfu Road Haidian District Beijing 100083 China Phone : +86-2086655165
Japan Office Address : Ginza wall building 5F, 6-13-16, Ginza, Chuo-ku, Tokyo, 104-0061, Japan Phone : +86-9038009273
Contact Business Consulting Center at QYR U.S.A. Office Mark Liu Tel:+1-6262952442 E-mail:liujunjie@qyresearch.com China Office Simon Lee(Zhang Dong) Tel : +86-1082945717 E-mail : zhangdong@qyresearch.com South Korea Office Sung-Bin Yoon, Ph. D Tel : +82-10-7551-1278 E-mail : yoon@innoresearch.co.kr Japan office Tang Xin Tel:+81-9038009273 E-mail:tangxin@qyresearch.com