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SEMICON EUROPA 2024

Event Overview November 12–15, 2024 Venues: Messe München in Munich, Germany SEMICON Europa 2024 is co-located with electronica and will take place in Munich, Germany, from November 12-15, 2024. Themed Innovation and Collaboration: Powering Sustainable Exponential Growth, SEMICON Europa supports the European semiconductor ecosystem, highlighting the important role in driving sustainable exponential growth through innovation and strategic collaborations. We are pleased to inform you that wE will be participating in SEMICON EUROPA 2024. During the exhibition, we plan to showcase our new products, including IGS and UHP diaphragm valves and regulators. UNILOK manufactures ultra-high purity (UHP) diaphragm valves, regulators, and fittings used in the semiconductor industry. We are confident that this exhibition will provide an excellent opportunity to meet many potential business partners across Europe. Our booth will be located in Hall C2, Stand 554. If you are interested in our products, please feel free to visit our booth during the exhibition for a consultation. We look forward to welcoming you to our booth and discussing potential business opportunities.

2024-11-12~2024-11-15

Gyeonggi Smart High …

Gyeonggi Smart High School, located in Siheung-si, Gyeonggi-do, said it held a scholarship delivery ceremony on the 2nd. According to the school on the 3rd, Unilak CEO Yoo Myung-ho awarded a total of 3 million won in scholarships, 1 million won each, to three third-year students of the computer application machinery department scheduled for field training at Unilak. The three third-year employment-tailored class students who received this scholarship will conduct field training at Unilak from October 28. Unilak Co., Ltd. is a mechanical processing company that delivered a total of 3 million won in scholarships to field trainees last year, and these students are currently working at Unilak. The students who received the scholarship are students in the computer-applied machinery and mechanical processing course, who confirmed their employment at Unilak Co., Ltd. in June this year and have completed 120 hours of employment-specific education conducted after school and during vacation since July. Park 00 and two other students who received the scholarship expressed their aspirations, saying, "I am grateful to the company and want to go to society by learning skills well at school." Gyeonggi Smart High School is a specialized high school human resources training school for small and medium-sized companies organized by the Ministry of SMEs and Startups, and this year, 26 companies and 53 students signed an agreement and confirmed their employment. [Shin-A Ilbo] Siheung/Song Han-bin, Reporter hbsshina@naver.com Source: Shin-A Ilbo (http://www.shinailbo.co.kr )

2024-09-03

Export growth rate f…

The export performance of companies participating in the export voucher project was found to be significantly higher than that of other companies. The Ministry of Trade, Industry and Energy announced that the export growth rate of companies participating in export vouchers in 2022 recorded 120% compared to the previous year. This is much higher than the export growth rate of 6.3% for general small and medium-sized enterprises in the same year. A representative example is the automobile parts company SAMSUNG TECH. This company supplied body and chassis parts to domestic automobile companies such as Hyundai Motors and Kia Motors, and attempted exports for the first time in 2018. In the early days of exporting, we experienced a lot of trial and error because we were not familiar with overseas sales. Then, in 2021, we used export vouchers to develop our own brand and created a promotional video that emphasized the company's strength, robot automation facilities. Next, we participated in overseas exhibitions such as Washington, Frankfurt, Las Vegas, and Dubai to contact local buyers and understand global market demand. As a result, the company was able to sign a contract to supply 860,000 Cybertrucks with Tesla, a global electric vehicle company, in June 2023. Samsung Tech is widening its export market by increasing the operating rate of existing production facilities to 120% and expanding new factories. The company's exports increased every year from $3.36 million in 2021 to $3.87 million in 2022 and $4.36 million in 2023. The case of Eltra Global, a company specializing in laser beauty medical devices, also stands out. This company's laser devices were vulnerable to external shocks, so they had to use expensive air transportation, but as airfares rose due to COVID-19, the burden of logistics costs increased. To solve this problem, the company has been able to reduce the burden of logistics costs by using export vouchers from 2022, and thanks to this, it has succeeded in diversifying its export markets to Malaysia, Jordan, and India. The company's exports rose vertically from $540,000 in 2021 to $1.08 million in 2022 and $1.14 million in 2023. Unilok is a company that produces and exports semiconductor manufacturing process control devices and industrial high-performance valves. The company will participate in export vouchers starting in 2022 and provide voucher services such as interpretation and translation services for about 10,000 different products, production of new product promotion catalogs, and international transportation for vendor registration and bidding participation by state-run companies in major oil-producing countries or global oil companies. It was used in various ways. In addition, Unilok, which exported semiconductor valves to China, its main market, participated in 'Adipec', a major petrochemical exhibition in the Middle East, using export vouchers in 2022, and exported petrochemicals to the Middle East market with support from KOTRA Dubai Trade Center. We succeeded in exporting valves. The company's exports increased from $10.92 million in 2021 to $18.64 million in 2022 and $18.9 million in 2023. QuadMiner is a tech company in the ICT service field that is developing a network security solution (anti-hacking) and used export vouchers to enter the global market. In particular, we used vouchers to apply for and register domestic and international patents and produce product promotional videos (Japanese, English, etc.), which allowed us to enter new markets in Japan and Malaysia. Through this, the company's exports increased tenfold in two years, from $8,500 in 2021 to $24,000 in 2022 and $85,000 in 2023. Additionally, for aggressive overseas sales, in addition to the Tokyo corporation and Nagoya branch already in operation, we plan to prepare a Singapore corporation by utilizing Voucher's overseas corporation establishment consulting services. Reporter Kim Young-chae weeklyctrade@kita.net [ https://weeklytrade.co.kr/news/view.html?section=1&category=5&item=&no=90884 ]

2024-03-14

[Semicon Korea 2023]…

Semicon Korea 2023, a large exhibition hosted by the Semiconductor Equipment and Materials International (SEMI) and attended by 450 companies, opened at COEX in Seoul on the 1st. UNILOK, which participated in Semicon Korea 2023, is a company that produces UHP fittings, valves, cylinder connectors, filters, regulators, and IGS (Integrated Gas System) used in the semiconductor process. Unilok introduced high-performance IGS valves, integrated gas system modules, and IGS STICK products through this exhibition. Representative companies in the global semiconductor supply chain will participate in approximately 20 conferences that will be held for three days, presenting cutting-edge semiconductor manufacturing technologies and solutions to technological challenges. 120 experts from over 70 companies will participate as speakers. In addition, it includes the SEM Technology Symposium (STS), which divides the semiconductor manufacturing process into six divisions and shares the latest process technology, and shares insights such as ▲Measurement and Inspection (MI) ▲Smart Manufacturing ▲Test ▲Sustainability ▲Market Forecast. The exhibition runs until the 3rd (Friday). [Monthly Robot Technology] Reporter Kim Yang-sik news@yeogie.com | 2023-02-03 15:19:10 [ http://robotzine.co.kr/entry/264350 ]

2023-02-03

Yoo Myung-ho, Unilok…

“R&D will continue even in times of crisis… We will open an era of 100 billion won in sales.” As the economic downturn and the novel coronavirus infection (COVID-19) situation prolong, difficulties for companies are increasing. However, amidst this, there are companies located in industrial complexes that are preparing for the future through bold facility investment and management innovation. Unilok, which produces high-performance valves, invested 48 billion won and recently completed a new factory in Sihwa MTV and prepared for a leap forward. We also set a vision to reach 100 billion won in sales within a few years. Pipes pass through the production lines of major factories, including semiconductor factories. This is a pipe that transports fluids, gases, etc. There are valves throughout the pipes. Although it is a small part, it plays a very important role. If the fluid or gas flowing inside is an explosive chemical or harmful gas, it may lead to an accident if it is not properly controlled. Unilok (CEO Yoo Myung-ho, 63), located in Sihwa MTV (Multi-Techno Valley), is a company that manufactures high-performance valves used in such areas. Many of these valves have been domestically produced one by one, although American or Japanese companies have dominated the domestic market. An ultra-small fluid transportation system was also developed. It is a precision product mainly supplied by Japanese companies. We also domestically produced a high-performance regulator for semiconductors that prevents gas leaks due to corrosion by applying proprietary metal coating technology. Now, products that surpass the technology of advanced countries have begun to be introduced. The newly developed process valve has a response speed of less than 5/1000 seconds. You can control it in a short amount of time. This means that fluid can be controlled in precise amounts. CEO Yoo explained, “The valve has moved beyond its simple opening and closing function and has become a key component that determines the success or failure of the manufacturing process.” The company completed construction of a new factory here at the end of last year. It has a land area of approximately 20,000 m2 and a total floor area of 15,000 m2. A factory, office building, and welfare building were built. A site of 7,600 m2 was reserved for expansion. The total investment cost was 48 billion won (based on completion of facility investment), including land purchase, construction, and facility investment. When you enter the third floor of the office building, Sihwa Lake unfolds before your eyes. Across the street, you can see a wide field including the Hwaseong Dinosaur Egg Fossil Site at a glance. The late afternoon sunset is spectacular. The reason it was located here is because the Korea Industrial Complex Corporation, which sold Sihwa MTV, classified the company's industry as a high-tech industry. Every corner of the factory is a clean space. CEO Yoo said, “Because this product is supplied to a semiconductor factory, the clean room level of our factory is similar to that of a semiconductor factory.” Main domestic customers include Samsung Electronics and SK Hynix. It is exported to over 40 countries in the United States, Europe, Asia, the Middle East, and South America. Transaction partners include companies in the petrochemical, power and energy, semiconductor, bio, and fuel cell fields. We supply it under our own brand, ‘Uni-Lok’. The company's growth stems from CEO Yoo's obsession with technology development. After graduating from school, he joined a fittings and valves production company in Cheonggyecheon, Seoul and took charge of sales. In this process, he learned product characteristics and later reached a level where he could develop technology. The company was founded in 1984 near Anyangcheon Stream near the Guro Tool Shopping Center in Seoul with one technician and one female employee. We did not let up on technological development until we moved to Sihwa MTV through the Namdong Industrial Complex in Incheon. When I made a lot of money through exports, I was often tempted to buy a building, but I resisted it. This was due to the belief that the manufacturing industry must compete with cutting-edge technology and facilities. This company has about 30 researchers. CEO Yoo calls the lab a ‘playground.’ This is because we believe that creative products emerge only when researchers interact with each other in a free atmosphere. There are 48 invention patents (including applications). CEO Yoo said, “We have all the core technologies specialized in manufacturing high-performance valves, such as optimized design technology, low-temperature ion plasma surface hardening heat treatment technology, and thin film coating technology.” The company's sales, which have about 200 employees, reached 48 billion won in 2017. Due to the economic recession and the US-China trade dispute, it fell back to 32 billion won last year. However, during the recession, we strengthened our research and development and developed high-performance products. Representative examples include the development of process valves and ultra-small fluid transport systems. CEO Yoo said, “As we are seeing results such as high-performance valves, orders are continuing,” and “sales will exceed 100 billion won within a few years.” [Korea Economy] Nak-Hoon Kim, Director of Hankyung Global Small Business Research Institute nhk@hankyung.com | 2020.04.02 15:14 [ https://www.hankyung.com/article/2020040298101 ]

2020-04-02

[Notable luxury comp…

Unilok Co., Ltd. is a company located in the Namdong Industrial Complex in Incheon that specializes in producing industrial valves and piping (tube fittings). Unilok developed and domestically produced instrumentation valves and piping in 1984, which had previously been entirely dependent on imports from the United States and Japan. Since then, Unilok has focused on research and development, supplying products to the plant, semiconductor, petrochemical, power plant, shipbuilding, and offshore plant industries, focusing on domestic and foreign EPC companies (company that performs engineering, procurement, and construction). ■10,000 types of products produced, 4.65 million valves and pipes produced annually The global industrial valve and piping market size is approximately 5 to 7 trillion won. There are about 30 domestic manufacturers, and competition for construction orders is fierce. Unilok manufactures and produces individual finished products and also participates in EPC projects for petrochemical and construction companies to produce customized products. When participating in a project to build a production plant, the size of the factory varies, so the scale of product use also varies. KOC's 5 trillion won project carried out in Kuwait in 2012 required approximately 150,000 pipes. There are approximately 10,000 types of products produced depending on size, shape, function, and role. Annual production is 4.65 million valves and piping. The standards for valve and piping technology are continuously increasing for high cleanliness, high corrosion resistance, and safety. Since its founding, Unilok has devoted itself to research and development and has become the first domestic company to develop a technology that can maintain high cleanliness at the invisible nanometer level on the inner surface where the product flow path and fluid come into contact. Due to technology development and new product development, over 70 patented designs have been registered domestically and internationally over the past five years. ■Promote development of new technology IGS and promote localization Based on this technology, Unilok supplies products to about 110 large and small companies in Korea, including Samsung Electronics, SK Hynix, LG Display, Hyundai Engineering, and GS Engineering & Construction. Overseas, mainly in the petrochemical field, products are exported to 44 companies in 32 countries, including the United States, South America, Russia, Europe, ASEAN, China, Austria, and Africa. Unilok has only participated in a few projects over the past two to three years due to the global construction recession, but plans to target the global market through technology development and active overseas marketing. Since 2008, we have participated in about 60 projects ordered by large domestic and foreign owners. As a new business, Unilok is developing IGS (Direct Gas System), a field related to ultra-clean product lines. IGS is monopolized by two companies worldwide, and there are no domestic manufacturers, so we are dependent on Japanese companies. To expand participation in large-scale projects, Unirock is also promoting vendor registration for state-run oil companies in major oil-producing countries and global oil companies. Just registering as a vendor not only gives you the opportunity to participate in bidding, but also promotes your company's quality and competitiveness. In addition, we plan to build a logistics hub and supply chain that can supply products faster. CEO Yoo Myung-ho said, “We will not focus our attention on other companies but will become a global company in the valve and piping field through technology development, quality improvement, and global marketing.” [Financial News] Incheon = Reporter Han Gap-su kapsoo@fnnews.com | 2017.04.05 19:51 [ https://www.fnnews.com/news/201704051951025718 ]

2017-04-05

Unilok develops inde…

◆ Global leading company ◆ Unilok (CEO Yoo Myung-ho), established in 1984, is a company that specializes in producing industrial valves. It is a small but strong company that posted sales of 25.1 billion won last year with about 150 employees. Unilok's main product is a stainless steel valve (Tube Fitting) that is applied to various industries such as semiconductors, petrochemicals, and nuclear power plants. We succeeded in domestically producing stainless steel valves, which had previously been dependent on imports from the United States or Japan, through our own technology and research and development. Currently, we have secured 8 patents, design registration, and trademark registration. Last year, we pioneered overseas markets by exporting $680,000 worth of products to 46 countries. [Maeil Business Newspaper] | 2016-11-24 04:01:06 [ https://www.mk.co.kr/news/business/7590694 ]

2016-11-24

Incheon Chamber of C…

Commitment to lay the foundation for a resurgence of the local economy by keeping the entrepreneurial spirit alive In celebration of its 131st anniversary, the Incheon Chamber of Commerce and Industry (Chairman: Lee Kang-shin) pledged to continue the tradition of merchants by growing companies and revitalizing the local economy with innovative thinking and an indomitable entrepreneurial spirit. On the 29th, the Incheon Chamber of Commerce and Industry held its 131st Anniversary Ceremony and the 34th Commerce and Industry Awards Ceremony at the Ramada Songdo Hotel with the attendance of over 150 people and businessmen from all walks of life in the Incheon area, including Incheon Mayor Yoo Jeong-bok and City Council Vice Chairman Lee Yong-beom. Lee Kang-shin, chairman of the Incheon Chamber of Commerce and Industry, said in a commemorative speech, “The economic environment facing us is not easy. “In particular, it is true that in the case of our country, which is highly dependent on foreign trade, and in the case of Incheon, we face difficulties even with every minor variable,” he said. “Nowadays, companies are taking the lead in innovation and innovating and converging with a rational and flexible entrepreneurship spirit.” would. “I will do my best to contribute to local economic development with a new spirit of challenge,” he said. He also expressed his strong ambition, saying, “With the spirit of never-ending, with consistent will and practice, I will take the lead in overcoming difficult circumstances like the tenacity that my predecessors have built up over the past 131 years.” Next, Incheon Mayor Yoo Jeong-bok said, “Recently, volatility in the external environment, including Brexit, is increasing. “As the decline in exports continues and domestic demand, including consumption, is weak, the psychology of economic entities is weakened, and the growth in exports of employed people is also slowing down somewhat,” he said. “We will continue to carry out design, export market development, patent and intellectual property support projects, and in particular, take advantage of the Korea-China FTA as an opportunity to do our best to advance into the Chinese market and secure sales channels,” he said. Meanwhile, the awards for commerce and industry on this day included ‘Korea Yokogawa Electronics Manufacturing Co., Ltd. CEO Jang Seong-don’ in the technology development category, ‘Daeheung Machinery Forging Co., Ltd. Gap-rok Workplace’ in the productivity improvement category, and ‘Janghyung Enterprise Co., Ltd. CEO Kim Bong-sook’ in the labor-management cooperation category. 'GS Caltex Co., Ltd. Incheon Lubricant Plant Plant Manager Soo-seok Oh' won the welfare category, 'SK Incheon Petrochemical Co., Ltd. (group)' won the environmental management category, and 'Unilok Co., Ltd. CEO Yoo Myung-ho' won the intellectual property management category. The Incheon Metropolitan City exemplary company award was given to ‘Samchang Cast Iron Industry Co., Ltd. CEO Lee Gyu-hong’, and the long-term exemplary worker award was given to Incheon Metropolitan City Mayor, Incheon City Gas Co., Ltd. Manager Seo Yoon-seok and 11 others, and Incheon Metropolitan City Council Chairman’s commendation to Raycop Korea Co., Ltd. Dae-ho Jeong and 4 other people received a commendation from the Chairman of the Korea Chamber of Commerce and Industry, Kyeong-han Kim and 5 others from Uneed Incheon Factory, and Won-soo Kim and 3 other people from Korea Feed Co., Ltd. received a commendation from the Chairman of the Incheon Chamber of Commerce and Industry. Also, on this day, the Incheon Chamber of Commerce and Industry and the Incheon Metropolitan City Scholarship Association jointly hosted the ‘Scholarship Awarding Ceremony for the Children of Executives and Employees of Chamber of Commerce Member Companies’ to foster local talent. The Incheon Chamber of Commerce and Industry scholarship award event, which started in 2012 and is being held for the fifth time, was introduced with the purpose of supporting excellent resources in the region by delivering scholarships to the children of workers in the Incheon region, including scholarship recipient Jang Min-seok, the child of Yang Seong-ok, an employee of Daewon Industrial Co., Ltd. We took the time to hand out scholarships to 10 students. [Aju Economy] Reporter Park Heung-seo | 2016-06-29 13:57 [ https://www.ajunews.com/view/20160629135544027 ]

2016-06-29

Yoo Myung-ho, CEO of…

Korea's first independent development of 'pipe fittings', which had previously been entirely dependent on overseas imports... Dominating the best technology in the valve manufacturing field “Continuous technological development, people-centered management, and intellectual property management will be the source of making Unilok a global company in the future.” Yoo Myung-ho (59), CEO of Unilok Co., Ltd., has been successfully leading the company for 32 years since opening its doors in 1984. Unilok Co., Ltd., a company located in Namdong Industrial Complex, was the first in Korea to independently develop tube fittings, which had previously been entirely imported from overseas. Unilok Co., Ltd., which has narrowed the technological gap with overseas countries through active product research and development, has now secured the best technology in the field of valve manufacturing both domestically and overseas. For this reason, Unilok Co., Ltd. is naturally referred to as a ‘leader’ in the domestic and international valve manufacturing industry. CEO Yoo explains that the reason Unilok Co., Ltd. was able to grow like this was because it used the crisis as an opportunity. During the financial crisis in 1998 and 2009, CEO Yoo chose innovation rather than restructuring such as job cuts. He said, “The experience of the foreign exchange crisis actually helped the company’s management,” and “We were able to survive together by tenaciously maintaining employment and adopting a symbiotic policy of taking care of our partners’ work.” In addition, the company did not neglect product research and development by forming a task force (TF) using surplus manpower. As a result, the company grew from sales of 10 billion won in 2008 to a company with sales of 30 billion won. Overseas exports also achieved a 10-fold growth, reaching $1 million in exports in 2005 and $10 million in 2012. Unilok's valve manufacturing products are exported to 43 countries around the world. In particular, Unilok Co., Ltd. is playing a leading role in the field of intellectual property management among companies in the Incheon region. Unilok Co., Ltd. prevents intellectual property (IP) disputes through research on patent trends and prior technologies and files stable patent applications. Over the past five years, approximately 70 cases, including patented designs, have been registered domestically and internationally. In addition, we developed new technologies and products using industry-academia cooperation, secured patents, and introduced a compensation system for employee inventions. For this reason, CEO Yoo received the honor of being selected by the Incheon Chamber of Commerce and Industry as the winner of the ‘34th Commerce and Industry Awards’ in the intellectual property management category. CEO Yoo plans to supplement the company's property value by applying for patents for at least five new products and existing products every year. Unilok Co., Ltd. continues to aim to become the world's best global company in the field of pipe fittings and valves. CEO Yoo said, “We will focus on the three pillars of technology development, quality improvement, and global marketing without focusing our attention on other companies.” [Joongbu Ilbo] Reporter Lee Jeong-yong regenbogen0@joongboo.com | 2016-06-21 20:52 [ https://www.joongboo.com/news/articleView.html?idxno=1082992 ]

2016-06-21

New employment and a…

The Incheon Chamber of Commerce and Industry (Chairman Lee Kang-shin) announced on the 19th that it had selected winners in six categories at the 34th Commerce and Industry Awards, the highest honor for merchants in the Incheon region. The Technology Development Category for the Commerce and Industry Awards went to Seongdon Jang, CEO of Korea Yokogawa Electronics Manufacturing Co., Ltd. He was highly evaluated for his efforts to reduce costs through factory automation technology and to hire new employees through business expansion. In the productivity improvement category, Shim Gap-rok of Daeheung Machinery Forging Co., Ltd. was selected as the winner. He took the lead in improving the working environment and creating an industrial accident-free workplace, achieving the goal of 1,300 days without an accident. Kim Bong-sook, CEO of Janghyung Enterprise Co., Ltd., who received the award in the labor-management cooperation category, established an employee-only cafe, operated resort memberships, supported college admission and high school tuition, implemented family days, traveled overseas with families of long-term employees, introduced a flexible work system for pregnant women, and introduced male employees. We are creating a win-win labor-management relationship, including the introduction of maternity leave. In the social welfare category, Plant Manager Oh Soo-seok of GS Caltex Co., Ltd. Incheon Lubricant Plant, who played a leading role in forming an in-house volunteer group, was selected, and in the intellectual property management category, Yu Myeong-ho, CEO of Unilok Co., Ltd., who worked hard on intellectual property management, including patent applications, was selected. The environmental management category goes to SK Incheon Petrochemical Co., Ltd. The Incheon Chamber of Commerce and Industry will hold an awards ceremony at its 131st anniversary ceremony on the 29th. [Kyungin Ilbo] Reporter Lim Seung-jae isj@kyeongin.com | 2016-06-20 [ http://www.kyeongin.com/main/view.php?key=20160619010006261 ]

2016-06-20

“In times of managem…

[Leaders of the Chinese powerhouse] <29> Yu Myung-ho, CEO of Unirock By maintaining employment despite the recession and sharing work with partners, sales tripled in two years. “The lifeblood of small and medium-sized businesses is ‘people.’ A company cannot grow with a fragmented mindset that fires employees just because a crisis has struck and hires new people just because the crisis has escaped.” Yu Myung-ho, CEO of Unilok, said in an interview with this newspaper on the 9th, “Companies must be able to give trust to their employees.” In 2009, when the financial crisis hit, Unilok tenaciously maintained employment and even took care of the work of its partners even as surrounding companies began restructuring. The operation, which had been divided into daytime and nighttime, was unified into a weekly operation, and the remaining volume was diverted to work for partner companies. Surplus manpower was formed into a task force (TF) and entrusted with research and development (R&D). CEO Yoo recalled the time, saying, “Due to the financial crisis, the number of jobs was greatly reduced, but I still thought, ‘We have to live together.’ We shared small quantities with our partners, maintained the number of employees, and endured the financial crisis with difficulty.” His management philosophy was rewarded with sales the following year. Sales, which were 10 billion won in 2009, jumped to 20.5 billion won the following year and 32 billion won in 2011. As the economy recovered from the financial crisis earlier than expected, orders flocked to Unilok. Unlike other companies that were unable to recover from the aftermath of restructuring, Unilok maintained the number of partners and employees and maintained product quality even after the financial crisis. CEO Yoo's management philosophy originated from his painful experience during the 1998 foreign exchange crisis (IMF). At the time, Unilok also overcame the foreign exchange crisis through large-scale staff reductions, but the side effect of an increase in the product defect rate later appeared. Conversely, employees' trust in the company and sales declined simultaneously. CEO Yoo said, “I learned a lot from that experience,” and “I decided to find a way other than restructuring.” Recently, we have increased our investment in employee training and are solidifying our relationship of trust with our employees. Unilok manufactures ultra-precision pipe joints (fittings) and valves and supplies them to companies in over 40 countries domestically and around the world. Although the fitting itself is a small part, it is used in fields that require high precision and strength, such as semiconductor factories, chemical plants, plants, and shipbuilding, so it requires high technology and delicate handling. Unilok is striving to advance technology by establishing a clean room in the factory and developing its own 'electropolishing' technology that improves the roughness of the machined surface using electric current. CEO Yoo said, “In terms of technology, we are ahead of German and Japanese companies,” and added, “The price competitiveness of Japanese companies has increased due to the recent low yen, but sales have been barely affected.” In the future, CEO Yoo plans to consolidate and relocate the three factories in Namdong Industrial Complex and Dangjin to Sihwa, Gyeonggi-do by 2016. The plan is to increase annual sales, which are currently around 30 billion won, to 50 billion won by then. CEO Yoo said, “We plan to focus on developing new products that will expand sales in the future,” and added, “This is a field that is expected to have infinite development potential as there are 10 years’ worth of fitting-related items left to be developed in the future.” [Asian Economy] Reporter Lee Ji-eun leezn@asiae.co.kr | 2013-09-16 14:17 [ https://www.asiae.co.kr/article/2013091614130317076 ]

2013-09-16