To beat the Industry 4.0 movement in Germany the South Koreans under the Creative Economy Engine Project started the MII 3.0. The basic motto is to develop the Industries especially the SME sector to Industry 4.0 standards but also include emphasis on areas where Korea is very strong such as automotive industries and Ship building Industries.
2. STRUCTURE OF INDUSTRY IN KOREA
• KOREA IS ONE OF THE GLOBAL TECHNOLOGY LEADERS.
THE MANUFACTURING INDUSTRY, ESPECIALLY ICT
SECTOR, HAS COMPENSATED FOR KOREA’S RELATIVELY
FEW NATURAL RESOURCES BY PLAYING A SIGNIFICANT
ROLE IN THE COUNTRY’S ECONOMIC GROWTH.
3. CREATIVE ECONOMY
INDUSTRY ENGINE PROJECT
• OFFICIALLY LAUNCHED IN
JUNE 2014
• AIMS TO TACKLE MANY CHALLENGES SURROUNDING THE
KOREAN MANUFACTURING INDUSTRY.
• GENERALLY REFERS TO THE COMPUTERIZATION OF
MANUFACTURING.
• PART OF THE PARK GEUN-HYE ADMINISTRATION’S
FLAGSHIP POLICY
4.
5. MANUFACTURING INDUSTRY INNOVATION 3.0
STRATEGY
• AIMS TO INTRODUCE INNOVATION TO THE
MANUFACTURING PROCESS
• INCLUDING EXPANDING THE USE OF SMART FACTORIES
• DEVELOPING CORE TECHNOLOGIES RELATED TO THE
INTERNET OF THINGS (IOT)
• 3-D PRINTING
• BIG DATA.
6. BASIC PRINCIPLES
• 1) EMBRACING THE WHOLE BUSINESS ECOSYSTEM TO INCLUDE
LOWEST-TIER VENDORS;
• 2) ENCOURAGING THE VOLUNTARY PARTICIPATION OF SMES WITH
INNOVATIVE SPIRITS;
• 3) MOTIVATING BUSINESSES TO PARTICIPATE IN INNOVATION
ACTIVITIES THROUGH BENEFIT SHARING;
• 4) ENSURING OPENNESS IN PROJECT IMPLEMENTATION USING
STANDARD METHODOLOGY, WITH ROOM FOR FLEXIBILITY AT THE
INDUSTRY AND CORPORATE LEVELS; AND
• 5) FOSTERING INNOVATIVE MINDSETS AMONG PARTICIPATING
CEOS FOR CONTINUATION
• OF IMPROVEMENT.
7. SPECIAL EMPHASIS
• GIVEN THE DISCREPANCY IN WEALTH AND
TECHNOLOGICAL DEVELOPMENT BETWEEN LARGE
COMPANIES AND THEIR SECONDARY AND TERTIARY
SUBCONTRACTORS, THE MANUFACTURING INDUSTRY
INNOVATION 3.0 STRATEGY PUTS SPECIAL EMPHASIS ON
THE GROWTH OF THE LATTER TO SPREAD WEALTH,
GOING BEYOND A MERE FOCUS ON THE ENHANCED
AUTOMATIZATION OF MANUFACTURING.
8. THREE SUB-STRATEGIES
• THE CREATION OF NEW MANUFACTURING FEATURING
INDUSTRIAL CONVERGENCE,
• ENHANCEMENT OF THE MAJOR SEGMENTS,
• AND ADVANCEMENT OF INDUSTRIAL INFRASTRUCTURE
FOR INNOVATION.
• THE POLICY ALSO AIMS TO RAISE 1 TRILLION WON
(US$972 MILLION) AND SET UP 10,000 SMART FACTORIES
BY 2020 TO FACILITATE CONVERGENCE BETWEEN
SOFTWARE AND HARDWARE TECHNOLOGIES.
9. ECONOMIC AND SOCIAL CHALLENGES
• EXTERNALLY, THE RISE OF CHINA AS A MANUFACTURING
POWERHOUSE AND THE WEAKENING OF THE JAPANESE
YEN.
• INTERNALLY, MANY LOCAL KOREAN MANUFACTURING
COMPANIES HAVE SUFFERED FROM LOW PRODUCTIVITY
AND EFFICIENCY.
• THE GROWTH RATE OF THE MANUFACTURING SECTOR &
THE SIZE OF EXPORTS HAD DECREASED
10. LEADING COMPANIES
• ICT INDUSTRY IN KOREA - FLAT PANEL DISPLAYS,
SEMICONDUCTORS COMMUNICATION DEVICES AND
DEVICES BASED ON INFORMATION AND
COMMUNICATION APPLICATIONS - SAMSUNG
ELECTRONICS, LG ELECTRONICS - FOR 5G, SK TELECOM
AND KOREA TELECOM.
• AUTOMOTIVE INDUSTRY IS THE FIFTH LARGEST IN THE
WORLD AND REPRESENTS 6 % OF GLOBAL PRODUCTION -
3 BIGGEST MANUFACTURERS ARE HYUNDAI MOTORS, GM
KOREA AND KIA MOTORS.
11. SOME ISSUES
• ADOPTION OF ICT HAS BEEN SLOW WITHIN KOREAN
SMES. ON THE OTHER HAND, KOREA IS THE WORLD
LEADER IN CONNECTIVITY.
• ONLY 10.4% OF ALL COMPANIES USED CLOUD
COMPUTING IN THEIR BUSINESS, IMPLYING THERE IS A
LARGE SCOPE FOR WIDER DEPLOYMENT ESPECIALLY IN
SMES
12. SOME ADVANTAGES
• OECD HAS RANKED KOREA HIGH ON DISRUPTIVE
TECHNOLOGIES INCLUDING DATA TRANSMISSION AND
HUMAN INTERFACE TECHNOLOGIES.
• KOREA ACCOUNTS FOR MORE THAN 14% OF THE
INTERNATIONAL PATENTS IN THE AREAS OF IOT,
QUANTUM COMPUTING AND TELECOMMUNICATIONS,
INDICATING THAT KOREA HAS POTENTIAL TO DRIVE
DIGITAL DISRUPTION.
13. 13 FUTURE GROWTH ENGINES
• THE GOVERNMENT HAS CONFIRMED AN
EXECUTION STRATEGY TO FOSTER 13 FUTURE
GROWTH ENGINES DIVIDED INTO NINE STRATEGIC
INDUSTRIES TO BECOME THE NEW NATIONAL
INCOME SOURCES AND FOUR BACKBONE
INDUSTRIES.
14. NINE STRATEGIC INDUSTRIES
• 1) SMART CAR,
• 2) 5G MOBILE COMMUNICATION,
• 3) DEEP-SEA OFFSHORE PLANT,
• 4) CUSTOMIZED WELLNESS CARE,
• 5) WEARABLE SMART DEVICES,
• 6) INTELLIGENT ROBOT,
• 7) DISASTER SAFETY MANAGEMENT SMART SYSTEM,
• 8) REALISTIC CONTENTS AND
• 9) NEW AND RENEWABLE ENERGY HYBRID SYSTEM.
15. SMART CAR
Samsung Electronics Vice Chairman Lee Jae-
yong has picked components for self-
driving smart cars as one of the next
growth engines.
The new autonomous car developed with
Hyundai’s Genesis sedan is capable of
tracking moving subjects, avoiding collision
risk, driving on narrow roads and
recognizing traffic lights and speed limit
signs.
16. 5G MOBILE COMMUNICATION
Samsung electronics had
announced this May that they
have succeeded while
experimenting 5G technology by
transmitting more than one giga
byates of data at a distance of
two kilometers within one
second - Bullet Train
17. DEEP-SEA
OFFSHORE PLANT
• KOREA IS THE LEADER IN SHIPBUILDING ORDERS IN THE WORLD - HYUNDAI
HEAVY INDUSTRY, SAMSUNG HEAVY INDUSTRY AND DAEWOO SHIPBUILDING &
MARINE ENGINEERING
19. WEARABLE SMART DEVICES
Talkey uses AI (artificial intelligence) to
automatically provide suggested responses to
messages received on your smartphone or watch.
Ripplebuds seeks to help you overcome the problem
of not being heard in noisy settings, with a noise-
cancelling microphone positioned inside your
earbud.
Stroke patients often experience long term disability
due to neuron damage, not muscle cells. You cannot
revive the dead cells, but you can enhance brain
plasticity by training the undamaged cells. Rapael
Alex is a wearable that sits lightly on your neck and
provides real time tracking of your posture. It can be
set to vibrate gently if you adopt poor posture for
more than a few minutes, letting you know to sit up
20. INTELLIGENT ROBOT
• DAEJEON IS THE MECCA OF KOREAN TECHNOLOGY
• THE AUTONOMOUS FLYING ROBOT PILOT PROJECT,
• 4-D SNOWBOARD SIMULATOR DEVELOPMENT,
• HEAVY PAYLOADS MODULAR ROBOT DEVELOPMENT,
• VERTICAL TAKEOFF AND LANDING FLYING ROBOT SYSTEM DEVELOPMENT,
• ROBOT INTELLIGENCE MODULE TECHNOLOGY DEVELOPMENT,
• POWER DRIVING MACHINE ULTRASONIC SENSOR MODULE DEVELOPMENT,
• AUTOMATIC UNMANNED AUTOPILOT TECHNOLOGY DEVELOPMENT,
• GOLF COURSE CADDY ROBOT COMMERCIALIZATION PROJECT,
• INTEGRATED SOLUTION COMMERCIALIZATION PROJECT OF HOTEL SERVICE
INTELLIGENT ROBOT, ETC.
Classroom robot
22. REALISTIC CONTENTS
• FOCUS ON HOW THE ROADMAP PROCESS CAN BE USED TO DEVELOP LONG-
TERM STRATEGIC PLANNING AND FOSTER INTER-MINISTRY R&D COOPERATION
FOR SECURING REALISTIC CONTENT TECHNOLOGY.
• REALISTIC CONTENT, CONSISTS OF VIRTUAL REALITY, AUGMENTED REALITY AND
HOLOGRAM TECHNOLOGIES.
• THE ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE (ETRI)
ANNOUNCED THAT IT DEVELOPED A “TABLETOP HOLOGRAPHIC
DISPLAY” TECHNOLOGY THAT REPRODUCES 360-DEGREE 3D HOLOGRAM AT A
SIZE OF 3 INCHES.
23. NEW AND RENEWABLE ENERGY HYBRID
SYSTEM
• UNFORTUNATELY, SOUTH KOREA IS HIGHLY DEPENDENT ON FOSSIL FUELS
BECAUSE OF ITS INDUSTRIAL NATURE. HOWEVER, MANY ISLANDS IN SOUTH
KOREA HAVE THE POTENTIAL TO GENERATE A CONSIDERABLE AMOUNT OF
RENEWABLE ENERGY
• SOUTH KOREA WAS RANKED AS ONE OF THE TOP TEN
CO2 EMISSION COUNTRIES IN THE WORLD.
24. THE FOUR BACKBONE INDUSTRIES
• 1) INTELLIGENT SEMICONDUCTOR,
• 2) BIG DATA,
• 3) CONVERGENCE MATERIALS AND
• 4) INTELLIGENT INTERNET OF THINGS (IOT).