Asia is known as a manufacturing powerhouse of electronics, including security devices and systems, and did not escape from the global economic downturn unscathed. With murky market forecasts and changing buying behaviors, solution providers are at a crossroads in terms of business and product development. a&s talks to several Korean manufacturers to find out how they plan to carve out new niches and market shares.
Asia is known as a manufacturing powerhouse of electronics, including security devices and systems, and did not escape from the global economic downturn unscathed. With murky market forecasts and changing buying behaviors, solution providers are at a crossroads in terms of business and product development. a&s talks to several Korean manufacturers to find out how they plan to carve out new niches and market shares.
After a year of rather slow business, the Korean manufacturing community finally turned the corner toward the end of 2010, especially after a promising G-20 gathering in Seoul. Across all product lines and geographies, most reported positive — some even very positive — growth.
Many lessons of succ...