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INSIGHTS

Core Technologies Define Korean Strength

Core Technologies Define Korean Strength
Korea thrives on its R&D strength and highly developed technology. Manufacturers are honing their product capabilities for next-generation security. That means intelligent systems, innovative functions and quality performance.
Korea thrives on its R&D strength and highly developed technology. Manufacturers are honing their product capabilities for next-generation security. That means intelligent systems, innovative functions and quality performance.

According to executives at Korean companies, the surveillance market will grow by more than 40 percent over the next several years. Customers, they noted, prefer products with sophisticated, yet easy-to-use functions. Profit margins, however, are being squeezed because of price wars. Most finish products in Korea to achieve higher quality, but higher production costs leave less room to cut prices. Most have chosen to add value, say software enhancement, instead. Ano...
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