"Enhancing the Status of the Korean Mold Industry Despite Challenging Conditions"

The Korea Mold Industry Cooperative (KMIC) announced on November 20 that Kim Seongbong, CEO of Korea Precision, has been selected as the "Mold Person of the Year," the highest honor in the mold industry.


On this day, KMIC held the 29th "Mold Day" event at the Grand Ballroom of Seoul Dragon City Hotel in Yongsan-gu, Seoul, and presented awards to individuals who have contributed to the development of the mold industry.


Shin Yongmoon, Chairman of the Korea Mold Industry Cooperative. Korea Mold Industry Cooperative

Shin Yongmoon, Chairman of the Korea Mold Industry Cooperative. Korea Mold Industry Cooperative

View original image

Kim Seongbong began his career in the mold industry in 1976 and, for 50 years, has dedicated himself to the localization and development of ultra-precision press molds for automotive and electronic components. In 1992, he founded Korea Precision, a company specializing in ultra-precision press molds, and has been recognized for his contributions to strengthening the competitiveness of the domestic mold industry by establishing a one-stop mold production system through customized mold design, manufacturing, and after-sales management.


The Presidential Commendation was awarded to Kim Wontae, CEO of Jeongil Mold Precision. In addition, a total of 27 individuals were honored in nine categories, including the Minister of Trade, Industry and Energy Commendation, the Minister of SMEs and Startups Commendation, the Commissioner of the Korean Intellectual Property Office Commendation, the Chairman of the Korea Federation of SMEs Commendation, the President of the Korea SMEs and Startups Agency Commendation, the President of the Korea Institute of Industrial Technology Commendation, the President of the Korea Productivity Center Commendation, and the Chairman of the Korea Mold Industry Cooperative Commendation.



Shin Yongmoon, Chairman of the Korea Mold Industry Cooperative, stated, "Despite the challenging environment caused by low-priced imports from countries like China and trade risks originating from the United States, our mold industry continues to develop world-class mold technologies and drive innovation in production processes through AI and autonomous manufacturing. The cooperative will continue to support these efforts on the ground and strive to enhance the competitiveness and global standing of the Korean mold industry."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing