Study for selection of industrial areas suitable to small and medium-sized enterprises (SMEs) in Korea

Table 4 Annual sales and their proportion of SMEs for the chosen subclasses (2010)

KSIC code	Subclass in the manufacturing sector of KSIC	Annual sales (Million won)	Proportion of SMEs (%)
24121	Manufacture of hot rolled, drawn, and extruded iron or steel products	6,425,208	23
24132	Manufacture of pipes and tubes of non-cast iron or steel	13,902,211	22
24191	Manufacture of guilt, coloration, surface processing steel materials	2,162,861	24
24211	Manufacture of smelting, refining, and alloys of copper	8,945,571	6
24221	Manufacture of rolled, drawn, and folded products of copper	6,033,576	26
24222	Manufacture of rolled, drawn, and folded products of aluminum	7,151,018	34
26110	Manufacture of electronic integrated circuits	6,346,772	27
26120	Manufacture of diodes, transistors, and similar semi-conductor devices	24,335,270	13
26211	Manufacture of liquid crystal flat display boards	51,354,130	4
26221	Manufacture of printed circuit boards	6,579,265	44
26422	Manufacture of mobile phone	148,261,264	0.4
26511	Manufacture of television	2,972,917	21
30121	Manufacture of passenger motor vehicles	80,394,434	0.01
30310	Manufacture of parts and accessories for motor engines	9,379,206	32
30320	Manufacture of parts and accessories for motor vehicle body	9,071,525	59
30391	Manufacture of power transmission for motor vehicles	6,849,358	31
30392	Manufacture of electrical equipment for motor vehicles	1,446,523	50

The selected subclasses showed high annual sales among all subclasses contained in the top 3 divisions with the largest annual sales in Table 3 (2010): (1) Manufacture of electronic components, computer, radio, television, and communication equipment and apparatuses (17.98 %, KSIC code 26), (2) Manufacture of motor vehicles, trailers, and semitrailers (10.39 %, KSIC code 30), and (3) Manufacture of basic metal products (10.11 %, KSIC code 24)
In Korea, to be recognized as a SME in the manufacturing sector, the number of employees should be less than 300 people (Application of the Basic Law for SMEs of Korea from 2010 to 2012)
Data source: Analysis of market concentration, KISTI Market Analysis and Prediction System (K-MAPS) (http://kmaps.kisti.re.kr)