SBC Holds On-Site Meeting with Power Equipment Manufacturers

Meeting Between Power Equipment Manufacturers and Demand-Side Companies
Proposals for Expanding Operating Funds and Facility Investment, and Supporting Certification

The Small and Medium Business Corporation (SBC) held an on-site meeting to address the growing demand for data centers and discuss ways to strengthen the competitiveness of power equipment manufacturers.

Panoramic View of the Small and Medium Business Corporation. Small and Medium Business Corporation

SBC announced on the 28th that it held an on-site meeting titled "SBC Comes to You, Providing Solutions" at DK, located in Changwon, Gyeongnam Province.

The meeting was organized to listen to the challenges faced by small and medium-sized enterprises (SMEs) in the power and cooling infrastructure sectors—including transformers, circuit breakers, switchgear, and cooling equipment—whose importance is increasing due to the proliferation of artificial intelligence (AI) and data centers, and to discuss potential support measures.

The event was attended by Sukkyoon Kang, Chairman of SBC; Jaebeom Sim, CEO of DK; Hyunseok Sim, CEO of Dongsan Tech; as well as representatives from 11 power equipment and parts manufacturers in the Gyeongnam region. Demand-side companies such as Hyosung Heavy Industries, the Gyeongnam branch of Korea Electric Power Corporation, and the Korea Electrotechnology Research Institute also participated.

The discussion covered various topics including: expanding support for operating funds and facility investment; securing and strengthening the capabilities of skilled professionals; supporting quality assurance, timely delivery, testing, and certification; driving digital transformation and productivity improvement; and exploring domestic and overseas sales channels while strengthening supply chain cooperation.

The participating SMEs noted that the expansion of the AI and data center markets is leading to increased order opportunities, but they are facing significant financial burdens in expanding production facilities and securing raw materials. They also expressed that support for testing, certification, and process innovation is needed to meet the quality and delivery standards required by demand-side companies.

SBC plans to review the issues raised during the meeting and, if necessary, cooperate with relevant organizations to implement follow-up measures.

Sukkyoon Kang, Chairman of SBC, stated, "SBC will actively incorporate the voices of companies heard on-site into our policies and support programs," adding, "We will work with stakeholders such as Hyosung Heavy Industries, Korea Electric Power Corporation, and the Korea Electrotechnology Research Institute to ensure that the growth of individual companies leads to strengthening the competitiveness of the regional supply chain and the power industry ecosystem."

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