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Information Technology was once the miracle worker of Korea, credited with a boosted GDP, GNP, and number of businesses. Has the IT bubble popped now as some may say, or is it still a treasure trove that requires patient digging? The 2009 IT 21 Global Conference called out "Aye!" on the second question.

Many Japanese companies attended the IMAC 2009 to purchase Korean materials and components. Since last year, the Japanese currency exchange rate has been high, and the price for materials and components is very attractive to prospective Japanese buyers. As a result, 59 Japanese companies, twice as many as expected, have attended the show, and 36 of them consulted with 270 Korean companies and made 600 inquiries for materials purchases. The expected sum of export contracts was 286 million dollars.

All 7 material purchase managers from Mitsubishi Electrics Co. have attended the show and they will purchase over 120 components and parts for air conditioning systems, railroads, elevators, and electrical systems.

Best Machining Technology (BMT) is located at the Noksan Industrial Complex in Busan. It is a listed firm that has been successfully nominated as an official supplier and manufacturer of tube fittings and valves because of its superior quality and accumulated technology experience.

Many investors are drawn to Iksan Parts and Materials Industrial Complex not only due to its geographical proximity, but also because Iksan has an excellent R&D infrastructure. About 60 cities including Seoul, Busan, Tokyo, Taipei, Shanghai, Beijing, and Vladivostock are within 2,000 kilometers of Iksan. In fact, about 35% of the world's exports are shipped in this region every year.