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GVC status of the electronics industry & GVC promote case studies of the domestic electronics industry

전자산업의 GVC 현황과 국내 전자업체의 GVC 추진사례 분석

  • Received : 2016.08.29
  • Accepted : 2016.10.20
  • Published : 2016.10.28

Abstract

Electronics industry provides more revenue and jobs, and plays an important role in a variety of fields. During recent changes to the industrial strategy by IT convergence technology development and global economic integration, Global Value Chain(GVC) of the ICT industry has been expanded. The global value chain is a structure consisting of the global dimension in all the processes of business activity for value-added production, R&D, manufacturing, sales, A/S etc. The purpose of this study is to analyze the GVC in the electronics industry and GVC promote practice of Samsung Electronics and LG Electronics. GVC of the electronics industry was developed from 1980, and established manufacturing plant in the United States and Canada. GVC has moved to low-cost countries such as China, Taiwan and India to cut costs, In recent years, because of the rising labor and production costs in China, manufacturing plants move to the Vietnam that has relatively cheap production base. To develop consistently, Korean electronics companies should carry out a new strategy such as item and brand marketing to exporting country.

Keywords

Global Value Chain;Electronics Industry;Convergence;Samsung Electronic;LG Electronic

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