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Young Inner Form, a Korean underwear manufacturer said that economic exchange between the two Koreas is the power of the Korean Peninsula Young Inner Foam, there is no place as competitive as Kaesong Industrial Complex...
Dec 24, 2020, 07:25
Young Inner Foam, a Korean seamless underwear manufacturer that introduced Korea's first seamless underwear, is a resident company of the Kaesong Industrial Complex. In 2004, the factory in the Kaesong Industrial Complex began to operate, and product production took place.
Young Inner Form, a seamless underwear manufacturer, was sold in the Kaesong Industrial Complex in 2007 and started production in 2008. In 2005, the company achieved a USD 10bilion in sales, and the company have an economic effect
Lee Jongduk, vice chairman of the Kaesong Industrial Complex Business Association and CEO of Young Inner Foam, a Korean seamless underwear manufacturer, said, “The Kaesong Industrial Complex have not only to the aspects of harmony and peace between the two Koreas, but also to the economic effect such as lack of the job opportunities can be solved. Compared to Chinese products, companies can have global competitiveness in quality and price competitiveness.”
“When the Kaesong Industrial Complex operates, it has price competitiveness compared to China and its quality is also excellent. I think this is the power of the Kaesong Industrial Complex. If the two Koreas resume economic exchange, it will soon become the power of the Korean Peninsula,” he emphasized the meaning of the Kaesong Industrial Complex.
However, since the Kaesong Industrial Complex closed in 2016, most of the tenant companies have suffered and are striving to normalization
The CEO of a Korean seamless underwear manufacturer, Young Inner Foam, expressed his conviction that "There is no place in the world as competitive as the Kaesong Industrial Complex." Companies in the Kaesong Industrial Complex can grow organically with Korean companies by procuring materials, office supplies, and food materials from South Korea.”
“I think producing products in the Kaesong Industrial Complex and exporting them overseas is a very attractive work. Isn't this the beginning of a small unification to the Korean with the underwear made by the North and South Korea?” said Jongduk Lee, CEO of Young Inner Form
Moreover, a Korean seamless underwear manufacturer Young Inner Form has plants in Korea, Vietnam and Cambodia. The products produced are distributed in the United States, Europe, Taiwan, Vietnam, and other parts of the world through global overseas partners such as Wal-Mart and Target
For more information on Young Inner Form, please visit www.younginner.com
Contact : Tel. +82-02-2684-6737 /
Related Link : www.younginner.com
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