Compelo Medical Devices is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

GE Healthcare plans to double production of ultrasound system in South Korea

Diagnostic cardiology provider GE Healthcare has plans to invest $8.7m (KRW10bn) to boost the production capacity of ultrasound systems by double in South Korea.

As part of this strategy, by February, 2014, GE Ultrasound, a unit of GE Healthcare, plans to improve production and construct a six-story building adjacent to the existing manufacturing facility.

Currently, the company manufactures around 15,000 ultrasound systems each year. The South Korean business division produces about a third of all ultrasound equipment manufactured by GE Healthcare globally. About 95% of the systems produced at its Seongnam plant, Seoul, is exported to more than 150 countries.

GE Ultrasound president Choi Young-chun was quoted by Korea IT Times as saying that the rate of domestic parts usage in its facility is nearing 100% due to support of 120 small-sized suppliers in the country.

"The latest announcement of investment is proof that our plant is recognized widely as a quality producer with excellence in R&D capabilities," Young-chun added.