Hosted by the Ministry of Science and ICT… Over 7,000 Participants Join U.S. and China Events Online
A company representative participating in ‘K-Pitch,’ held as part of the ‘K-Global@ 2020’ event, introduces the company’s products and services. (Photo provided by the Ministry of Science and ICT)
The Ministry of Science and ICT announced on the 8th that 533 export consultation meetings were conducted during the ‘K-Global@ 2020’ event, which was held to support the expansion of promising domestic ICT companies into the U.S. and Chinese markets.
Marking its 9th year, the event featured online exhibitions and export consultation sessions, an ICT Innovation Forum, and startup pitching competitions. The Korea Trade-Investment Promotion Agency (KOTRA) and the National IT Industry Promotion Agency (NIPA) jointly hosted the events online, which took place in China on November 4–5 and in the United States from December 1–4.
Under the theme “ICT Business and the Artificial Intelligence Industry in the Post-COVID Era,” the event attracted approximately 7,000 participants, including business professionals, overseas buyers, investors, and members of the general public.
In particular, 82 promising domestic ICT companies in fields such as artificial intelligence, big data, cloud computing, virtual and augmented reality (VR/AR), and the Internet of Things (IoT) participated in the export consultation sessions. Global companies including Facebook, Amazon, Tencent, and China Telecom joined as overseas investors, resulting in 533 export consultation meetings conducted online.
In addition, K-Pitch, held in the United States and China, featured 28 Korean companies that promoted their technologies and services to global investors.
Pitch evaluations were conducted in real time, both on-site overseas and online. In China, the WainHills Ventures team, which showcased technology that automatically converts text into video, won first place, while in the United States, the DoubleMe team, which presented deep-learning-based 3D video capture and sharing technology, claimed the top prize. Winning teams received the Minister of Science and ICT Award along with KRW 10 million in prize money. Second- and third-place teams were awarded KRW 5 million and KRW 3 million, respectively.
At the ‘International Pitch,’ where 10 startup teams from seven countries competed, the H2O Hospitality team—previously the second-place winner at K-Pitch—won first place by presenting a digital hospitality industry operation and management service. The DoubleMe team, which placed first at K-Pitch, also secured third place in the International Pitch.
Byung-jin Kwak, Director of the ICT Industry Infrastructure Division at the Ministry of Science and ICT, stated, “This event is meaningful in that it has opened new pathways to overcome the contraction in overseas exports and investment attraction caused by COVID-19,” adding, “We will continue to make multifaceted efforts to expand opportunities for overseas business cooperation for ICT companies.”
View the original article
http://www.dt.co.kr/contents.html?article_no=2020120802109931650004&ref=naver
https://view.asiae.co.kr/article/2020120810254301597
http://www.inews24.com/view/1324642
https://www.edaily.co.kr/news/read?newsId=02860166625996552&mediaCodeNo=257&OutLnkChk=Y
https://www.asiatoday.co.kr/view.php?key=20201208010005097
https://www.etoday.co.kr/news/view/1971395
http://www.newsprime.co.kr/news/article/?no=526749
http://www.newsworks.co.kr/news/articleView.html?idxno=510163
http://www.digitaltoday.co.kr/news/articleView.html?idxno=255912
https://www.metroseoul.co.kr/article/20201208500377
http://www.sportsseoul.com/news/read/989166?ref=naver
https://www.weeklytrade.co.kr/news/view.html?section=1&category=3&item=&no=70132
https://www.dailysecu.com/news/articleView.html?idxno=118153
http://www.upkorea.net/news/articleView.html?idxno=837411
https://www.boannews.com/media/view.asp?idx=93293&kind=
http://www.cctvnews.co.kr/news/articleView.html?idxno=215705
Hosted by the Ministry of Science and ICT… Over 7,000 Participants Join U.S. and China Events Online
The Ministry of Science and ICT announced on the 8th that 533 export consultation meetings were conducted during the ‘K-Global@ 2020’ event, which was held to support the expansion of promising domestic ICT companies into the U.S. and Chinese markets.
Marking its 9th year, the event featured online exhibitions and export consultation sessions, an ICT Innovation Forum, and startup pitching competitions. The Korea Trade-Investment Promotion Agency (KOTRA) and the National IT Industry Promotion Agency (NIPA) jointly hosted the events online, which took place in China on November 4–5 and in the United States from December 1–4.
Under the theme “ICT Business and the Artificial Intelligence Industry in the Post-COVID Era,” the event attracted approximately 7,000 participants, including business professionals, overseas buyers, investors, and members of the general public.
In particular, 82 promising domestic ICT companies in fields such as artificial intelligence, big data, cloud computing, virtual and augmented reality (VR/AR), and the Internet of Things (IoT) participated in the export consultation sessions. Global companies including Facebook, Amazon, Tencent, and China Telecom joined as overseas investors, resulting in 533 export consultation meetings conducted online.
In addition, K-Pitch, held in the United States and China, featured 28 Korean companies that promoted their technologies and services to global investors.
Pitch evaluations were conducted in real time, both on-site overseas and online. In China, the WainHills Ventures team, which showcased technology that automatically converts text into video, won first place, while in the United States, the DoubleMe team, which presented deep-learning-based 3D video capture and sharing technology, claimed the top prize. Winning teams received the Minister of Science and ICT Award along with KRW 10 million in prize money. Second- and third-place teams were awarded KRW 5 million and KRW 3 million, respectively.
At the ‘International Pitch,’ where 10 startup teams from seven countries competed, the H2O Hospitality team—previously the second-place winner at K-Pitch—won first place by presenting a digital hospitality industry operation and management service. The DoubleMe team, which placed first at K-Pitch, also secured third place in the International Pitch.
Byung-jin Kwak, Director of the ICT Industry Infrastructure Division at the Ministry of Science and ICT, stated, “This event is meaningful in that it has opened new pathways to overcome the contraction in overseas exports and investment attraction caused by COVID-19,” adding, “We will continue to make multifaceted efforts to expand opportunities for overseas business cooperation for ICT companies.”
View the original article
http://www.dt.co.kr/contents.html?article_no=2020120802109931650004&ref=naver
https://view.asiae.co.kr/article/2020120810254301597
http://www.inews24.com/view/1324642
https://www.edaily.co.kr/news/read?newsId=02860166625996552&mediaCodeNo=257&OutLnkChk=Y
https://www.asiatoday.co.kr/view.php?key=20201208010005097
https://www.etoday.co.kr/news/view/1971395
http://www.newsprime.co.kr/news/article/?no=526749
http://www.newsworks.co.kr/news/articleView.html?idxno=510163
http://www.digitaltoday.co.kr/news/articleView.html?idxno=255912
https://www.metroseoul.co.kr/article/20201208500377
http://www.sportsseoul.com/news/read/989166?ref=naver
https://www.weeklytrade.co.kr/news/view.html?section=1&category=3&item=&no=70132
https://www.dailysecu.com/news/articleView.html?idxno=118153
http://www.upkorea.net/news/articleView.html?idxno=837411
https://www.boannews.com/media/view.asp?idx=93293&kind=
http://www.cctvnews.co.kr/news/articleView.html?idxno=215705