South Korean startups are ready to showcase their tech prowess at the world’s top influential technology event – CES 2023, held from January 5 to 8 in Las Vegas, Nevada, USA.
CES will be an entirely in-person event this time, with global tech giants like Google, Meta and Microsoft returning physically to the international stage for innovation after skipping the previous one due to the fast-spreading omicron variant. CES 2021 was held entirely online due to pandemic restrictions.
The Consumer Technology Association (CTA), the organizer of the event, said some 2,200 exhibitors and around 10,000 attendees are expected to show up from around the world. South Korea is the second-largest exhibitor after the United States at CES 2023.
550 South Korean companies, 60 percent of which are Korean startups, have signed up to showcase state-of-the-art products, ranging from home appliances, wearable gadgets and mobility technologies to self-driving vehicles, according to the Korea Information & Communication Technology Industry Association. 355 Korean startups have set up booths at the exhibition site, which is a 20% increase from the previous year.
In the list of CES 2023 Innovation Awards Honoree, about 100 Korean startups were named. Some innovative startups detailed in the CES 2023 Innovation Award Honoree list include beauty tech startup Chowis, smart radar system mmWave, Medtech startup DNA corporation, EV charging solution EVAR, autonomous mobility startup Neubility, VR memorial service Deepbrain AI and AI-based customized emotional music recommendation InDJ.
Korean startups have won four out of 23 Innovation awards. The four startups include
1. Dot Inc. is a manufacturer of a tactile graphic device for the visually impaired and the blind
2. Graphene Square, a startup that has developed a virtual fireplace that generates heat from graphene, a thin, strong material
3. Zkrypto Inc., a cybersecurity firm that has developed a public blockchain voting app
4. Verses Inc., a metaverse music streaming system maker
Korean global tech giants that will attend CES 2023, including Samsung, SK, Hyundai Motor, LG and Lotte groups and HD Hyundai, will also bring in affiliate startups to showcase innovations in technology. Samsung Electronics to bring in 12 startups nurtured via its C-Lab accelerator, Hyundai Motor Group to introduce 10 startups supported by the ZERO1NE acceleration program and online tech giant Naver Corp’s accelerator D2SF and Kakao Ventures to introduce 26 startups. SCG Korea, an accelerator will also hold K-Startup Demo Day where 10 startups get chance to pitch their innovations to potential investors on January 6.
Korea Trade-Investment Promotion Agency (KOTRA) will showcase 90 startups, and Seoul Metropolitan Government is introducing 50 startups. Startups backed by the Korea Institute of Science and Technology (KIST), the Korea Advanced Institute of Science & Technology (KAIST), POSTECH, Seoul National University and Hanyang University, and the Korea Water Resources Corp. will also join the exhibition show.
Also Read,
- Korean AI Beauty Tech company Chowis’ Skin Diagnosis Solution gets CES 2023 Innovation Award
- Smart Radar System’s World’s first mmWave plug-and-play safety monitoring solution gets named in ‘CES 2023 Innovation Award’
- DNA Corporation recognized as ‘CES 2023 Innovation Awards Honoree’ for its ADHD genetic testing kit
- Korean electric vehicle charging solutions startup EVAR awarded ‘Triple-Crown’ in CES 2023
