Daegu·Gyeongbuk Secures $1.64 Million Export Contracts at World's Largest Electronics Expo 'CES 2020'

CES 2020 Daegu-Gyeongbuk Joint Exhibition Hall. (Photo by Daegu City)

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Yushin] Daegu and Gyeongbuk companies participating in the 'International Consumer Electronics Show (CES 2020)' held in Las Vegas, USA, signed export contracts worth $1.64 million (approximately 1.9 billion KRW).

According to Daegu City and Gyeongbuk Province on the 14th, 47 small, venture, and startup companies participated in the joint exhibition hall set up at CES, the world's largest electronics fair, held from the 7th to the 10th.

Companies in fields such as the Internet of Things (IoT), robotics, and smart healthcare conducted 425 export consultations and signed export contracts worth $1.64 million.

Jeongan Health Management, which exhibited intelligent smart lighting, signed a supply contract worth $1.14 million with a US smart home retailer and agreed to ship 1,000 units as the first batch.

Uri Soft exhibited 'Neuro World,' cognitive rehabilitation software, received the 'CES Innovation Award,' and signed a memorandum of understanding to establish a joint venture worth $500,000 with UTF Corporation of Canada.

Daegu Mayor Kwon Young-jin said, "I am confident that the direction our city has taken to foster future industries represented by 5+1 sectors?water, medical, future cars, robotics, energy, and smart cities?has been appropriate," adding, "We will actively support our local companies to continue growing based on new technologies."

This content was produced with the assistance of AI translation services.