Martial Arts, Chairman Group Companies - Supporting Domestic Startup Open Innovation

[Asia Economy Reporter Jeong Hyunjin] The Korea International Trade Association (KITA) announced that it will hold the 'KITA Chairman's Group Open Innovation between Companies and Domestic Startups' online for two days starting from the 12th to commemorate its 75th anniversary.

At the event, three chairman group companies?Seez Global, the leading manufacturer of sports and safety gloves; Meta Biomed, which boasts the world's number one market share in dental nerve treatment filling materials; and Exicon, a semiconductor inspection equipment manufacturing and service company?will hold online meetings with 13 startups in fields such as Internet of Things (IoT), virtual and augmented reality (VR/AR), display, and robotic process automation (RPA).

Seez Global's Research Director Moon Sungjin said, "Through this open innovation, we were able to confirm the possibility of integrating information and communication technology (ICT) convergence technologies," adding, "Specifically, we plan to review the development of heated gloves, application of sensors in complex exercise equipment, rehabilitation therapy using gloves, and development of virtual tactile sensations."

KITA explained that startups that succeeded in collaboration through last year's 'Open Innovation in the Trade Sector' commemorative event are now producing results. Allganize, an artificial intelligence (AI) chatbot solution company, has introduced and is operating a chatbot on TradeKorea, a B2B online trading platform directly operated by KITA. Wayne Hills Ventures, which is producing AI-based automatic video content in collaboration with Startup Branch and the International Trade and Commerce Research Institute, recently secured Series A investment.

Park Seonkyung, Head of the Innovation Ecosystem Office at KITA, said, "We will expand support for startups, including proof of concept (PoC) testbed projects, to help excellent startups serve as innovative growth engines across the trade industry."

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