Korea Wins 139 Innovation Awards for Technologies and Products at CES This Year... 'Record High'

[Image source=Reuters Yonhap News]

[Asia Economy Reporter Jeong Hyunjin] At CES 2022, the world's largest electronics and IT exhibition held recently in Las Vegas, USA, 139 Korean technologies and products received CES Innovation Awards, setting a new record for the most awards ever received.

According to the report "Innovation Trends in the Era of Coexisting with COVID-19 Seen through CES 2022" released on the 10th by the Korea International Trade Association's International Trade and Commerce Research Institute, Korean technologies and products received 139 of the total 623 CES Innovation Awards this year, accounting for 22.3%. This surpasses the 101 awards received in 2020 and 2021, marking the highest number ever. The number of Korean companies participating in CES this year was also a record high at 416.

This year, CES Innovation Awards were given to 623 technologies and products across 27 categories, among which four fields?▲Health & Wellness ▲Mobility ▲Sustainability ▲Virtual & Augmented Reality?accounted for 27.2% (170 awards) of the total, showing that technological innovation was most active in these areas amid the pandemic.

In particular, the number of Innovation Awards in the Health & Wellness category increased nearly fivefold from 16 in 2019 to 77 this year, making up the largest share (12.4%) of this year’s awards. Award-winning products in the Mobility category increased from 20 last year to 40 this year, and those in the Virtual Reality category rose from just 4 last year to 19 this year. The number of award-winning products in the Sustainability category also increased from 22 last year to 34 this year.

Looking at the award-winning Korean products by category, Korean companies accounted for 10 out of 33 Innovation Awards in the Sustainability category, representing 30.3%, and 14 out of 75 (18.7%) in Health & Wellness. Additionally, in the Software & Mobile Web category, Korean companies won nearly half of the Innovation Awards (16 out of 33, or 48.5%).

Senior Researcher Park Gahyeon of the Korea International Trade Association said, "As health, safety, sustainability, and virtual reality-related products become global trends due to COVID-19, our companies are steadily focusing on technological innovation and product development despite the difficulties caused by the pandemic." She added, "In a rapidly changing environment, we must continue to analyze global trends and invest in research and development to strengthen the competitiveness of our products."

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