Inspire and Hyundai Futurenet Sign Business Agreement for Establishing Complex Resort Media Facilities

Samsung Electronics signed a Memorandum of Understanding (MOU) for the establishment of the Inspire Entertainment Resort Media Facility with Inspire and Hyundai Futurenet at the IFC Building in Yeouido, Seoul on the 20th. From left in the photo: Oh Chio, Vice President of Samsung Electronics Korea, Ray Pinolt, CEO of Mohegan, and Ryu Seong-taek, CEO of Hyundai Futurenet. Photo by XXX

Samsung Electronics signed a Memorandum of Understanding (MOU) for the establishment of the Inspire Entertainment Resort Media Facility with Inspire and Hyundai Futurenet at the IFC Building in Yeouido, Seoul on the 20th. From left in the photo: Oh Chio, Vice President of Samsung Electronics Korea, Ray Pinolt, CEO of Mohegan, and Ryu Seong-taek, CEO of Hyundai Futurenet. Photo by XXX

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[Asia Economy Reporter Park Sun-mi] Samsung Electronics is set to establish a high-end media system at the largest integrated resort in Northeast Asia, the 'Inspire Entertainment Resort,' scheduled for completion by the end of 2023.


On the 20th, Samsung Electronics announced that it signed a Memorandum of Understanding (MOU) for the establishment of media facilities at Inspire Entertainment Resort together with Inspire and Hyundai Futurenet at the IFC Building located in Yeouido, Seoul. The Inspire Entertainment Resort, currently under construction in the international business district of Incheon International Airport, will be built on approximately 4.3 million square meters of land and will feature a 1,200-room 5-star hotel, a multi-purpose professional performance hall with a seating capacity of 15,000, various convention facilities, shopping arcades, an indoor water park, and an outdoor theme park.


Samsung Electronics will form a joint consortium with Hyundai Futurenet to jointly promote the design, product supply, construction, and operation of the necessary media facilities within the resort. In particular, Samsung Electronics will supply a world-class smart LED signage system throughout the resort facilities.



Oh Chi-oh, Vice President and Head of Samsung Electronics Korea, said, “We are pleased to build the LED signage system together with Hyundai Futurenet at the Inspire Entertainment Resort, which will become a landmark of Yeongjong Island,” adding, “We will continue to contribute to showcasing innovative future-oriented spaces based on our unparalleled display and IT technologies.”


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

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