Hyundai Elevator Hosts 'Smart Elevator Domestic and International Contest'

[Asia Economy Reporter Hyunseok Yoo] Hyundai Elevator announced on the 22nd that it will hold the elevator idea contest "Think Outside The Box" until the 19th of next month in five major countries including Korea, China, Indonesia, Vietnam, Malaysia, and Turkey.

The theme of this contest is "Smart Elevators in the Era of the 4th Industrial Revolution." It was prepared to reflect practical customer opinions and innovative ideas on rapidly changing elevator trends such as untact and IT-robot integration.

Hyundai Elevator explained, "We adopted the slogan Think Outside The Box to express our intention to explore the potential of elevators as a medium connecting spaces and people, beyond a simple box-shaped vertical transportation device."

The detailed themes are threefold: ▲ Smart elevators applying new technologies ▲ New forms of elevator design ▲ Elevator concepts reflecting unique cultural (national) characteristics (limited to overseas contests).

Participation is open to the general public, university (graduate) students, either individually or in groups (up to 2 people). The total prize money amounts to approximately 135 million KRW. For the domestic category, the grand prize is 10 million KRW (1 team), silver prize 5 million KRW (3 teams), bronze prize 3 million KRW (3 teams), and honorable mention 300,000 KRW (10 teams).

For the overseas category, each country awards a grand prize of 4,000 USD (1 team), 2,000 USD (3 teams), bronze prize 1,000 USD (3 teams), and honorable mention 200 USD (10 teams).

Submissions must be in A3 size PDF or JPG file format and sent via email.

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