Samsung Electronics Holds Collaboration Event with 19 Healthcare Startups in Daegu

Daegu City and Samsung Electronics will hold the ‘Samsung Health Startup DAY Daegu’ on the 17th at the Daegu Creative Economy Innovation Center to promote mutual cooperation between local startups in the digital health sector and Samsung Digital Health.

This event was organized as part of open innovation to find business cooperation plans such as software development with excellent local startups while Samsung Electronics is promoting the expansion of its digital healthcare business using wearable devices (Galaxy Watch).

Daegu City Hall, Sangyeok Office Building.

The event will be held with the participation of Samsung Electronics’ Digital Health Team, 19 local startups, and about 70 research institute officials. It will proceed in the order of introducing Samsung’s digital health business, including the Samsung Health specialized SDK and Samsung Health Stack, presenting the business items and technologies of participating startups, and networking between Samsung Electronics and startups.

The Samsung Health specialized SDK is a software development tool that can provide real-time health data measured by Galaxy Watch sensors to external digital health services, and the Samsung Health Stack is an open-source project supporting research and development of digital health technologies.

It is available to any company or medical service institution related to digital healthcare using wearable devices and can be used for related solution development and biomarker research. Therefore, it is expected to be a great help to startups that require time and cost for developing digital health-related apps or solutions.

In Daegu, health sector startups such as ‘Astrogen’, selected as a Ministry of SMEs and Startups Baby Unicorn and Excellent Venture Company, ‘Dr. Tail’, selected as a ‘Super Gap Startup 1000+’, ‘CityCells’, and Neophons and Claire Audience, selected as ‘C-Lab Outside Daegu’, are growing toward becoming the region’s first unicorn companies.

Samsung Electronics stated that with the opening of ‘Samsung Electronics C-Lab Outside Daegu’ in February and this event, business cooperation opportunities between Samsung Electronics and local startups will expand, creating a win-win situation, and plans to actively utilize ‘Samsung Electronics C-Lab Outside Daegu’ as an open innovation gateway for Samsung Electronics.

Choi Un-baek, Director of Future Innovation Growth at Daegu City, said, “I hope this event will be an opportunity for startups in the medical healthcare sector, one of the five major new industries in the region, to grow one step further through cooperation with large companies,” adding, “We will spare no effort to support various initiatives so that startups originating from the region can expand into the global market through cooperation and open innovation between local startups and large and medium-sized enterprises.”

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