Kakao Mobility Accompanies Polish Economic Delegation... A Platform for Advanced Technology Exchange

Ryu Geung-seon, CEO of Kakao Mobility, presenting at the panel discussion session of the Korea-Poland Business Forum.

Kakao Mobility announced on the 16th that it accompanied President Yoon Suk-yeol's state visit economic delegation to Poland and discussed ways to activate technology and business exchanges with local business leaders.

This visit marks Kakao Mobility's second participation in an economic delegation following Vietnam in June. During the visit, as a representative of domestic IT companies, Kakao Mobility also attended the panel discussion session of the ‘Korea-Poland Business Forum’ and presented a vision for advanced industry cooperation. The ‘Business Forum’ serves as a platform to share industry trends and insights and to promote future economic cooperation, with over 350 participants this year, including heads of state, government officials, and business leaders from both countries.

Kakao Mobility emphasized the importance of ‘advanced technology development in the era of big data and AI’ during the ‘Advanced Industry Cooperation’ themed discussion, which included Poland’s Microelectronics and Photonics Technology Association, VIGO Photonics?a leading company in related advanced materials, Comarch?a global software house, and Hanwha Aerospace, a specialized aerospace defense industry company.

Ryu Geung-seon, CEO of Kakao Mobility, who participated in the discussion, explained, “Combining Poland’s ICT development capabilities, established as a European technology hub based on abundant human resources, with the business capabilities Kakao Group has built as a leading domestic IT platform in mobility, mobile messenger, fintech, and entertainment, can greatly contribute to the development of Poland’s ICT industry.” He also predicted that while the investment paradigm between Korea and Poland has so far focused on manufacturing, platform companies like Kakao will lead collaboration with Poland in the big data and AI era.

CEO Ryu added, “Advanced defense industries are fundamentally becoming smarter, data-driven, and autonomous,” and said, “The future technologies Kakao Mobility possesses, such as autonomous driving, UAM (Urban Air Mobility), and high-precision mapping, along with AI-based advanced algorithm development technologies, are expected to contribute not only to Poland’s mobility and ICT services but also to the defense industry.” He also mentioned plans to explore ways to enhance the mobility convenience of tourists from both countries by providing roaming-based ‘Kakao T Overseas Vehicle Call’ services.

Furthermore, in line with the cooperative stance of both governments on Ukraine reconstruction projects, Kakao Mobility plans to prepare contribution measures based on mobility technology and platform business capabilities. CEO Ryu explained that for citizens to receive tangible benefits, reconstruction in terms of platforms and services is as important as physical transportation infrastructure, and they are currently assessing the local platform infrastructure situation before participating in support efforts.

CEO Ryu stated, “Poland has established itself as a European technology hub through abundant IT human resources and attracting investments from global big tech companies,” and added, “While companies from various countries face growth challenges due to market penetration by global big tech, Kakao Mobility plans to share its experience and know-how of possessing outstanding competitiveness not only domestically but also in the global market to build a technology-based future partnership.”

Meanwhile, during the economic delegation to Vietnam in June, Kakao Mobility conducted multiple business collaborations with local IT platform and mobility companies. It signed a memorandum of understanding on electric vehicles and autonomous driving with Vingroup, the largest private company in Vietnam. It also signed a memorandum of understanding for technology cooperation in the mobility platform sector with the manufacturing and technology company, Phenikaa Group. Discussions on IT technology and personnel exchanges were held with FPT, Vietnam’s largest ICT company.

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