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A GLIMPSE OF HOPE AND OPTIMISM AT CES 2020

January 13, 2020

Tuesday, January 14, 2020 At the start of a new year and decade, innovators and tech industry professionals around the globe gathered in Las Vegas, Nevada USA to take an up-close look at the latest consumer electronic technologies and services that could soon be on the market. 

CES (Consumer Electronics Show) 2020, the world’s largest consumer electronics expo, drew more than 170,000 attendees and 4,500 exhibiting companies from January 6th through the 9th. Start-up, small, medium and large companies alike exhibited their breakthrough technologies throughout exhibit spaces of more than 2.9 M square feet in multiple locations. Among the company, 307 were from the Fortune Global 500. Products being featured spanned all facets of high tech… from artificial intelligence, augmented & virtual reality, 3D printing, robotics, drones, audio, vehicle tech, wireless and much more.

CES is a venue that transcends different geographical boundaries, culture and language differences. Although the trade dispute between world’s two largest economies, the US and China, still looms over the industry (in fact major Chinese tech giants such as Alibaba, Tencent, and JD.com were absent), more than 61,000 out of the 175,000 industry professionals came from outside the U.S in order to connect with the exciting global business opportunities – to make new collaborations and close deals.

Personally and professionally my great interest at CES was to connect with the South Korean business delegation. The number of South Korean companies who participated reached 390 including multiple mega giant tech companies, making South Korea the 3rd largest participating country behind the US and China. 

Perhaps the most impactful takeaway for all for CES 2020 transcended previewing fascinating products and services and even finding business opportunities. It was instead the sense of hope and optimism many of us felt for how ever-evolving technology and innovation is, propelled by the progress of the human mind to solve some of the world’s biggest problems and challenges. How do we ensure healthier, safer and fuller lives for all? How do we address climate change and save our environment? How do we empower the underrepresented – the elderly, the disabled, and women by education, narrowing the digital gap and creating more jobs in the era of the 4th industrial revolution?  How do we ensure privacy and protection in the age of universal connectivity where everything is connected to everything? 

In using technology in addressing these challenges, the Korean companies shined. Samsung Electronics, holding pole position in the world TV industry, presented its vision for “revolutionizing the consumer lifestyle, impacting the way people work, play and connect with each other” by showcasing robots, cars, TVs and wireless devices enabled by its cutting-edge technologies.

The city of Seoul, South Korea’s capital, the home of 10 million people, showcased the “Seoul Smart City Platform”, the world’s first digital administrative platform powered by information and communication technologies allowing policymakers to make informed policy decisions affecting the quality of lives of Seoulites day-to-day. 

Another notable Korean company exhibited at CES, Hancom Group, presented the Intelligent City Platform, an Urban control tower like platform that combines AI, blockchain, and IoT technology with easy visualization of real-time data. It displayed also AI-powered advanced home and educational robots with customized facial and voice recognition capabilities and a private blockchain platform called Life Blockchain that provides secure and convenient data organization, transaction and forging throughout our lives from birth to senior life. 

Dr. Peter Wonsok Yun, President of Hancom Group gave voice to the largest ICT firm in South Korea, wanting to expand its global presence, especially in the United States. Keep innovating, Dr. Yun!

Source

https://www.globalchamber.org/blog/2020/01/14/global-chamber/a-glimpse-of-hope-and-optimism-at-ces-2020

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