SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ — National IT Industry Promotion Agency (NIPA) announced that the 2021 IoT KOREA ONLINE BUSINESS MEETING, which was held from November 2nd to 4th, was completed. The event achieved significant export outcomes by arranging 369 business meetings over three days at the Pangyo 2nd Techno Valley Corporate Support Hub.
Completion of ‘2021 IoT KOREA ONLINE BUSINESS MEETING’ held by NIPA
Promising small and medium-sized IoT companies in Korea had been targeting overseas markets, tapping into large global marketplaces every year. With the spread of COVID-19, contactless business meetings for export were held online last year and this year.
This year’s event was attended by 60 overseas buyers from 28 countries, including the Americas, Europe, and the New Southern Region. At contactless business meetings, 25 Korean IoT companies actively promoted new technologies and competitive products in the IoT industry to expand into global markets in the era of the 4th industrial revolution.
In particular, products and solutions introduced by companies such as Toysmyth, Simplatform, Dream Guide Company, N3N, Convivial, and Breathings received favorable reviews. More detailed information on companies participating in the event can be found on in ‘the 2021 IoT KOREA ONLINE BUSINESS MEETING’ section on the website.
Korean IoT companies have achieved a total of 3,600 US dollars and five MOUs through 369 business meetings for export. NIPA will figure out additional achievements through follow-up surveys between the Korean companies and overseas buyers participating in the meetings. In addition, next year’s event will be expanded to strengthen support for small and medium-sized IoT companies.
Meanwhile, NIPA is an affiliated organizations of the Ministry of Science and ICT, developing ICT policy and supporting ICT SMEs and Startups. As an institution specializing in ICT industrial innovation, NIPA is a great contributor to economic development and improving quality of life by enhancing Korea’s ICT industry competitiveness and fostering growth engines, and detailed information can be found on the website.
Support Independent Community Journalism
Dear Reader,The Indian Sun exists for one reason: to tell stories that might otherwise go unheard.
We report on local councils, state politics, small businesses and cultural festivals. We focus on the Indian diaspora and the wider multicultural community with care, balance and accountability. We publish in print and online, send regular newsletters and produce video content. We also run media training programs to help community organisations share their own stories.
We operate independently.
Community journalism does not have the backing of large media corporations. Advertising revenue fluctuates. Platform algorithms change. Costs continue to rise. Yet the need for credible, grounded reporting in a multicultural Australia has never been greater.
When you support The Indian Sun, you support:
• Independent reporting on issues affecting migrant communities
• Coverage of local and state decisions that shape daily life
• A platform for small businesses and community groups
• Media training that builds skills within the community
• Journalism accountable to readers
We cannot cover everything, but we work to cover what matters.
If you value thoughtful reporting that reflects Australia’s diversity, we invite you to contribute. Every donation helps us maintain the quality and consistency of our work.
Please consider making a contribution today.
Thank you for your support.
The Indian Sun Team
