POSCO Group participated in CES 2023, the world’s largest IT and electronics convergence fair held in Las Vegas, the U.S., this year following last year.
CES 2023 is held from Jan. 5 to 8, and at the event, POSCO Group introduced the POSCO Venture Platform, which finds and invests in future new growth businesses and 19 venture companies that are growing now after being found by the platform in collaboration with POSTECH.
The Consumer Electronics Show (CES) is the world’s largest digital state-of-the-art technology fair, and about 2,200 companies are participating this year. The number of visitors is expected to almost double compared to last year as the space for exhibitors grows by more than 50% and reaches 186,000 square meters.
POSCO Group is participating for the second time following last year and doubled the exhibition space compared to last year. Nineteen companies found, fostered, and invested in by the POSCO Venture Platform will run their own booths and hold company briefing sessions.
The Research Institute of Industrial Science & Technology (RIST), a research institute under POSCO Group that specializes in practical applications, will also exhibit and present metal microstructure analysis AI technology and a facility/structure soundness assessment solution.
“POSCO Group has established a healthy venture ecosystem by operating its own venture platform based on a KRW 1 trillion fund since 2019 to secure future growth engines, foster youth employment, and revitalize the regional economy. The excellent venture companies POSCO Group fosters will have more business opportunities by being exposed to various global cooperative partners through CES,” said Park Seong-jin, who is in charge of industry-academia-research cooperation at POSCO Holdings.
Among the 19 venture companies participating in the POSCO Group exhibition hall, Graphene Square was named the Best of Innovation Award honoree, and ONESOFTDIGM, AI FOR PET, HME Square, and Lutra won innovation award. A total of 34 small and medium Korean venture companies received awards in CES this year, among which five are venture companies participating in the POSCO Group exhibition hall, which is very meaningful as only 17 of the 2,200 participating companies from around the world received the Best of Innovation Award.
Meanwhile, about 180 students attending POSTECH participated in CES 2023. POSTECH provided a special opportunity to all the students that entered in 2020, who could not experience global trends in person due to COVID-19, to participate in CES 2023. Flights, accommodations, cost of stay, etc., were supported fully by POSTECH.
POSTECH expects the students to learn about the latest global technology trends by exploring CES and have an opportunity to see how what they have studied is implemented as technology and think about what field they will go into by incorporating those technologies into their major.