Promising Korean ICT Company and Metaverse Innovator Connects Global Markets with ICT WOW Platform

SEOUL, South Korea–(BUSINESS WIRE)–#ICT–The National IT Industry Promotion Agency (Director Heo Seong-wook), under the Ministry of Science and ICT, announced the successful completion of four online and one offline consultation session for the 2023 ICT WOW On/Offline Export Consultation program conducted from July to November 2023.

Korean ICT technology companies leveraged the ICT WOW export consultation to connect with overseas buyers from the US, China, and Singapore. Initial online interactions paved the way for deeper discussions through in-person meetings, fostering promising collaborations and business exchanges.

At the ICT WOW export consultation, domestic companies wowed overseas buyers with live demonstrations of their cutting-edge technology, content, and services. This interactive approach fostered a deeper understanding and appreciation of their offerings, leading to a highly positive response.

As a result, four MOUs were forged between Korean tech leaders like Victoria Production, MetaBuild, and Motorhead, and international partners LIMA GROUP Pte.Ltd and JUITA VIDEN. Equipped with detailed insights into overseas buyers, domestic companies were empowered to forge successful business connections.

The National IT Industry Promotion Agency (NIPA) is driving the global expansion of Korean ICT technology companies through ICT WOW, a dynamic online and offline export consultation program.

The ICT WOW platform has been revamped and is now operational since December. This relaunch aligns with projects led by the Ministry of Science and ICT and the National IT Industry Promotion Agency, supporting overseas export efforts for ICT technology companies and fostering technological advancements, including the Metaverse.

About ICT WOW

The National IT Industry Promotion Agency is operating ICT WOW (ictwow.com), an integrated platform that supports exports in a non-face-to-face (online) environment, to smoothly develop overseas sales channels for domestic information and communication companies after the Pandemic. Through the ICT WOW platform, users can communicate with recommended buyers and sellers, carry out online promotions, and exchange business cards. ICT WOW also provides opportunities for companies to expand their global business by providing information through AI chatbots and individual video meetings.

For more info, please visit: www.ictwow.com

Contacts

ICT WOW Operation Secretariat

Suri Hwang

ictwow@ecomice.com