WTOIP Forged a Sino-Korean Super Highway on Innovation via IPIEC GLOBAL 2018

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2018-09-20

During Sep. 3 to Sep. 14, IPIEC GLOBAL 2018 ・ South Korean Project Roadshow and Matchmaking series activities have been successfully conducted, encompassing project training workshop arranged in Gyeonggi-do, Korea, participating in KVRF 2018 in Seoul, matchmaking events for 10 Korean contestants in Guangzhou, China, and two rounds of project roadshows and assessments in both countries by renowned investors and entrepreneurs locally.

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Project Assessment & Training in Gyeonggi-do
Presented by Leading Enterprises and Investors from China's VR/AR Industry
On Sep. 3, a project training & assessment event for Korean contestants of IPIEC GLOBAL 2018 was held in Gyeonggi-do, attended by the Chinese investor delegation which was led by WTOIP and formed by investors from renowned enterprises in China's VR industry including Fortune Capital, Grass Roots Angel Investor Club, T-Rex Capital and Yiyi Angel Investment. One-on-one meeting was arranged between each of the 10 Korean contestants and each Chinese investment institution, in order to explore cross-border collaboration and discuss specific project launch plan in China.

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The Chinese delegation was invited to participate in KVRF 2018 in the following days. Representatives from Leafun Tech Group, ZTEICT, NINED VR, Zhuoyuan VR, Shenzhen Virtual Reality Industry Association – which are VR industry leaders and influential associations in China, were present at the individual counter arranged by the organizer to receive Korean visitors and answer inquiries related to the VR industry in China and market entry. VR/AR enterprises and technologies worldwide were brought together to this Korea's annual tech gala to reflect the latest industry trend and development.

Bringing IPIEC GLOBAL 2018 Korean Project Matchmaking & Roadshow to China
On Sep. 13, IPIEC GLOBAL 2018 Korean Project Matchmaking & Roadshow in Nansha was collectively organized by WTOIP, Gyeonggi Venture Business Association and Unicorn Field Accelerator. Through visiting the Promotion Bureau of Investment and Trade of Nansha District, the Korean contestants were able to gain better understanding on local policies and incentives relating to introduction of foreign technology and talent.

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Representatives of renowned local enterprises, such as iFlytek, Guangzhou International AI Industry Research Institute, GAC-Nio, Pony.ai were invited to attend the matchmaking section to have direct talk with Korean contestants for cooperation possibilities. Besides, top-tier AI companies and experts in the field were also present, adding great value and industry insights to this event.

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Ms. Amy Chan, Co-founder of WTOIP, mentioned in her opening address that WTOIP has been actively seeking global expansion and the pragmatic while multiple measure of cross-border technology transfer and commercialization, in order to fuel the technology advancement in China. This Sino-Korean matchmaking event will bolster in-depth collaboration on between the two countries on technology, economics and culture.

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More than 500 technological projects from Korea have been collected over the past 3 months, among which 10 exquisite technologies were selected to participate in the Korean roadshow of IPIEC GLOBAL 2018. By introducing these technologies to Guangzhou, it is believed that they will play a significant role in enhancing the AI industry competency of the region.

Top 4 Projects Announcement
IPIEC GLOBAL 2018 Korean Chapter Started
After visiting the Promotion Bureau of Investment and Trade of Nansha District and the Unicorn Field Accelerator, top 4 projects of IPIEC GLOBAL 2018 Korean Chapter were announced at the Guangzhou IP Valley on September 14th. In the morning, IP experts from WTOIP shared their experience in international technology transfer, and delivered an excellent speech on the importance of IP deployment in the international technological cooperation.

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Xingyao Huangm, Deputy Director of Guangzhou SME Bureau, Vice Edmont Rao, Vice President of WTOIP, and representative of IPLUSCENTER addressed respectively during the contest. Mr. Huang mentioned that IPIEC GLOBAL is a beneficial exploration of Guangzhou in Sino-foreign technological cooperation mode, playing an important role in accelerating the development of Guangzhou's strategic emerging industries as well as the construction of international technology innovation hub, and deepen the comprehensive strategic partnership between China and Korea.

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Edmont mentioned that WTOIP attached great importance to the technology exchange with Korea, and organized a series of matchmaking and exchange events. Joining hands with institutions such as Sino-Korean Venture Consulting, WTOIP provides IP and enterprise services to Korean projects who are keen to enter the China market,  including matchmaking to Chinese investment institutions and elite enterprises, IP planning and depyoyment in China etc. In the past IPIEC GLOBAL, 2 contestants' projects successfully launched in Guangzhou, promoting the matchmaking and industrialization of innovation resources between China and Korea.

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Representative from IPLUSCENTER, believed that Korean innovative technologies are keen to enter the China market which is considered to have the huge market opportunity. He looked forward to receiving advice to today's contesting projects from Chinese entrepreneurs and investors, bolstering the Sino-Korea technology exchange and matchmaking.

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In addition, IPIEC GLOBAL 2018 Korean Chapter invited representatives of renowned investment institutions including Qiusheng Hou, Founder of Maple Forest Capital, Jianguo Zhu, Director of Investment of Hiway Capital, Leming Xu, Director of Investment of Aotou Capital, Jie Liu, Co-founder of Hai Chuanghui etc., in order to forge a top-notch judge panel.

After fierce competitions, Green Power, wireless re-charge technology for electric vehicle, MEDIAZEN, solution plan of embedded speech dialog system, SemiSolution, customized semiconductor & development of analog IP, and Humintec, tumor diagnosis platform based on AI telepathology were selected as the top 4 projects in the Korean Chapter, and will advance into the Global Top 30 of IPIEC GLOBAL 2018.

New technology and new industry have become the core elements of a nation's comprehensive strength. As an intellectual property and enterprise service resources sharing platform, WTOIP will continue to forge itself into an innovative connector between China and the world, and promote the industrialization of global technological achievements through innovative forms such as IPIEC GLOBAL 2018.

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About IPIEC GLOBAL
IPIEC Global is an innovation and entrepreneurship contest to promote revolutionary technologies, and to improve the awareness of the general public about technology trends and IP concepts.

Contacts
WTOIP Global
Email: ipiecglobal@wtoip.com
www.wtoip.com/ipiecglobal/en

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