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	<title>Herald English &#187; startup</title>
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		<title>Various developments and challenges  with medical care using artificial  intelligence &#8220;INFOMINING&#8221;</title>
		<link>http://heraldk.com/en/2023/06/01/various-developments-and-challenges-with-medical-care-using-artificial-intelligence-infomining/</link>
		<comments>http://heraldk.com/en/2023/06/01/various-developments-and-challenges-with-medical-care-using-artificial-intelligence-infomining/#comments</comments>
		<pubDate>Thu, 01 Jun 2023 08:31:38 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[infomining]]></category>
		<category><![CDATA[medical care]]></category>
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		<guid isPermaLink="false">http://heraldk.com/en/?p=73798</guid>
		<description><![CDATA[How are consumers accepting artificial intelligence (AI) that is rapidly being introduced into various industries? A recent SAS survey of 500 Americans found that consumers felt more comfortable with AI technology in the healthcare industry than in finance or retail.In particular, 47% of the respondents said they would be willing to receive help from artificial [&#8230;]]]></description>
				<content:encoded><![CDATA[<p style="text-align: center"><a href="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/KakaoTalk_20230524_090712045.jpg"><img class="aligncenter  wp-image-73799" alt="KakaoTalk_20230524_090712045" src="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/KakaoTalk_20230524_090712045-1024x682.jpg" width="528" height="351" /></a></p>
<p>How are consumers accepting artificial intelligence (AI) that is rapidly being introduced into various industries? A recent SAS survey of 500 Americans found that consumers felt more comfortable with AI technology in the healthcare industry than in finance or retail.In particular, 47% of the respondents said they would be willing to receive help from artificial intelligence technology even during surgery. In addition, six in 10 (60%) felt comfortable with doctors using data from wearable devices such as Apple Watch and Fitbit to evaluate and advise on their lifestyle. In fact, artificial intelligence is rapidly entering the healthcare sector, providing new solutions to complex and expensive medical problems. At this time, in order to successfully utilize artificial intelligence, an analytical thinking analysis organization must be established, and an analysis platform must be built as part of the effort. Artificial intelligence makes machines learn by themselves from experience, adapt to new inputs, and perform tasks like humans.<a href="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/KakaoTalk_20230524_090736023.png"><img class="aligncenter size-large wp-image-73800" alt="KakaoTalk_20230524_090736023" src="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/KakaoTalk_20230524_090736023-1024x588.png" width="660" height="378" /></a></p>
<p style="text-align: left">Most of the AI cases we hear, from chess game computers to self-driving cars, rely heavily on deep learning and natural language processing (NLP). With these technologies, computers are trained to perform specific tasks by processing vast amounts of data and recognizing patterns.In the medical field, artificial intelligence uses algorithms and software to analyze complex medical data similar to human cognition. The key objective is to analyze the relationship between prevention or treatment techniques and patient outcomes from them. Why do we need an analysis platform?Much investment is being made in both the existing and innovative AI environments, but most AI projects remain in the prototype stage, except for the high-tech industry. So it&#8217;s rare to provide the level of business value we expect. The key challenge is to create AI applications that can be run and include them in enterprise business processes.This requires an analysis platform. The analytics platform is a software-based platform designed to gain insights from data in any computing environment. The platform is based on a strategy that drives business activity from analytics insights to support the full analytics lifecycle, ranging from data to discovery to deployment.Build on analytics platforms to develop scalable, integrated security models, i.e. managed and controlled AI applications. This application can also evolve to support the end-to-end analysis lifecycleHow can we use AI to improve the healthcare sector? Applying artificial intelligence to advanced analytical prediction models based on new and historical behavioral data allows healthcare professionals to identify patterns from both statistics and real-time data and make diagnoses using them.Many companies are investing a lot of resources to develop artificial intelligence algorithms. Successful introduction of algorithms into production environments can realize the true value of artificial intelligence. In other words, it can be applied to actual hospitals to produce results. Many healthcare companies are struggling because there is no right analytics platform for this very process.<a href="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/인포마이닝-워치-광고-디자인-1.jpg"><img class="aligncenter  wp-image-73801" alt="[인포마이닝] 워치 광고 디자인 1" src="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/인포마이닝-워치-광고-디자인-1-1024x663.jpg" width="528" height="342" /></a></p>
<p>When a healthcare company begins its journey for analysis, visualizing a data set that tells it where it starts is critical. Companies can add algorithms for more predictive results when they know what to focus on.Improve diagnostic speed and quality: Patients expect to be diagnosed quickly and treated accurately. But not all hospitals meet this. The key is to improve its foundation to increase the speed and quality of disease diagnosis. This allows both hospitals and patients to benefit. Infomining is a company that actually utilizes, applies, and develops these.&#8221;When a patient is wearing a MediWatch (real-time bio-signal collection equipment), biological information is delivered to medical staff in real time. Nurses don&#8217;t have to go around and check the patient&#8217;s condition. If a patient is undergoing outpatient treatment after discharge wearing a watch, it is easy for a guardian to understand the patient&#8217;s condition. If an abnormal signal occurs, you can call 119.&#8221;Infomining operates &#8216;Connectac&#8217;, a test system that can monitor patients in real time. It is characterized by real-time measurement of blood pressure, oxygen saturation, body temperature, and pulse, allowing doctors and guardians to check at any time. In the event of an emergency, a separate cause of death is marked to manage emergency patients. It also provides a preliminary questionnaire solution using artificial intelligence (AI). When a patient enters basic information and symptoms through chatbot AI before visiting a hospital, all information of the patient needed for treatment is provided at a glance. Medical staff can focus on patient care, and patients can receive better medical services.Infomining is generating revenue by receiving fees from companies that use the solution. ConnectDac has been operating for one year at one large hospital, and the pre-visit system provides services by signing a contract with T, a non-face-to-face treatment company in the U.S. In the future, if it is recognized as a medical device at home and abroad, the number of customers is expected to increase. It has already developed a responsive chatbot for Teledoc Healthcare, the No. 1 in the U.S., and is receiving licensing costs, and is also being verified in Japan (Fujisoft, Omron, and Toyota). Several global pharmaceutical companies have already been invited and are being approached for clinical-related and various uses. Currently, the Korean Ministry of Food and Drug Safety has almost completed verification to obtain software medical certification and permission.&#8221;It is not easy to measure bio-signals in real time. Anyone who has been to the hospital knows well. Now, if a doctor wants to know a patient&#8217;s bio-signal, he or she contacts a nurse to measure blood pressure or pulse. Measuring bio-signals is so frequent that it accounts for a third of the nurse&#8217;s workload. Measuring this in real time can greatly reduce the number of medical staff.There is no similar type of service so far. Medical institutions are more conservative than expected, so they do not try to introduce new technologies well in the field of medical treatment and examination. For this reason, new services do not appear often. Medical staff and investors also seem to appreciate that.How about the pre-examination service?&#8221;It has the effect of shortening medical hours. When artificial intelligence organizes and delivers information related to a patient&#8217;s condition, the doctor asks a few more questions and makes a prescription. In the non-face-to-face medical industry, the use of preliminary questionnaires is useful because it can reduce traffic (data transmission).&#8221;In the early days of the COVID-19 outbreak, we created a inspection and quarantine system that manages domestic and foreigners who entered Korea. Infomining has developed an overall system that transmits information on immigrants at the stage from entry to facility isolation and stay in accommodation. The inspection and quarantine solution was recognized by the Ministry of Health and Welfare and jointly applied for a patent, and was also awarded a commendation for national merit.&#8221;We want to upgrade the introduction of Connectdoc services into the field of drug prescription. For example, if you use the connectac service when prescribing blood pressure drugs, you can properly determine the time of administration. Usually, blood pressure drugs are prescribed based on the patient&#8217;s blood pressure on the day. However, some patients have problems only in certain situations, such as blood pressure rising when they are nervous. It is not desirable to prescribe blood pressure drugs for these people. If you check the patient&#8217;s blood pressure in real time, it will help you prescribe medicine.&#8221;</p>
<p><a href="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/KakaoTalk_20230524_090658982.png"><img class="size-full wp-image-73802 alignleft" alt="KakaoTalk_20230524_090658982" src="http://heraldk.com/en/wp-content/uploads/sites/2/2023/06/KakaoTalk_20230524_090658982.png" width="203" height="59" /></a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>▲ INFOMINING CO., LTD.<br />
▲ CEO : Jae-yong Lee<br />
▲ http://infomining.co.kr<br />
▲ worldconsult@infomining.co.kr<br />
▲ +82-70-4914-2970</p>
<p>EJ SONG</p>
<p>ASIA JOURNAL</p>
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		<title>The Door to Saudi Arabia Opens for  Korean Startups</title>
		<link>http://heraldk.com/en/2023/04/06/the-door-to-saudi-arabia-opens-for-korean-startups/</link>
		<comments>http://heraldk.com/en/2023/04/06/the-door-to-saudi-arabia-opens-for-korean-startups/#comments</comments>
		<pubDate>Thu, 06 Apr 2023 04:15:39 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Korea Town]]></category>
		<category><![CDATA[korea]]></category>
		<category><![CDATA[rss]]></category>
		<category><![CDATA[south korea]]></category>
		<category><![CDATA[startup]]></category>

		<guid isPermaLink="false">http://heraldk.com/en/?p=73701</guid>
		<description><![CDATA[As a team, the Ministry of SMEs and Startups (Minister LEE Young) along with startups and venture companies knocked on the door to Saudi Arabia for Korean Startups at BIBAN 2023, Saudi Arabia’s largest startup conference. Minister LEE Young arrived in Saudi Arabia after an active one-day schedule that included a bilateral meeting with His [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>As a team, the Ministry of SMEs and Startups (Minister LEE Young) along with startups and venture companies knocked on the door to Saudi Arabia for Korean Startups at BIBAN 2023, Saudi Arabia’s largest startup conference. Minister LEE Young arrived in Saudi Arabia after an active one-day schedule that included a bilateral meeting with His Highness Sheikh Hasher bin Maktoum bin Juma Al Maktoum of DMI and attendance at the opening ceremony of the Dubai Business Center (GBC). These were follow-up measures from the Minister’s visit in January. Minister LEE secured high-level cooperative networks by meeting with six Saudi Arabian ministers who were present at BIBAN 2023. At the same time, LEE acted as a delegate sales representative for Korean companies by inviting the Minister of Commerce of Saudi Arabia and related officials to the Korean companies’ booths and personally making direct introductions. Ministry of Commerce, Ministry of Human Resource and Social Development, Ministry of Industry and Mineral Resources, Ministry of Transport, Ministry of Hajj and Umrah, Ministry of Communications and Information Technology From Saudi Arabia, Governor Sami bin Ibrahim Al-Husseini of the Small and Medium Enterprises General Authority greeted Minister LEE at the airport, where the two immediately held a meeting. Before the opening ceremony, Minister of Commerce Majin bin Abdullah Al-Qasabi and other ministers and vice ministers welcomed Minister LEE, introducing her to the event hall and showing excellent hospitality. This evidenced the closer relationship between the two countries. Moreover, Minister of Commerce Al-Qasabi and Minister LEE had a separate tea meeting after the keynote speech of Minister LEE. Then, the two ministers explored the BIBAN event hall. Minister LEE Young suggested that all 10 of the participating Korean companies introduce their technologies and products to Minister Al-Qasabi. On March 12, Minister LEE also met with Minister of Investment Khalid Al-Falih, who was a great ally in enhancing cooperation between the two countries. This was her third meeting with the Minister, following their talks at COMEUP 2022 last November and the Davos Forum. After the bilateral meeting, they visited Garage, a startup-fostering institution established by the Saudi Arabian government. Minister LEE was then invited to dinner by Minister Al-Falih. The two ministers had a total of three meetings in a single day to continue their discussions. Immediately following the bilateral meeting, the 10 Korean companies that participated in BIBAN 2023 and the Ministry of Investment of Saudi Arabia signed an MOU. The memorandum made it possible for the companies to attract investment, seek partners in Saudi Arabia, and receive the information needed to enter the Saudi Arabian market from the Ministry of Investment. Minister LEE Young stated, “We are extremely thankful to Saudi Arabia for showing warm hospitality beyond our expectations. We will take this as a welcome invitation from Saudi Arabia to Korean SMEs and startups. This demonstrates the growing status of Korean startups.” LEE added, “To ensure Korean startups and venture companies can enter the Saudi Arabian market to lead to exports and investments, we will develop and implement various cooperative projects with the Saudi Arabian Ministry of Investment and Ministry of Commerce.” Minister LEE Young also met with Chairman Sheikh Mansoor Bin Khalifa Al-Thani of MBK Holding from Qatar, who was present at BIBAN 2023. They discussed issues including creating joint funds and digital transformation, and potential follow-up measures to develop joint projects.</p>
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		<title>Advancing the Technology Startup Ecosystem by Providing Technological Development Support for Promising Startups</title>
		<link>http://heraldk.com/en/2022/06/24/advancing-the-technology-startup-ecosystem-by-providing-technological-development-support-for-promising-startups/</link>
		<comments>http://heraldk.com/en/2022/06/24/advancing-the-technology-startup-ecosystem-by-providing-technological-development-support-for-promising-startups/#comments</comments>
		<pubDate>Fri, 24 Jun 2022 01:15:25 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[National]]></category>
		<category><![CDATA[Advancing]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Development Support]]></category>
		<category><![CDATA[Ecosystem]]></category>
		<category><![CDATA[Promising]]></category>
		<category><![CDATA[Promising Startups]]></category>
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		<guid isPermaLink="false">http://heraldk.com/en/?p=73365</guid>
		<description><![CDATA[The Ministry of SMEs and Startups (hereinafter referred to as “MSS”, Minister Lee Young) announced 430 startups as participants for the Stepping Stone Project, one of the sub-projects of the Technological Development Program for Startup Development implemented in the first half of this year, on May 18, 2022. The number of participants has doubled compared [&#8230;]]]></description>
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<p>The Ministry of SMEs and Startups (hereinafter referred to as “MSS”, Minister Lee Young) announced 430 startups as participants for the Stepping Stone Project, one of the sub-projects of the Technological Development Program for Startup Development implemented in the first half of this year, on May 18, 2022.</p>
<p>The number of participants has doubled compared to the previous year (184 in 2021).</p>
<p>The Technological Development Program for Startup Development is prepared to stimulate technology entrepreneurship and the growth of startups by discovering promising startups with growth potential and supporting their R&amp;D.</p>
<p>The eligible applicants of the program are startups younger than 7 years old and have recorded the latest revenue of 2 billion KRW or less.</p>
<p>The Stepping Stone Program is targeting young startups who have not participated in any kind of R&amp;D projects supported by MSS to inject up to 120 million KRW of technology development funds for one year.</p>
<p>There have been 1,943 tasks applied in the first half of 2022, and the winners of the program have finally been selected after going through a thorough evaluation of their technological aspects and feasibility by an R&amp;D Analyzing Group that is organized by the characteristics of each applied technology.</p>
<p>In terms of regional distribution of the selected 430 businesses, it was mostly similar to that of the first half of last year (59.2%) with a little more than half (58.8%) of startups located in the metropolitan areas such as Seoul, Gyeonggi, and Incheon, followed by 59 businesses (13.7%) in Busan, Ulsan, and Gyeongnam, and 46 (10.7%) in the Chungcheong region such as Daejeon,</p>
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		<title>Current Status of Asian Venture Capital</title>
		<link>http://heraldk.com/en/2022/01/28/current-status-of-asian-venture-capital/</link>
		<comments>http://heraldk.com/en/2022/01/28/current-status-of-asian-venture-capital/#comments</comments>
		<pubDate>Fri, 28 Jan 2022 11:00:10 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Feature]]></category>
		<category><![CDATA[K-Herald]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[investment]]></category>
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		<description><![CDATA[Despite the Chinese government&#8217;s tightening of regulations on the information technology (IT) industry last year, venture capital investment in China was the largest ever at $130.6 billion (about 157 trillion won), Bloomberg reported on the 9th (local time). According to Preqin, a global research firm, this is an increase of about 50% from $86.7 billion [&#8230;]]]></description>
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<figure><img alt="" src="http://www.usasiajournal.com/wp-content/uploads/2022/01/우종금-1024x576.jpg" /></figure>
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<p>Despite the Chinese government&#8217;s tightening of regulations on the information technology (IT) industry last year, venture capital investment in China was the largest ever at $130.6 billion (about 157 trillion won), Bloomberg reported on the 9th (local time). According to Preqin, a global research firm, this is an increase of about 50% from $86.7 billion a year ago.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Venture capital investors stopped investing in startups when China imposed extensive regulations in the technology sector last summer, but the startup ecosystem resumed operation in a few weeks, Bloomberg said. The news agency pointed out that it is surprising, considering that leading companies such as Alibaba, Tencent, Byte Dance, and vehicle caller Didi have been hit hard. According to this, Chinese founders and venture capital moved rapidly to find new opportunities. It turned its head from the Internet business and moved to state-of-the-art core technologies such as semiconductors, robotics, and corporate software. Last year, funds flowing into the biotechnology sector amounted to $14.1 billion, up 10 times from 2016. &#8220;Investors&#8217; desire for the Chinese technology sector is still active,&#8221; said Zhang Jingjing, a lawyer at KWM, a law firm in Hong Kong. &#8220;More and more funds are flowing into high-tech startups.&#8221;</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>China is still far behind Silicon Valley in the U.S. in overall venture investment. The investment in Silicon Valley was $296.6 billion, a record high last year, more than double that of China. However, in certain basic technologies, China has already overtaken the United States. For example, according to Preqin, China&#8217;s semiconductor sector attracted $8.8 billion in investment last year, which was more than six times the $1.3 billion U.S. companies received. The Chinese government said it will allocate more resources to basic research in its five-year economic plan. This change is aimed at achieving the priority of reducing dependence on U.S. technology amid the US-China conflict.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>&#8220;The Chinese government is very aware of the importance of innovation for China&#8217;s future,&#8221; said Alicia Garcia Herrero, chief economist at Natixis, an investment bank. &#8220;Investment in deep technology is key.&#8221; Deep Tech, which is the base technology and original technology, is a comprehensive term for technologies that do not focus on services to end users, including artificial intelligence, robotics, blockchain, biotechnology, and quantum computing.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Some point out that there is a risk of overheating as funds flock to these areas at a time when areas considered safe investment destinations have been reduced due to regulations from the Chinese authorities.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Angelo Wi, founder of startup Fix Moving, struggled to attract investors to the capital-intensive and time-consuming self-driving technology business, but the situation has changed completely since authorities regulated Internet companies last year. &#8220;There has been a breakthrough change in investors&#8217; move to deep-tech,&#8221; he said adding, &#8220;If it was a question mark whether they would succeed in raising funds in 2020, this year is not a problem. The question is how much value will be evaluated when raising funds”, he said.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Founded by Li Kaifu, a former Google executive, Technology Venture Capital Synovation Ventures plans to invest all of its investment in deep tech and biotechnology this year. The company&#8217;s investment in the sector was only 10% of the total in 2010.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Gary Liskel, who founded Chiming Venture Partners, also said deep-tech startups accounted for 40% of the company&#8217;s total investment, up from 10% in 2010. “All venture companies do this now”, he said.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Starting this year, large companies are moving rapidly as the holding company&#8217;s corporate venture capital (CVC) system has been implemented. As the establishment of CVC begins in earnest, it is predicted that venture and startup investments and mergers and acquisitions (M&amp;A) will increase significantly, especially among large companies that are active in open innovation.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>According to related industries and others on the 11th, GS Group recently established &#8220;GS Ventures,&#8221; the first CVC among holding companies in South Korea.  It is in the form of a subsidiary in which GS, a holding company, fully invested 10 billion won in capital and owns a 100% stake.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Until now, general holding companies in Korea have not been able to have CVC, a financial investment company, as an affiliate in accordance with the principle of separation of financial and industrial capital. All existing CVCs were created by companies without holding companies or were established separately by affiliates other than holding companies. Samsung Venture Investment, POSCO Technology Investment, Naver Spring Camp, and Kakao Ventures are CVC operated by large companies that do not have holding companies.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>CVC, which was established separately by affiliates other than holding companies, is representative of Lotte Ventures (Hotel Lotte), Kolon Investment (Kolon China (HK) Company), Timewise Investment (C&amp;I Leisure Industry), and Signite Partners (Shinsegae International). Among the financial holding companies, Nonghyup and Korea Investment Finance have NH Venture Investment and Korea Investment Partners, respectively.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>GS Group Korea held a general meeting of promoters at GS Tower in Gangnam-gu, Seoul on the 7th to establish a CVC company called &#8220;GS Ventures&#8221; and appointed Vice President Joon-nyeong Huh as the first CEO of GS Ventures. Holding companies in Korea have not been able to be affiliated with companies for financial purposes, but the implementation of the revised Fair Trade Act on December 30 last year enabled the establishment of financial companies for venture investment.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>GS Ventures plans to invest mainly in domestic startups in new growth fields such as bio-climate change response, resource circulation and distribution, and new energy. First of all, the company plans to focus on investing in startups in the initial establishment and attracting funds, and to cooperate with GS and its affiliates in the subsequent stages.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>GS Ventures plans to form an investment and risk management professional manpower and form a fund after obtaining permission from the Financial Services Commission to become a financial company specializing in new technology businesses. The fund created by GS Ventures will also create synergy by participating as investors by group holding companies and affiliates.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>The new CEO Huh is considered an investment expert in charge of mergers and acquisitions at Mirae Asset Global Investment Division and UBS New York headquarters. Recently, he served as a native &#8220;unicorn&#8221; hyperconnect CFO and succeeded in selling it at a value of 1.9 trillion won.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>GS is also investing in overseas innovative startups, such as launching GS Futures, a CVC overseas subsidiary in San Francisco in July 2020. With the establishment of GS Ventures, GS Group will be able to engage in professional investment activities with CVC subsidiaries in Korea and abroad, respectively.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Starting with the establishment of GS Ventures, the establishment of CVC by domestic holding companies is expected to accelerate the revitalization of the domestic venture ecosystem and cooperation of new growth of large companies.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>&nbsp;</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Sam Kim</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Asia Journal</p>
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		<title>Korean Companies&#8217; Activity in Japan</title>
		<link>http://heraldk.com/en/2021/07/30/korean-companies-activity-in-japan/</link>
		<comments>http://heraldk.com/en/2021/07/30/korean-companies-activity-in-japan/#comments</comments>
		<pubDate>Fri, 30 Jul 2021 01:00:42 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[K-Herald]]></category>
		<category><![CDATA[incubation]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[korea]]></category>
		<category><![CDATA[startup]]></category>

		<guid isPermaLink="false">http://heraldk.com/en/?p=72739</guid>
		<description><![CDATA[GB Soft Co,. Ltd, a company that develops software that measures biological signals using cameras that analyze lights, GaonN Co., Ltd., a company that makes vegetable based protein content; these two South Korean companies are currently having business consultations with Japanese companies.  After being introduced to GB Soft by the LA Times Asia Journal, Elematec [&#8230;]]]></description>
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<p id="block-bab23f8b-e136-4de7-b411-e429d9b05d30">GB Soft Co,. Ltd, a company that develops software that measures biological signals using cameras that analyze lights, GaonN Co., Ltd., a company that makes vegetable based protein content; these two South Korean companies are currently having business consultations with Japanese companies.</p>
<figure id="block-9ae1a4f5-ac80-4538-9db7-b5e853aeab5a">
<div><img alt="This image has an empty alt attribute; its file name is incubation_img-1024x634.png" src="http://www.usasiajournal.com/wp-content/uploads/2021/08/incubation_img-1024x634.png" /></div>
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<p id="block-88b8689f-e01f-4784-ba8e-1c69bc383732"> After being introduced to GB Soft by the LA Times Asia Journal, Elematec visited the Japanese company Data Scope. Data Scope, a developer of facial recognition software, established Shenzen Data Scope in China in collaboration with FOXCONN to produce the world&#8217;s largest face recognition camera and security camera. Data Scope proposed to combine the biometric AI software developed by GBSoft with their facial recognition software.Data Scope has inquired about the specifics regarding GBSofts technology and business capability. They asked about the license cost, the speed of their facial recognition software, or if a 2 month trial can be provided for testing purposes. With these questions in mind, Elematec and Data Scope are in the process of developing a plan as the two companies investigate the Japanese Market.</p>
<p id="block-1e888e0f-6ff9-4987-b44e-44c45d482b43">Elematec has also introduced GB Soft to Maxell. Maxell is a general electronics company that wishes to collaborate with GB Soft to develop a service platform. Maxell is preparing a partnership with a fitness app that is utilized in 170 locations in Japan. They aim to increase the number of users by integrating GB Soft’s vital sign reading technology. Maxell is currently researching the Japanese market as they plan for this project.</p>
<p id="block-d86da9a6-e189-409b-ab74-7e1a07463ce0">Furthermore, Elematec introduced GB Soft to Carecom as well. Carecom is a Japanese company that produces and sells nurse call systems. Their company accounts for 80% of Japan’s market share in that field. Carecom is preparing plans to collaborate with GB Soft to grow their company.</p>
<p id="block-eebf7f96-0843-4cb5-9a4c-b650b9261404">LA Times Asia Journal introduced GaonN to Japan’s Egami-Corp. Through Egami-Corp, GaonN was able to establish a business relationship with multiple Japanese companies. Two of those companies include Don Quijote (the largest discount store in Japan), and Sun Drug (the fourth largest drug store in Japan). Don Quijote is in the process of internally reviewing GaonN’s product and Sun Drug has completed their evaluation and began business consultation with Egami-Corp. Egami-Corp has already filed for approval for GoanN’s product from the Ministry of Health, Labor and Welfare (MHLW) in order to proceed with plans with Sun Drugs.</p>
<p id="block-08768279-da71-4ba2-8b1f-30cac18e7f2d">Due to the pandemic, Japanese businesses must overcome many adversities to operate not just internationally, but domestically as well. However, they continue to thrive in this environment due to superior technology, products, and services. As the LA Times Asia Journal continues to create a bridge between companies, the pandemic is no longer an obstacle for businesses. Japanese and Korean businesses continue to stay active as they create new trends in the market.</p>
<p id="block-694585d8-8b6a-4392-bec9-7ae84526209e">
<p id="block-4b005d63-5ec7-4a5d-b9ab-c7951f2dfc92">Mike Choi</p>
<p id="block-6e9a3184-aafb-41dc-874c-9c8e487475f2">Asia Journal</p>
<p id="block-8ac06ad5-bf62-4f40-abd7-1810d8cfc0d5">(Los Angeles Times Advertising Supplement)</p>
<p>&nbsp;</p>
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		<title>Japanese companies in various fields and Korean SMEs engaged in business activities.</title>
		<link>http://heraldk.com/en/2021/05/28/japanese-companies-in-various-fields-and-korean-smes-engaged-in-business-activities/</link>
		<comments>http://heraldk.com/en/2021/05/28/japanese-companies-in-various-fields-and-korean-smes-engaged-in-business-activities/#comments</comments>
		<pubDate>Fri, 28 May 2021 01:44:24 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[K-Herald]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[korea]]></category>
		<category><![CDATA[SMEs]]></category>
		<category><![CDATA[startup]]></category>

		<guid isPermaLink="false">http://heraldk.com/en/?p=72755</guid>
		<description><![CDATA[Due to COVID-19, most of the world&#8217;s business activities are being restricted. Since exhibitions and buyer counseling sessions are also held in the form of online video counseling in various countries around the world, the reality is that transactions are limited. However, LA Times Asia Journal has been introducing Korean SMEs (small and medium-sized enterprises) [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><!-- wp:paragraph --></p>
<p>Due to COVID-19, most of the world&#8217;s business activities are being restricted. Since exhibitions and buyer counseling sessions are also held in the form of online video counseling in various countries around the world, the reality is that transactions are limited.</p>
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<figure><img alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/0-1-815x1024.jpg" /></figure>
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<p>However, LA Times Asia Journal has been introducing Korean SMEs (small and medium-sized enterprises) to many Japanese companies. These companies have received considerable attention and active engagement.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Some of aforementioned companies include Infomining (biosignal management system via Smart Band), GB Soft (biosignal management system through cameras), AI-Mon (biosignal management system for babies through ankle bands), and STX Bio (a microorganism that promotes plant growth).</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>In the case of Infoming, Elematec, a Trading Company under TOYOTA Group was introduced to NTT-Data (a system software development company under the NTT Group). NTT-Data plans to collaborate with various Japanese pharmaceutical companies on a project that can analyze health information from urine using Infomining&#8217;s Smart Band to monitor Vital Signal (EKG, blood pressure, blood sugar, oxygen saturation, pulse, body temperature) along with urine health information.</p>
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<p>GB Soft was introduced to NTT-Data by Elematec, which, along with Infomining, will also  participate in the clinical demonstration. Vital Signal (blood pressure, oxygen saturation, pulse, body temperature) will be monitored through the camera with urine health information. It has also been introduced in ALSOK, which seeks to develop health care services for people identified through security cameras in ALSOK&#8217;s security system. It has also been introduced to AIPhone (Interphone Development Company), which seeks to develop a service that monitors the health of people entering and leaving through door phones cameras installed in each home and business. Finally, it has been introduced to DataScope, which is trying to incorporate GB Soft&#8217;s technology into Shenzhen DataScope, which is established in collaboration with DataScope and FoxConn.</p>
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<p>In the case of AI-Mon, Elematec has recently been interested and is under internal review of which of their 6,600 global clients for sales. Nexty, another trading company under TOYOTA Group, is also reviewing how to operate because they have clear needs from their customers.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>In the case of STX Bio, KAGOME is seeking to adopt the microorganisms from STX Bio to improve their agricultural productivity.</p>
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<p>&nbsp;</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Mike Choi</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Asia Journal</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>(Los Angeles Times Advertising Supplement)</p>
<p><!-- /wp:paragraph --></p>
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		<title>[K-UNIV Report] K-UNIV Trends : New content coming up</title>
		<link>http://heraldk.com/en/2021/04/30/k-univ-report-k-univ-trends-new-content-coming-up/</link>
		<comments>http://heraldk.com/en/2021/04/30/k-univ-report-k-univ-trends-new-content-coming-up/#comments</comments>
		<pubDate>Fri, 30 Apr 2021 06:41:04 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[K-Herald]]></category>
		<category><![CDATA[K-UNIV Reporter]]></category>
		<category><![CDATA[Korea Town]]></category>
		<category><![CDATA[Bucketgram]]></category>
		<category><![CDATA[K-UNIV]]></category>
		<category><![CDATA[startup]]></category>

		<guid isPermaLink="false">http://heraldk.com/en/?p=72803</guid>
		<description><![CDATA[There is some content coming up by K-UNIV Reporters, who are newly recruited since this March. As you know, K-UNIV Reporters are consist of college students who are willing to express their perspectives. Students with different interests gathered and developed their thoughts by sharing and speaking up their owns each other. These are some activities [&#8230;]]]></description>
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<figure><img alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/IMG_5061-1024x683.jpg" /></figure>
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<p>There is some content coming up by K-UNIV Reporters, who are newly recruited since this March. As you know, K-UNIV Reporters are consist of college students who are willing to express their perspectives. Students with different interests gathered and developed their thoughts by sharing and speaking up their owns each other. These are some activities of the K-UNIV Reporter so far.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>We are trying to show some small and medium-sized companies in Korea to the world with our creation. By investigating and interviewing them, we could get to know companies more deeply. We even tried using their products ourselves for realistic appraises. We created social media content in the forms of card news, writings, and videos, reconstructing information in our ways. Here are companies: Skin Watchers, Emma healthcare, STX Bio, Info mining, and ‘Bucketgram’ of Grace &amp; Honest. These are companies incubated by Los Angeles Times Asia Journal. For Skin Watchers and STX Bio, we will introduce the company itself and products with reviews containing our thoughts. For Emma healthcare and ‘Bucketgram’ of Grace &amp; Honest, we focus more on their products, giving more realistic reviews. We believe that our content could arouse your interests.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>We also went to some exhibitions together. We went to Camping &amp; Picnic Fair and Baby Fair among many expos and fairs held in March. Despite the crisis of the Coronavirus, those exhibitions could proceed safely with the help of many people. Camping &amp; Picnic Fair is one of the influential camping exhibitions in Korea with a market platform. Baby Fair is about making a world where babies and families are happy with representative brands and products related to pregnancy, childbirth, and childcare. By going to exhibitions, we could explore the trends of each industry. We wrote our thoughts about those exhibitions in writings. One of the K-UNIV Reporters also participated in photoshoots as a model. The pictures taken will be used on the Asia Journal Shop.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>These are just the start. You could enjoy the content we made on SNS. We, K-UNIV Reporters, keep on creating new ones reflecting our ideas, which fulfills your curiosity. Please look forward to it.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>&nbsp;</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Nahyun Lee</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>K-UNIV Report</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Los Angeles Times Asia Journal</p>
<p><!-- /wp:paragraph --></p>
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		<title>Incheon Startup Park</title>
		<link>http://heraldk.com/en/2021/04/30/incheon-startup-park/</link>
		<comments>http://heraldk.com/en/2021/04/30/incheon-startup-park/#comments</comments>
		<pubDate>Fri, 30 Apr 2021 02:40:05 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[K-Herald]]></category>
		<category><![CDATA[Incheon]]></category>
		<category><![CDATA[startup]]></category>

		<guid isPermaLink="false">http://heraldk.com/en/?p=72817</guid>
		<description><![CDATA[Newly-launched Incheon Startup Park will grow up together with its startups According to Mr. Shim, the Incheon Startup Park is the first startup hub with combined cooperation between both the public and private sector. He explains that the Incheon Startup Park consists of 3 towers in total: Insta I, Insta II and Instar III. Insta [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>Newly-launched Incheon Startup Park will grow up together with its startups</strong></p>
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<p>According to Mr. Shim, the Incheon Startup Park is the first startup hub with combined cooperation between both the public and private sector. He explains that the Incheon Startup Park consists of 3 towers in total: Insta I, Insta II and Instar III. Insta I, where Mr. Shim works, is a public-led space to foster promising startups. It is organized by the Incheon Free Economic Zone (hereafter ‘IFEZ’) Authority in cooperation with Incheon TechnoPark. The authority covers the special economic area which is designated in order to establish a free-flowing and diverse business environment, including Songdo, Yeongjong, and Cheongna International Cities in Incheon. Instar II is a private-led space operated by the two private companies, Shinhan Financial Group and Celltrion Inc. under the supervision of the city of Incheon. Finally, the third tower named Instar III is used as a business support and convenience facility.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>“The geopolitical advantage and global competitiveness of Incheon metropolitan city played a pivotal role,” said Mr. Shim, when asked ‘what made Incheon selected as the first startup park?’ Incheon, located 28 km from Seoul, the capital of South Korea, serves as the global transportation hub in the country. When using Incheon International Airport, air passengers can have more convenient connections to destinations overseas because 147 cities are accessible in the airport within 3 hours. The airport was ranked as first in global airport service assessment for 12 consecutive years.</p>
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<p><!-- wp:image {"align":"left","id":1121666,"width":357,"height":525,"sizeSlug":"large"} --></p>
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<figure><img class="alignleft" alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/IMG_4027-683x1024.jpg" width="357" height="525" /><br />
<figcaption>Won-bo Shim, the head of Insta I, which is the public-led division in the startup park</figcaption>
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<p>Mr. Shim also explained that the infrastructure in IFEZ is optimal for startups to scale up. The startup park is surrounded by 15 international organizations, 25 institutes for supporting startups, and an academic-industrial-research cluster with 24 research centers and three specialized districts. It enables a business-friendly environment and industry academia-research collaboration. Also the city can acquire sufficient high-qualified talents not only from local colleges but also global universities at Songdo Global Campus.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>The Incheon Startup Park ultimately aims to provide the following to selected startups: support for 1) technical demonstration, 2) investment and 3) global expansion.<em> </em>In order to make them ready to compete with global players, the startup park provides diverse support and incubation━investment, establishment of a network with relevant institutions, and support for technology commercialization, export, and consulting. Any promising small and medium-sized enterprises and startups in the IT, including AI (artificial intelligence), IoT (Internet of Things), Big Data, and 5G, and bio-related fields are encouraged to apply for the support program.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Changeovers of information technology have brought significant advances in the diverse industry, the functioning of companies, and in the broader range of services they deliver to the market and consumers. Mr. Shim explains that is why the startup park puts great importance on technical demonstration. Facilities in the park provide open testing labs to let their startups substantiate their own technical designs and prove their effectiveness by themselves. The startup park also attained stabilized financial backup funded by the city government, which will be used to invest startups.</p>
<p><!-- wp:paragraph --></p>
<p>As the Incheon Startup Park is designed to achieve organic cooperation and exchange between industry, academia, and research, it plans to expand its partnership with over 30 global players. “We are in the active process of finding global partners which would cross paths with us under the willingness to support Korean startups,” said Mr. Shim hopefully. The most desirable partner would be one who wants to share the collaborative value with the Incheon Startup Park and its startups. It is expected that this newly-launched startup hub would scale up itself with its startups.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>&nbsp;</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Here below are three promising companies which are supported by Incheon Startup Park</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>&nbsp;</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p><strong>Giving hope to people suffering from chronic pain: RudaCure Co., Ltd</strong></p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>Chronic pain is the most worrisome condition for modern people. Many researchers have been investing a long time in the field of pain disease due to various factors. Korea&#8217;s RudaCure Co., Ltd researches and develops new drugs that can overcome the side effects of existing drugs.</p>
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<figure><img class="alignleft" alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/홍보용-사진-1.jpg" width="373" height="209" /></figure>
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<p>Due to the aging population of more than 30 percent of the world&#8217;s population, pain disorders and old age already have a dominant structure. Based on the study of pain target molecules in the peripheral-central nervous system, which specializes in the development of TRPV1 (The transient receptor potential cation channel subfamily V member 1, also known as the capsaicin receptor and the vanilloid receptor) by f</p>
<p><!-- /wp:paragraph --> <!-- wp:image {"align":"left","id":1121669,"sizeSlug":"large"} --></p>
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<figure><img class="alignleft" alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/홍보용-사진-3-1.jpg" width="300" height="168" /></figure>
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<p>Furthermore, by paying attention to the aging trend and senile eye disease, the company developed and acquired patents for treatment of dry eyes and macular degeneration. In cooperation with Korea&#8217;s famous Cha Hospital, it is said that developing treatments based on pain control and regeneration techniques for major spinal diseases such as discs, spinal cord injuries, and others. Based on the above list, RudaCure Co., Ltd is currently a development company specialized in chronic diseases, especially pain, and it is believed that it is also doing research and development in aging geriatric diseases. If we can go beyond simple research and development and realize therapeutic drugs and pain control, this will be valuable news to address the most painful problems of the medical community as well as modern people.</p>
<p><!-- wp:paragraph --></p>
<p><strong>Enjoy alternative meat made of seaweeds: HN Novatech</strong></p>
<p><!-- /wp:paragraph --> <!-- wp:image {"id":1121672,"sizeSlug":"large"} --></p>
<figure><img alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/대체육륙-시식회_5-1-1024x768.jpg" /></figure>
<p><!-- /wp:image --> <!-- wp:paragraph --></p>
<p>Seaweeds are well-recognized healthy foods. However, it is also important to use raw materials with natural conditions. Korea is surrounded by the sea on three sides, providing abundant minerals for many algae and various supplies. It seems to be a resource that cannot be compared to anywhere because it also forms temperatures suitable for the environment in which algae grow. HN Novatech&#8217;s Marine Meat is an alternative meat based on algae.</p>
<p><!-- /wp:paragraph --> <!-- wp:image {"id":1121671,"sizeSlug":"large"} --></p>
<figure><img alt="" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/대체육류-시식회_7-1024x768.jpg" /></figure>
<p><!-- /wp:image --> <!-- wp:paragraph --></p>
<p>It is a seaweed extract that tastes meat and uses fish meat as its basic ingredient. Add various additives (garlics, onions, salt, pepper) and make a round or square frame. Drying and packaging are commercialized. It is already known that soybeans are based on alternative meat, and it&#8217;s known that they are fried with fish. Although meat processing products have been isolated from our diet and raised due to mad cow disease, there seems to be problems caused by slaughtering and various processes, but it&#8217;s already too close to our diet. Green Meat, which is cheaper than the existing meat price and can form a healthy eating culture, seems to be a new paradigm. If you are a research and development company that produces these alternative meat, should we be interested in creating a healthy diet? A healthy diet may be the wish of many people. So we think that trying with these companies is definitely the right way to stay healthy.</p>
<p><!-- /wp:paragraph --> <!-- wp:paragraph --></p>
<p>&nbsp;</p>
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<p id="block-37005875-4d1e-4319-ac4f-0e499b21e573">You can have Korean-style dinner at home with this kit: Allways Corporation</p>
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<div><img class="alignleft" alt="This image has an empty alt attribute; its file name is O6A73001-1.jpg" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/O6A73001-1.jpg" width="448" height="672" /></div>
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<p id="block-dfa77865-2ed0-43be-9a00-fa791aaa63f7">Cooking at home has increased as a result of lockdowns, and a significant share of consumers intend to continue doing so after the pandemic subsides. We all want healthy meals for our families. But due to busy schedules, sourcing organic vegetables, low-carb legumes and lean beef can feel burdensome. Buying meal kits solves this difficulty by finding your favorite ingredients and preparing them for you.</p>
<p id="block-2f09612e-04f7-45a5-8e55-fc4c8783695e">Meal kits essentially consist of pre-prepared and pre-portioned ingredients and condiments. Ingredients in it tend to be fresher and less processed so that consumers can easily cook his or her own meal based on the recipes provided. You can get to cook nutritious dishes for your family without spending hours finding appropriate ingredients, which is an economic way of enjoying the fun experience of cooking.</p>
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<div><img class="alignright" alt="This image has an empty alt attribute; its file name is O6A72891.jpg" src="http://www.usasiajournal.com/wp-content/uploads/2021/05/O6A72891.jpg" width="448" height="672" /></div>
<div></div>
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<p id="block-187a64fb-6be4-4c4d-b95c-b179cc693773">COVID-19 lockdowns have created a strong foundation for competition which is derived from unprecedented growth for meal-kit companies. The meal kit market is only to grow globally and the potentiality of each manufacturing company is extended to the global market because meal kits make it possible for global consumers to experience food from different cultures more conveniently.</p>
<p id="block-ea6e93fa-606e-4103-8677-e4a920f9713d">A South Korean company named ‘Allways Corporation’ shows the potential for growth with its own meal kit: ‘CockoMix.’ Cockomix is a product that can make Korean-style fried chicken at home without using a fryer in 15 minutes. It was highly praised for being the world&#8217;s first meal kit for Korean-style seasoned chicken and for not producing harmful hormones even when cooked in a plastic bag.</p>
<p id="block-566b537c-109c-494c-87a8-a9643a700a9f">Allways Corporation won the gold prize for its invention at the 16th Seoul International Inventions Exhibition. The company has been selected as an excellent company for the “3K Startup Promotion Project” and  recently moved into Incheon Startup Park ‘Insta 1’ Its product, which has been exported to Malaysia, Taiwan, and Singapore since last December, will make you enjoy a convenient dinner with Korean-style seasoning in your dining room.</p>
<p id="block-8b22eb07-724d-43e8-9a5a-0813e94739ea">Kayla Hong</p>
<p id="block-5ba93a61-0e4e-48f6-a82a-4ab7d27683d2">Asia Journal</p>
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		<title>Korea’s pet care startup targets U.S. dog owners</title>
		<link>http://heraldk.com/en/2016/03/09/koreas-pet-care-startup-targets-u-s-dog-owners/</link>
		<comments>http://heraldk.com/en/2016/03/09/koreas-pet-care-startup-targets-u-s-dog-owners/#comments</comments>
		<pubDate>Wed, 09 Mar 2016 01:04:30 +0000</pubDate>
		<dc:creator><![CDATA[HeraldK]]></dc:creator>
				<category><![CDATA[Feature]]></category>
		<category><![CDATA[K-Herald]]></category>
		<category><![CDATA[Life&Style]]></category>
		<category><![CDATA[automatic machine]]></category>
		<category><![CDATA[ball shooting machine]]></category>
		<category><![CDATA[ballready]]></category>
		<category><![CDATA[dog owners]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[indiegogo]]></category>
		<category><![CDATA[korea]]></category>
		<category><![CDATA[Korean company]]></category>
		<category><![CDATA[meal providing machine]]></category>
		<category><![CDATA[pet care]]></category>
		<category><![CDATA[startup]]></category>
		<category><![CDATA[U.S. market]]></category>
		<category><![CDATA[world patent product]]></category>

		<guid isPermaLink="false">http://heraldk.com/en/?p=64758</guid>
		<description><![CDATA[Smart pet care startup, BallReady, extended their business to the U.S market with the world’s first meal providing ball playing equipment. BallReady made progress internationally through America’s ideal social funding site Indiegogo on February 22.  BallReady is ambitiously targeting the $300 billion worth world’s pet market and introduce a new interactive product to pet owners [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img alt="" src="https://scontent-lax3-1.xx.fbcdn.net/hphotos-xla1/v/t1.0-9/12390917_1702770353291047_3102261068571598674_n.jpg?oh=b0f8be4ffe81bdbc4a10dc0f08ee505d&amp;oe=57616F21" width="410" height="576" /></p>
<p>Smart pet care startup, <strong>BallReady</strong>, extended their business to the U.S market with the world’s first meal providing ball playing equipment.</p>
<p>BallReady made progress internationally through America’s ideal social funding site <strong>Indiegogo</strong> on February 22.  BallReady is ambitiously targeting the $300 billion worth world’s pet market and introduce a new interactive product to pet owners and their pets.</p>
<p>BallReady combines the function of an automatic feeding machine and an automatic ball shooting machine. The product is acknowledged as a “World Patent Product” and won first place for new innovation section at the Korea National IT Industry Promotion Agency and United States ‘US MAC’.</p>
<p>By using <strong>Pavlov’s theory</strong> where Pavlov rang a bell, gave the dog food, and the dog started to salivate in response to the bell sound, the BallReady machine provides food and snacks when dogs put the ball back in the machine. With various options, dogs are able to play by themselves without the owners present.</p>
<p>Pet supplies experts stated, “<em>BallReady can be used for every dogs, no matter how big they are. The owners can adjust the amount of food and snacks so that they can take care of their dogs’ health.  Adding many options, they can adjust the ball-shooting distance and also uses lithium-ion batteries so that it’s available to use outdoors.</em>”</p>
<p>BallReady is providing various special, discount promotions to supporters on Indiegogo. Supporters who donate from $155 to $299 will be the first to test a BallReady with mini tennis balls or silicon balls for 30 days. They have recently collected over $7300 for funding and hoping to reach their main goal of $20,000.</p>
<p>To support BallReady, visit <a href="http://igg.me/at/ballready">http://igg.me/at/ballready</a> or visit their website for more information at <a href="http://www.ballready.com/english">www.ballready.com/english</a>.</p>
<p><strong>Lena Kim</strong><br />
<em><span style="font-size: 1em;line-height: 1.5">K-Herald</span></em></p>
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