1 9 月, 2022

Korean Content Powerhouse Shaping the Entire Asian Video Landscape

Singapore, Sep 1, 2022 - (ACN Newswire via SEAPRWire.com) - The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul. To set the scene, AVIA CEO Louis Boswell presented key highlights from AVIA's Korea in View 2022 Report. Ranking 10th among the world's largest economies and 4th in Asia, South Korea had risen from one of the poorest countries in the world to a developed, high-income country in just one generation. The pay TV market continued to show growth of 2.7% per year, now dominated by IPTV, while streaming services were accelerating at breakneck speed, seeing paid subscribers increasing from 20.4% of the population in 2020 to 34.8% in 2021. In his opening speech, keynote speaker, Vice Chairman Ahn Hyoung-hwan of the Korea Communications Commission (KCC) shared that while OTT growth was an opportunity for the content industry to grow, it was also resulting in a sense of crisis for existing legacy media. Hence the KCC was preparing the Audio-Visual Media Service Act and was pushing for innovative deregulation of the existing regulations on advertising and programming.The day spanned multiple conversations about the strength of Korean content and how that was fuelling the success of both Korean streaming platforms as well as international, with Marianne Lee, Chief of Content Acquisition and Development, Viu and Junbeom Jeon, Chief Leader, Wavve, both agreeing that this investment in local content was the key to survival. Such demand, however, was also clearly fuelling a rapid escalation in content costs and while Hyun Park, Senior Vice President, Global Division of Studio Dragon commented that from a Hollywood perspective Korea still presented great value for money, there needed to be a cap on costs before they got out of hand. He also noted, "We are definitely not at the peak of production, we are only at the beginning." The roles of international and Korean streaming platforms were also examined with Esther Ahn, Vice President, Streaming, Korea, Paramount, explaining the recent introduction of Paramount+ to the market in partnership with CJ-backed TVING. The partnership spanned making Paramount content available within the TVING service in Korea as well as co-producing Korean content with a view to Korean and international audiences. TVING CEO Jay Yang also talked about the desire to be able to take the best Korean content overseas and deliver it through a Korean streaming platform, although he did not believe Korean content should only be on Korean platforms. But as in the same way Korean content was on international platforms, the Paramount+ deal also saw international content on a Korean platform. Ultimately streaming platforms wanted the best content no matter its origin. The advertising market was also seeing the traditional markets of TV, Print and Radio declining but there has been significant growth in digital. This was an opportunity that both Bong-Su Kim, Addressable TV Ad Team Leader, SK Broadband and Vijay Kunduri, Regional Vice President, OTT/CTV, APAC, PubMatic, felt needed to be exploited with the growth of ad supported VOD or streaming services, with both being confident that this space would evolve quickly in the next two years in Korea.Rounding up the day's sentiments, Louis Boswell highlighted the importance of the Korean market not just because of the impressive growth it had seen for video content, but because of the influence Korean content has had across the region, and also the early stages of Korean streaming platforms looking to enter other Asian markets. "It is not possible to look at the Asian video industry without looking at Korea," added Boswell. Korea in View is generously sponsored by Brightcove, BytePlus, Conviva, Google Cloud, Irdeto, NAGRA, Paramount and TV5Monde.About the Asia Video Industry Association:The Asia Video Industry Association (AVIA) is the trade association for the video industry and satellite ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. The AVIA is the interlocutor for these industries with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry. For media enquiries and additional background, contact: Charmaine KwanHead of Marketing and CommunicationsEmail: charmaine@avia.orgWebsite: www.avia.orgLinkedIn: www.linkedin.com/company/asiavideoiaTwitter: @AsiaVideoIA Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

26 4 月, 2022

Legend Capital Portfolio: Korean Medical AI Company Lunit to List on KOSDAQ in 2Q2022

HONG KONG, Apr 26, 2022 - (ACN Newswire via SEAPRWire.com) - Legend Capital's portfolio company Lunit, a Korean Medical AI company, recently announced a preliminary approval from the Korea Exchange for initial public offering (IPO) on the KOSDAQ market, and it plans to submit a registration statement within the second quarter of 2022.Founded in 2013, Lunit is a company with the world's top-notch AI technology focusing on R&D of medical software to assist tumor diagnosis and treatment. It utilizes advanced AI technology to process medical image data, which helps doctors to make accurate clinical decisions in diagnosis and treatment. Lunit's flagship products are Lunit INSIGHT, an AI image analysis solution for cancer screening, and Lunit SCOPE, an AI biomarker platform for cancer treatment.According to Korean media reports, Lunit is considered one of the most promising medical AI IPOs in Korea in the first half of 2022. After the listing, Lunit plans to use the secured funding for R&D of AI products and global market development, laying the cornerstone for sustainable growth.Lunit has partnered with global medical device giants such as GE Healthcare, Philips, and FujiFilm to supply products to about 600 medical sites in more than 40 countries worldwide. In addition, Lunit is also focusing on its biomarker business by signing an exclusive business contract with Guardant Health, a leading global liquid biopsy company.Brandon Suh, CEO of Lunit, said: "Lunit is the first deep learning-based medical AI company in Korea with a specialized AI research team and medical team, developing AI solutions for cancer diagnosis and treatment. As our AI technologies and products are acknowledged globally, we will strive to continuously grow and pioneer the global medical AI market by going public."Legend Capital has invested in Lunit 4 times in 2018, 2019, and 2021; it is one of the company's main investors and has long supported its development. Closely following the deep integration of medical and health industry and technology, Legend Capital has built a solid portfolio in medical AI sector in recent years. In addition to Lunit, Legend Capital also invested in a number of other leading medical AI companies, such as Xbiome, an AI-based microbiome drug development company, StoneWise, an AI technology-driven innovative drug R&D platform company, Deepwise Healthcare, an AI medical imaging company, Deep Informatics++, an AI medical pathological diagnosis company, Genome Wisdom, a genomic big data company, and Ayshealth Technology, an AI medical chronic disease management system company. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

13 1 月, 2022

Zzogri Announces Its Unrivaled Technology

Seoul, Korea, January 13, 2022 – (SEAPRWire) – ‘Zzogri’ of Edenview Inc., specializing in the production of convenience equipment for work in Korea, has been garnering global attention with its unrivaled technology. It has been recognized for its expertise and ability to develop new market by actively exporting to Japan, the U.S., Canada, and European countries and playing a role in creating the Korean Wave. In particular, Japanese customers praise for its high-quality and exceptional features that help continuous export of the product by local Japanese brand called ‘ジョグリ’ (Zzogri). Zzogri is a convenient chair for the user who needs to squat while working. It has become a must-item since more than 3 million Korean farmers use three or four chairs every year. In particular, President’s wife Kim Jeong-sook used it when she was engaged in volunteer work in Cheongju, Chungcheongbuk-do Province, in 2017. The Zzogri of Edenview is very easy to attach and detach as it is worn like a belt around the waist. In addition, its safety belt doesn’t make the users fall on their buttocks since its sitting cushion is fixed on their body to secure its safety. Due to its lightweight and portability, it was selected as an excellent invention by the Korean Intellectual Property Office. Zzogri has gained much popularity among Korean farmers. That explains why the product has been distributed to farmers through the public institution’s support project to prevent farmers’ musculoskeletal diseases. In addition, it received the Grand Award in the category of agricultural equipment for the convenience at ‘The best brand for empathy in Korea award’ for two consecutive years in 2017 and 2018. An official of Edenview said, “Our product is excellent for overseas gardeners and auto mechanics. We’re planning to advance into more countries in the future. Also, we’re actively looking for various investors and overseas sales agencies.” Media Contact Company: EDENVIEW CO., LTD. Contact: Kim, Jin A Email: edenview@zzogri.com Phone: +82-62-652-2587 Website: http://zzogri.com SOURCE: EDENVIEW CO., LTD. The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

19 11 月, 2021

Golf: South Korea’s Lee6 leads LPGA Tour Championship

MIAMI (AFP) - Lee6 Jeong-eun fired eight birdies in an eight-under-par 64 on Thursday (Nov 18) to grab a one-shot lead at the US LPGA Tour Championship at rainy Tiburon Golf Club in Florida. Lee6, the 2019 US Women's Open champion, hit 14 of 14 fairways in regulation and 18 of 18 greens to put herself in position to achieve her aim of capturing a 2021 title in final event of the season. "I had a good time today," she said. "My goal was bogey free, so, I achieved it. "My goal is to win once this year, unfortunately just one tournament left. I'm going to try my best." Lee6 - who has the numeral added to her name to distinguish her from other players on the Korean tour with the same name - said work on swing changes had made for an inconsistent 2021 campaign, but now that she's more comfortable she can attack with accuracy. That was especially useful on Thursday, on the rain-softened and receptive Tiburon course in Naples, Florida. "It was raining so the greens were soft and we could clean the ball in the fairway," said Lee6, who was a stroke in front of four players. American Mina Harigae's bogey-free 65 was highlighted by a chip-in eagle at the 17th. She was joined by compatriot Jennifer Kupcho, France's Celine Boutier and South Korean Kim Sei-young. Boutier had seven birdies without a bogey, while Kim had nine birdies and two bogeys and Kupcho nabbed seven birdies to join the group at seven-under. Kim, who rolled in a 25-foot birdie putt at the 72nd hole to lift the title at Tiburon in 2019, was also in attack mode on the rain-softened course set up for scoring. "I had a lot of chances for birdie today," she said. "I expected a lot of rain today but there wasn't. We got the rain starting on hole 16. But the course was a little wet, so we attacked the pin when it was available." World number one Nelly Korda led a group of eight players on six-under-par 66. South Korean Ko Jin-young, who has swapped the top ranking with Korda this season as they racked up eight titles between them, made three of her five birdies on the back nine on the way to a three-under-par 69. Korda arrived in Naples off a roller coaster win in the Pelican Championship in Sunday. Now the 23-year-old is seeking a second back-to-back brace of victories this season after winning the Meijer LPGA Classic and Women's PGA Championship in successive weeks. Korda and Ko played alongside former world number one Lydia Ko of New Zealand in a marquee grouping, "I kind of saw that video of Lyd saying she was third wheeling, but I felt like I was third wheeling because they were speaking Korean," Korda said. "It was fun. I like playing with them and they played well, so it was nice." Her round itself, Korda said, was "pretty good". "I hit majority of the greens and I didn't really make any mistakes. Two loose shots that I kind of had too much curve on them and two three-putts. "But I definitely made a good bit of my putts out there as well." More on this topic Related Story Golf: LPGA championship increases prize pool to US$7 million in 2022 Related Story Golf: Top-ranked Nelly Korda survives triple-bogey to win Pelican Championship in play-off

1 7 月, 2021

Football: New Sailors coach Kim Do-hoon wants to leave a mark on S’pore football

SINGAPORE - Fresh from leading Ulsan Hyundai to the Asian Champions League title and finishing runners-up in the K-League and Korean FA Cup last year, South Korean coach Kim Do-hoon was a man in demand. But the 50-year-old turned down lucrative offers from clubs in the Chinese Super League and Japan's top tier J-League to ink a deal with Singapore Premier League (SPL) side Lion City Sailors. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

9 3 月, 2021

South Korean Olympic champ banned for harassment to skate for China: Reports

SEOUL (AFP) - A South Korean Olympic short-track speed skating champion banned from the national team for sexual harassment has taken up Chinese citizenship and will skate for the hosts at next year's Beijing Winter Games, reports said. It will be the second consecutive home Winter Olympics for Lim Hyo-jun, after he won the 1,500m gold and 500m bronze at the 2018 Winter Games in Pyeongchang, South Korea. But last year, the 24-year-old was convicted of sexual harassment after he pulled down another male athlete's trousers in front of teammates at the national training centre. The verdict was overturned on appeal, but the case is now before the South Korean Supreme Court for a final decision. The Korea Skating Union suspended Lim for a year in August 2019, and while the penalty has been put on hold during the legal process, if the court finds against him, it would rule him out of the Beijing Games. Lim then decided to become a naturalised Chinese citizen and skate for China, according to South Korean media reports. He left for China on Friday (March 5) after receiving his new passport, South Korean broadcaster MBC said, and was expected to join Beijing's national team after fulfilling his coronavirus quarantine requirements. Lim made his decision on the basis of what was best for his career, according to his agency Brion. "As the legal battle dragged on, it has become difficult for Lim to represent South Korea and try to win his second straight Olympic gold medal in Beijing," Yonhap reported, citing a statement from the agency. He had not been able to train in South Korea for the past two years, it said, adding: "He just wanted to find ways to put his skates back on." Lim is not the first South Korean skating star to switch allegiances. In 2011, Ahn Hyun-soo - who won three golds at the 2006 Winter Games - was fast-tracked to Russian citizenship and competed at Sochi as Russian athlete Victor Ahn, after he suffered injury problems and fell out with South Korean skating officials. South Korea is a regional sporting power and regularly finishes in the top 10 in the medals tables at the summer and winter Olympics. But in an already intensely competitive society, winning is virtually everything in its sports community - and physical and verbal abuse are rife. The nation's short-track speed skating community in particular has faced several serious abuse scandals in recent years. In January, a former national speed skating coach was sentenced to over a decade in prison for sexually assaulting double Olympic gold medallist Shim Suk-hee. More on this topic Related Story Speed skating: S. Korean Olympic short track champion Lim guilty of sexual harassment but avoids jail time Related Story South Korean Olympic skating champion Shim accuses coach of sexual assault

26 1 月, 2021

Kim soars with late birdies

LOS ANGELES • South Korean Kim Si-woo rolled in back-to-back birdies at the 16th and 17th holes to hold off hard-charging Patrick Cantlay and win the US PGA Tour event in La Quinta, California, by one stroke. But his third PGA Tour victory, after firing eight birdies in an eight-under 64 for a 23-under total of 265, will not be enough to exempt the 25-year-old from military service. Kim, winner of the 2017 Players Championship and the 2016 Wyndham Championship, delayed his two-year mandatory service but knows he has to serve soon. Conscription in South Korea requires male citizens between the ages of 18 and 28 to serve. Kim would be granted exemption if he wins an Olympic medal or becomes an Asian Games champion. "I didn't do the service yet, but I'm planning on it as a Korean, but I don't know when I will go there," he said. Sunday's victory made him the South Korean with the second-most wins after trailblazer K. J. Choi, who has eight PGA Tour victories. Compatriots Noh Seung-yul and Bae Sang-moon, one-time and two-time winners on the Tour respectively, have completed their service and returned to competition. "It feels great to become the second (highest) player. I cannot say I will achieve what K. J. Choi did because he did a great job," said Kim, who moved into the world's top 50 with his win at PGA West. "My goal this year is to have a win and I got it already and I just want to have one more win and then I try to get into the Tour Championship." Cantlay had stormed to a narrow clubhouse lead with 11 birdies in an 11-under 61 - a record on the Stadium Course - and enough to put him one ahead of Kim as the Seoul native was coming up the finishing straight. Kim regained a share of the lead with his seventh birdie of the day at the par-five 16th, where he reached the green in two and two-putted from 50 feet - leaving himself less than four feet for birdie. 3 PGA Tour wins for Kim Si-woo. He is the South Korean with the second most wins on the Tour, after K. J. Choi (eight). At No. 17, Kim poured a 19-foot birdie putt into the heart of the cup to regain the lead. "No. 16, I really needed a birdie to make the play-off, and after I made the birdie on No. 16, I felt more confident. I felt more comfortable. So I tried to hit it more confidently on 17's putt, so that's how I made it," said Kim, who polished off the win with a textbook par at the par-four 18th, his final stroke a tap-in. Australian Cameron Davis fired a 64 for solo third on 268 while American Tony Finau (68) was alone in fourth on 269. AGENCE FRANCE-PRESSE

1 12 月, 2020

Successful Conclusion of KOBITA Online Business Conference to Develop Overseas Export Channels for Domestic Beauty Companies

Seoul, Korea - The video conference for cosmetics in the Greater China region (China, Southeast Asia) hosted by the Korea Beauty Industry Trade Association (KOBITA, a Korean corporation) ended successfully with the participation of 39 promising Korean beauty companies over two days (November 19th and 20th) at a consultation center established in Seoul. The video conference had participation from 39 SMEs in the Korean cosmetics and beauty field, along with cosmetics field employees and some 80 foreign buyers with a high interest in Korean cosmetics from the Greater China Region and Southeast Asian countries. As a large-scale video conference with 120 companies participating both domestic and foreign, a great deal of attention was fixed on workers in the domestic beauty industry. This overseas buyer conference served as an alternative export consortium through a conversion of the existing overseas business conference (trade mission) into an online business video conference with support by the Korean Federation of SMEs (KBIZ) to develop overseas markets for the shrinking cosmetics market and SMEs that are having difficulty in exporting overseas due to the continued spread of COVID-19. In addition, KOBITA, the organizer of the event and an association that has worked tirelessly for the development of the industry, has promoted overseas expansion of SMEs and Korean beauty through various overseas beauty exhibitions including the Beyond Beauty Asean Bangkok Expo, Cosmo Beaute Vietnam, Shanghai Beauty Expo (CBE) in China, and the Chengdu Beauty Expo to promote Korean beauty exports. In a situation making it difficult to support and participate in domestic/overseas beauty fairs due to the continued COVID-19 pandemic, a video conference was held with K-BIZ for the China and Southeast Asia region to promote overseas marketing support for promising domestic beauty companies. Overseas buyers and companies participating in the conference were able to use video consultation to see and listen to the details of the products made by Korean companies. For the two days of the conference, buyers from the Greater China region (China, Taiwan, Hong Kong) and Southeast Asia (Vietnam, Thailand, Philippines, etc.) logged in to the consultation program where they were given enthusiastic consultation from each company participating, in the process of which the Korean companies that participated achieved amounts of $8,842,650 in consultation and $2,860,600 in contract promotion. A participant in the video conference from the beauty field hoped for continued support from the government to enter the Chinese and Southeast Asian markets where Korean beauty products are in high demand, saying, "This was a great opportunity to promote the excellence of Korean beauty in Greater China and Southeast Asia and for Korean beauty companies to develop markets there." Kim Sungsu, the chair of KOBITA, stated that generous support would continue to be provided to allow small and medium-sized enterprises (SMEs) to provide foreign trade consultations in Korea in the future, saying that "Through trade consultations conducted via the offline conferences before now and the online video conference held this time, the time and physical burden of many SMEs have been reduced and we should also see an improved counselling effect." The Korea Beauty Industry Trade Association intends to continue to operate and support a number of overseas fairs and conferences in addition to the conference in 2021. Media contact Organization: KBIZ (Korea Federation of SMEs); KOBITA (Korea Beauty Industry Trade Association); Bridging korea Contact: Rina Kim; Eddie.yun Telephone: +82 70-4327-5366; +82 2-555-8897 Website: http://kobitakorea.or.kr ; http://koreabridging.com --------------------------------------------------------------- The article is provided by a third-party content provider. SEA PRWire makes no warranties or representations in connection therewith. Any questions, please contact SEAPRWire/at/gmail.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore & Malaysia)