AmCham SME Collaboration Forum Explores AI Partnerships for Korean SMEs, South Korea

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AmCham SME Collaboration Forum Explores AI Partnerships for Korean SMEs

The American Chamber of Commerce in Korea recently organized the AmCham SME Collaboration Forum in Seoul, focusing on exploring collaboration opportunities in the field of artificial intelligence (AI) between global companies and small and medium-sized enterprises (SMEs) in Korea. The event was attended by key government officials from South Korea and the US, including Rep. Ahn Cheol-soo and Andrew Gately, minister counselor for commercial affairs from the US Embassy in Seoul. Korea’s SMEs and Startups Minister Lee Young also participated via a video link.

The forum revolved around the theme of Expanding SME Horizon Toward Connected AIoT Ecosystem, with an emphasis on forming partnerships and fostering mutual growth between Korean SMEs and US tech giant Qualcomm. The discussions primarily focused on the combination of AI and the Internet of Things (IoT) infrastructure, aiming to enhance human-machine interactions, data management, and analytics.

James Kim, Chairman and CEO of AmCham, expressed the chamber’s commitment to facilitate business opportunities for SMEs in the US and Korea. He emphasized the importance of supporting governments in driving inclusive economic development and fostering innovation globally. Furthermore, Kim highlighted AmCham’s dedication to working closely with industry partners to create an environment conducive to doing business for both SMEs and multinational corporations (MNCs).

SEO-Friendly Article: AmCham SME Forum Explores AI Partnerships for Korean Small Businesses

The American Chamber of Commerce in Korea held the AmCham SME Collaboration Forum in Seoul, South Korea. The purpose of the forum was to explore various opportunities for collaboration between Korean small and medium-sized enterprises (SMEs) and global companies in the evolving field of artificial intelligence (AI). The event was attended by notable government officials from both South Korea and the United States.

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Korea’s SMEs and Startups Minister Lee Young also participated in the forum through a video link. The discussions during the forum revolved around expanding the horizons of Korean SMEs by establishing partnerships with US tech giant Qualcomm. The focus was on leveraging the potential of the AIoT (Artificial Intelligence of Things) ecosystem, which combines AI and the Internet of Things (IoT) infrastructure to enhance human-machine interactions, data management, and analytics.

AmCham Chairman and CEO James Kim emphasized the organization’s commitment to supporting SMEs in both the US and Korea. Kim stated that AmCham is dedicated to creating a favorable environment for SMEs and multinational corporations (MNCs) to do business. He also mentioned AmCham’s mission to drive inclusive economic development and foster innovation globally.

In conclusion, the AmCham SME Collaboration Forum served as a platform for exploring partnerships and mutual growth opportunities in the field of AI between Korean SMEs and global companies. The discussions centered around the potential of the AIoT ecosystem, highlighting the importance of enhancing business opportunities for SMEs in both the US and Korea. AmCham remains committed to supporting governments and industry partners in driving economic development and fostering innovation on a global scale.

Frequently Asked Questions (FAQs) Related to the Above News

What was the purpose of the AmCham SME Collaboration Forum in Seoul?

The purpose of the forum was to explore collaboration opportunities in the field of artificial intelligence (AI) between global companies and small and medium-sized enterprises (SMEs) in Korea.

Who attended the AmCham SME Collaboration Forum?

The forum was attended by key government officials from South Korea and the US, including Rep. Ahn Cheol-soo and Andrew Gately, minister counselor for commercial affairs from the US Embassy in Seoul. Korea's SMEs and Startups Minister Lee Young also participated via a video link.

What was the main focus of the discussions during the forum?

The discussions primarily focused on forming partnerships and mutual growth opportunities between Korean SMEs and US tech giant Qualcomm. The main focus was on leveraging the potential of the AIoT (Artificial Intelligence of Things) ecosystem, combining AI and the Internet of Things (IoT) infrastructure.

What were the goals of combining AI and IoT?

The goals of combining AI and IoT were to enhance human-machine interactions, optimize data management, and improve analytics capabilities.

How did James Kim, Chairman and CEO of AmCham, express the chamber's commitment?

James Kim expressed AmCham's commitment to facilitating business opportunities for SMEs in the US and Korea. He highlighted the importance of supporting governments in driving inclusive economic development and fostering innovation globally.

What is AmCham's dedication and mission?

AmCham is dedicated to working closely with industry partners to create an environment conducive to doing business for both SMEs and multinational corporations (MNCs). Their mission is to drive inclusive economic development and foster innovation globally.

What were the key takeaways from the AmCham SME Collaboration Forum?

The forum served as a platform for exploring partnerships and mutual growth opportunities in the field of AI between Korean SMEs and global companies. The discussions highlighted the potential of the AIoT ecosystem and emphasized the importance of enhancing business opportunities for SMEs in both the US and Korea. AmCham remains committed to supporting governments and industry partners in driving economic development and fostering innovation on a global scale.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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