Companies specializing in Metaverse and XR technologies, selected as outstanding firms by the National IT Promotion Agency (NIPA), a Korean government agency, received support for their participation in MWC Las Vegas 2023, the American leg of the Mobile World Congress, the world's largest mobile and communications expo, held over three days starting September 26 in Las Vegas, USA.
The National IT Promotion Agency operated a Korean joint pavilion at MWC Las Vegas 2023 to generate substantive global interest in promising small and medium-sized enterprises in the Korean Metaverse and XR sectors, aiming for both overseas exports and market expansion.
A total of six companies participated in the event: AIPARK, COCONUT SILO, FROM SEOUL, INVENTIS, MetaVu, and Studio W.BABA. They introduced Metaverse and XR products incorporating various technologies such as artificial intelligence through booths in the joint pavilion. Among them, three companies participated in an official MWC Las Vegas session, the Industry City Session, to present on the topic 'The Latest K-Metaverse Technologies and How They Will Transform the Future.'