SEONGNAM — Elder-care technology companies from Seongnam have confirmed export prospects in the Japanese market.
The city of Seongnam said on the 14th that 10 local companies took part in the Home Care and Rehabilitation Expo held at Tokyo Big Sight from the 7th to the 9th, generating export consultations worth a combined 42.8 billion won ($30 million).
The participation was carried out as part of an export consortium program run by the Seongnam Senior Industry Innovation Center. The elder-care technology companies set up a joint pavilion to meet local Japanese buyers and industry officials.
The 10 participating companies were Curaco, Hexainohill, Pixelro, Sebien, Nine Technology, Bowon Tech, Spina Systems, CareLog, Exosystems and MindHub.
The companies showcased products combining artificial intelligence, information and communications technology, digital healthcare and smart care technology. Main exhibits included eye health measurement devices, safety bars, cognitive rehabilitation devices, washing-type mobile toilets and gait analysis devices.
Over the three days of the expo, the companies held 266 export consultations. The consultations were valued at 42.8 billion won. Of these, two contracts worth 1.3 billion won were signed on-site.
Another 172 consultations worth 16.4 billion won are moving into follow-up negotiations aimed at signing contracts. The remaining 92 consultations, worth 25.1 billion won, will continue through talks on transaction terms and further discussions.
"This expo served as an opportunity to introduce the technological capabilities and product competitiveness of Korean elder-care companies to the Japanese market," a Seongnam city official said. "We will continue follow-up support to secure actual export contracts and expand overseas sales channels."