CES 2021: Tasks for Korean Industries in a Digitally-Transformed World
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Abstract
The Consumer Electronics Show in 2021 featured innovative products for the “changed-everyday” that is expected to characterize the post-COVID-19 world. Such products demonstrate that the so-called “digital transformation” is already well underway.AI is now a mandatory foundational technology across industries. Innovation is particularly visible in AI and 5G-based areas, including “home-conomy” (home + economy), bio-health, and eco-friendly technologies.This paper reviews Korea's achievements in the consumer electronics innovation space and the threats facing its industry from competitors. It also describes a suite of policy recommendations going forward.
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