Gyeongju: South Korea will host various business events during the Asia-Pacific Economic Cooperation (APEC) gathering this week to showcase domestic companies' technological competitiveness and promote exports, the industry ministry said Monday.
According to Yonhap News Agency, throughout this week, a number of APEC-related business events will take place under the official theme, titled "The Global Leap of Korean Companies Beyond APEC," exhibiting local companies' capabilities in advanced industries, such as artificial intelligence (AI), and in addressing global challenges.
In the southeastern host city of Gyeongju, the Korea Chamber of Commerce and Industry (KCCI) will host the APEC CEO Summit from Tuesday to Friday, bringing together 1,700 participants from APEC member economies and global companies. Among the attendees will be AI chip giant Nvidia's CEO Jensen Huang, Amazon Web Services CEO Matt Garman, Google's Chief Marketing Officer for Asia Pacific Simon Kahn, Citigroup CEO Jane Fraser, and Johnson and Johnson CEO Joaquin Duato.
The CEO summit, to be held under the theme "Bridge, Business, Beyond," will feature 20 sessions covering various topics, such as AI, sustainable economy, biohealth, and finance, with President Lee Jae Myung set to deliver a special address.
From Monday to Thursday, major Korean companies will host a future-tech forum on six cutting-edge technologies. HD Hyundai Co. will take charge of a shipbuilding forum, Hanwha Aerospace Co. will host a defense industry forum, SK Group will hold an AI forum, and the state-run Korea Hydro and Nuclear Power Co. (KHNP) will host a forum on future energy.
From Tuesday to Friday, the K-Tech Showcase event will display AI, mobility, robotics, and display technologies of Korean firms. The ministry noted that a number of business events will also take place in Seoul in connection with the APEC summit slated for this week, including the Invest Korea Summit, Export Boom-up Korea event, and a global tech conference.