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Korea VR Festival kicks off

Korea VR Festival kicks off


The Korean version of “Zero Latency” or “The
Void” virtual reality theme park opened in Seoul. Kim Ji-yeon takes us there. The latest trends in the virtual reality sector
are being showcased at the Korea VR Festival, which kicked off on Thursday in Sangam-dong,
Seoul. Around 80 VR companies and independent developers
are participating in the four-day event to display their products and services… including
this gigantic robot… which was based on a robotic arm widely used in industry. “The general public will see a lot our robot
VRs in theme parks next year. In the longer term, however we are aiming
to broaden the use of these robot VRs in various other fields to permanently replace the need
for human labor.” The festival also promotes business opportunies
for local companies through its global networking and investment consultation programs. “The company has been sucessful so far in
commercializing 4DX motion picture technology in theaters. Through the festival, we hope to partner with
local VR developers to broaden our VR capabilities in things like shooting and interactive content.” “The festival serves as a testbed for the
local VR sector… before a grand showcase of local VR products and services planned
for the 2018 Pyeongchang Winter Olympics.” The government pinpointed the VR sector as
one of nine strategically important ICT sectors earlier this year. Last month, it had unveiled plans to invest
a combined 36-million U.S. dollars to help foster the VR and augmented reality sectors
through 2017 in order to find a sustainable profit model for the long-term development
of VR content in Korea. Kim Ji-yeon, Arirang News.

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