CES 2021: Tasks for Korean Industries in a Digitally Transformed World

Woojung Shim (), Ohsung Kwon () and Jongki Kim ()
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Woojung Shim: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Ohsung Kwon: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Jongki Kim: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr

No 21/3, i-KIET Issues and Analysis from Korea Institute for Industrial Economics and Trade

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.

Keywords: CES; Consumer Electronics Show; consumer electronics; electronics; artificial intelligence; AI; innovation; semiconductors; communications equipment; telecommunications; ICT; information technology; IT; manufacturing; exports; competition; competitiveness (search for similar items in EconPapers)
JEL-codes: L63 L68 L69 L86 L88 L96 L99 O32 O38 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2021-02-26
New Economics Papers: this item is included in nep-ict
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