Emotionwave and Haneul E&T announced that they signed a Memorandum of Understanding (MOU) for 'mutual and business cooperation to vitalize AI and IoT…

Emotionwave and Haneul E&T announced that they signed a Memorandum of Understanding (MOU) for 'mutual and business cooperation to vitalize AI and IoT technology applied metaverse ultra-realistic media performance content service through the innovation and convergence of art and technology.'
This agreement, which was established through the 'VR/AR Coexistence Consulting' support project hosted by the Gyeonggi Contents Agency, took place on the 30th at the 'Gyeonggi XR Center' located in Gwanggyo, Suwon.

MOU signing ceremony held at 'Gyeonggi XR Center' in Suwon Gwanggyo, (from left) Jang Soon-chul CEO of Emotionwave and Lee Hong-jin CEO of Haneul E&T[MOU signing ceremony held at 'Gyeonggi XR Center' in Suwon Gwanggyo, (from left) Rio Jang, CEO of Emotionwave and Lee Hong-jin CEO of Haneul E&T]

The Coexistence Consulting is a project that supports connecting companies, demand customers, and distributors to expand distribution channels for promising VR/AR content and services within Gyeonggi Province.
Emotionwave, selected for this Coexistence Consulting project, provides performance services that fuse advanced ICT technologies such as AI and robotics, in addition to VR/AR technology.
Meanwhile, Haneul E&T is a specialized planning agency that plans performances for famous domestic singers, and the two companies plan to promote performance businesses utilizing non-face-to-face realistic media technology through this agreement.
Rio Jang, CEO of Emotionwave, said, "Although many companies and institutions are making efforts to revitalize the performance market since COVID-19, it is true that the performance market is still contracted," adding, "We will pioneer a new market by combining our company's proprietary technology and content with Haneul ENT's non-face-to-face performance planning."
Original article: https://www.epnc.co.kr/news/articleView.html?idxno=213217

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