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2019 Korea ImpaCT-ech Awards (p.k.a. Korea Multimedia Technology Awards)

Since 1994, the Korean Economic Daily and Korea Association for ICT promotion (KAIT) have hosted ‘Korea ImpaCT-ech Awards’ to discover the best multimedia technology in Korea, and through this awards, we aim to revitalize the high-tech industry and contribute to economic development

Celebrating its 25th anniversary this year, Korea ImpaCT-ech Awards is the nation’s most prestigious award in multimedia technology industry.

Event overview

Title 2019 Korea Multimedia Technology Award Nomination period Feb 4th(Mon)~Mar 8th(Fri), 2019
Awards ceremony April 24th(Wed) 2019, COEX (2019 World IT Show Exhibition Hall)
Sponsor Ministry of Science, ICT and Future Planning Organizer The Korean Economic Daily, KAIT
Candidate qualifications A new technology or product based on multimedia developed by Korean corporation released within two years.
In all industries such as ICT, home appliance, biochemistry and distribution where multimedia is utilized.
Not only companies but also startups, public enterprises, organizations, groups, and individuals may apply for award.
※Mobile-based technology awards will be separately held on the second half of this year.
(18th Korea Mobile Technology Awards)
Definition of Multimedia - It is a complex media consisting of digital information such as letters, voice, images and graphics.
It is composed of three parts: H/W to processes, stores and transfers the contents, S/W to digitize multimedia
information and info-services contents used in system and services.
 
 - Key Technology: ICT technology like signal processing, switching technology or etc
 
  - Applications: Other than the existing ICT industry, related field of technology and products including
the 4th industrial revolution such as Iot, AI, VR, AR, drones, Contents(game, coding, advertisement, promotion), M2M and etc

Awards details

award title President’s Award Prime Minister’s Award Ministry of Science and ICT (MSIP) Minister’s Award The Korean Economic Daily President’s Award Korea Association for ICT promotion (KAIT) President’s Award
prize money 5 million KRW 3 million KRW 1 million KRW each 1 million KRW 1 million KRW
number of prize 1 1 5 1 1

Winner privileges

- An article of winner will be published in the Korean Economic Daily (Hankyung)
- A booth for ‘World IT Show 2019’ will be provided (April 24th ~27th, 2019 / COEX)
- In the process of final evaluation, medium-sized enterprises and startups will be provided with a chance to introduce their technology and product. (Venture Capital)

Criteria

Technical achievements Level of technical difficulty Level of applied high technology
Originality Originality of the entry technology (compare to the similar technology products)
Technical independence Originality of the entry technology (compare to the similar technology products)
Development potential Practical use of technology and degree of influence
Economical achievements Degree of sales contribution Domestic and abroad sales, substitution of the imported goods
Competitiveness Distinguished performance compare to the competitors, value superiority, market attractiveness in customer’s POV
Degree fo localization the rate of domestic materials used in core technology
Future growth potential Expected growth in short, long term as a single industry

Selection process

Process Details Date Remarks
Register Company/ Organization/ Group/ Individual Will be updated On/Offline register
Preliminary evaluation Qualification assessment Will be updated
Document screening evaluate the award entries
confirm the finalists
Will be updated Professional judges
Final evaluation Product·Technology presentation, demonstration
Q&A
Winner selection
Will be updated Professional judges
Prize winner announcement article of the winner will be featured in the Korean Economic Daily (Hankyung) Will be updated winner will be notified individually
Awards ceremony Prize money and award certificate Will be updated Held with WIS

Contact

  • The Korean Economic Daily, Division of Public Relations, Cultural Exhibit Team
    Address14F, 463, Cheongpa-ro, Jung-gu, Seoul, Republic of Korea
    TEL+82-2-360-4520 / 4538
    Emailhk@mtechawards.co.kr
  • KAIT Public Relations Team
    Address11F, 111, Yeoksam-ro, Gangnam-gu, Seoul, Republic of Korea
    TEL+82-2-580-0540