South Korea: A New Complex to Support AR & VR

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South Korea: A New Complex to Support AR & VR
February 13, 2017

South Korea’s science ministry has opened a new complex in western Seoul to support the virtual reality (VR) and augmented reality (AR) industry. Dubbed ‘KoVAC’, the facility is located at Digital Media City (DMC), a high-tech complex in western Seoul. The center will accommodate various VR and AR companies, said the Korean Ministry of Science, ICT and Future Planning.

 

The complex is part of the government’s plan to invest more than KRW 400 billion (approximately USD 358 million) over the next four years in the development of new and indigenous VR and AR technologies.

 

Virtual Reality Summit 2007 Conference and Expo in Seoul is June 28-30. Click here for more details on the upcoming event and register on the conference site for updates.

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