The Smart Factory Automation World (SFAW), Seoul’s annual technology event, is gearing up to welcome 450 companies from nine countries, showcasing their latest advancements in robots and factory automation solutions. This exposition, taking place from March 27 to March 29 at the COEX Convention & Exhibition Center in the bustling Gangnam District, is anticipated to draw the attention of professionals and enthusiasts alike from the fashion and finance sectors, among others.SFAW stands as a prominent B2B exhibition in South Korea, dedicated to firms at the forefront of digital transformation within the realm of factory automation. The event’s official website projects an attendance of over 70,000 people this year, reflecting a significant increase from the 51,894 visitors recorded in 2023. The expo presents an unparalleled opportunity for South Korean tech companies to exhibit their innovations.Among the participants, Aidin Robotics is set to reveal PanoRadar, a state-of-the-art safety radar sensor designed for collaborative robots, enhancing operational safety by monitoring the surroundings for any obstacles or movements within a 9-meter radius. Epson Korea will introduce its GX8-A552C robot, notable for its conveyor tracking technology that facilitates the seamless sorting and picking of objects in motion, eliminating the need to stop the conveyor belt. The event will also feature contributions from Rainbow Robotics, LG CNS, and CJ OliveNetworks, showcasing their latest robotic platforms and IT service management solutions.In addition to the exhibitions, SFAW will host a series of conferences and networking sessions, aimed at fostering connections among entrepreneurs and industry leaders. International giants such as Siemens from Germany and Mitsubishi Electric from Japan are among the esteemed attendees, highlighting the global significance of the event.Reflecting on South Korea’s commitment to industrial innovation, the country’s industry ministry announced in July 2023 a strategic investment of 28.8 billion won ($22.5 million) towards the development of six digitally collaborative factories across key manufacturing sectors, including shipbuilding, carmaking, and machinery, by 2025. This initiative underscores the pivotal role of smart factories in enhancing operational efficiency and cost-effectiveness, promising a transformative impact on the nation’s manufacturing landscape.