AI specialist company Raonpeople has signed a memorandum of understanding (MOU) with Hyronic, a medical device manufacturer and exporter to the United States, to actively target the AI medical and skin beauty device market.
Hyronic is a company that not only manufactures and sells medical devices to hospitals and clinics in Korea but also pursues high value-added businesses by exporting medical and skin beauty devices to the global market after obtaining certifications related to medical device regulations from the U.S. Food and Drug Administration (FDA) and the European Union.
On the 31st, Raonpeople announced that it signed an MOU with Hyronic on the 30th of this month, agreeing to expand cooperation in areas such as automating medical device production processes using AI vision inspection technology and advancing skin analysis and technology using the AI analysis solution AIMIMO.
Raonpeople has been actively advancing its K-beauty business integrated with artificial intelligence by launching the AI skin diagnosis solution AIMIMO, and through a partnership with the beauty specialist brand Spana-mu, which has franchise stores in Seoul and the metropolitan area, it is aggressively targeting not only the domestic market but also global markets such as China.
Furthermore, at CES 2024, the world’s largest electronics and IT exhibition, the combination of AI and beauty tech has received significant attention, forming a theme around AI skin analysis and beauty platform-related businesses in the global market. With steady growth continuing in markets including China, interest is focused on the collaboration between Raonpeople and Hyronic.
In addition to AI vision inspection and skin diagnosis solution businesses, Raonpeople is seeking a complete structural improvement through business diversification, including generative AI and AI platform businesses. The acquisition of TDG, a Microsoft Korea partner, is also enabling the development of AI cloud convergence solutions, raising expectations for growth.
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