The Korea Institute of Startup & Entrepreneurship Development announced on July 31 that it held a meeting for the K-Beauty Smart Manufacturing Alliance on July 30 at Space Share Seoul Station 3 Center.
The meeting aimed to establish a public-private partnership and gather industry needs and policy opinions for the AI transformation of manufacturing sites.
During the meeting, participants discussed the purpose and operational direction of the K-Beauty Smart Manufacturing Alliance, support policies for the K-Beauty manufacturing industry, and the current status of collaborative smart factory projects among government departments.
Additionally, the meeting gathered feedback from attending companies and related organizations on challenges faced during the introduction and expansion of smart manufacturing, as well as their policy needs, to inform future alliance operations and collaboration strategies.
The Ministry of SMEs and Startups plans to promote the K-Beauty Smart Manufacturing Alliance to enhance the global export competitiveness of the beauty manufacturing sector and to spread AI-based smart manufacturing innovations. According to the ministry's report on small and medium-sized enterprise export trends for the first half of 2026, cosmetics exports reached $5.07 billion, marking a 30.7% increase from the same period last year, the highest on record.
Director Ahn Kwang-hyun stated, "Through the K-Beauty Smart Manufacturing Alliance, we will actively support the AI transformation of beauty manufacturing companies and continuously communicate with the industry to strengthen the global competitiveness of the K-Beauty sector."
* This article has been translated by AI.
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