[INQ. NO. 1808E05] lululab Inc. recently participated in Korea’s most representative smart devices exhibition KITAS 2018 where its leading AI skincare assistant Lumini was chosen as one of the TOP 10.
With the help of becoming one of the TOP 10, it is expected that Lumini will become a more popular product in the field in the domestic market, playing a key role in enlarging the domestic market.
lululab Inc. initially focused on the overseas market rather than the domestic one and early this year actively promoted its products at an exhibition in France. Through its participation in KITAS, lululab drew keen attention to its products among participating local buyers.
lululab uses self-developed AI technology for all three steps: taking a selfie, skin analysis, and product recommendation. When a user takes a picture, Lumini captures footage optimized for analysis by using real-time face recognition technology and constantly increases accuracy through deep learning when analyzing skin. Lumini recommends tailored products for users by finding the best products suited for them by analyzing online product data, and customer reviews through natural language processing.
Equipped with a multi-light module and a camera that employs analysis software, lululab is operable on both tablet PCs and mobile devices. Module products can be incorporated in a kiosk or a touch screen or simply attached to it before using. Add-on products, with a one-minute installation, turn a regular kiosk into a smart device equipped with an AI skincare analysis solution.
lululab Inc. sees the global B2B markets as the most important areas to generate more profits than other kinds of global markets. All members of the booming global beauty industry, from skincare clinics to cosmetic brands, can use lululab for marketing, sales, customer relationship management and much more. It is a winwin deal for both manufacturers and customers since new products can be recommended and provided to customers after precisely analyzing a user’s skin. lululab will launch B2C products for the general public in late 2018.
Yongjoon Choe, the CEO of lululab Inc., remarked “lululab will make the first AI trailblazer in the beauty industry so that anyone can easily use our Beauty-AI solution and experience the next chapter of the beauty industry, and we will eventually expand it to the healthcare industry to improve people’s quality of life.”
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always felt discontent with the gadgets he had in hand. He had always believed in the capabilities of the smartphone camera, which led to his endeavor to develop “better” gadgets. To proceed with his plan, he constructed the early designs for the Everstick, and gathered members for his team. However, conditions were not that great in the beginning, and in 2017, a series of incidents eventually led to a temporary halt in business for the team. However, by participating in the “2017 K-Startup Challenge,” as well as the “Indiegogo” crowdfunding program, the team members could once again kickstart their business. In the same year, they were accepted for the “Youth Startup Academy” program operated by a branch of the Korean government and came to this point in 2018 with high hopes for the KITAS exhibition.
Everstick > Steadicam + Tripod + Monopod
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