 Hello, I'm Dr. Peter Harop, Chairman of ID TechX, and the interview this time is GenX, which has an origin for the word. We're going to ask about it, and we're going to ask about the company, which has an innovative, flexible battery, I believe. Could you explain to us who you are and your position? Yes, yes. Hi, my name is E.J. Shen. I'm from a company called GenX. GenX is a combination of two words, Jesus and ox. An ox means king in Greek. We have a corporate culture, deeply rooted in Christian values. So we make a flexible lithium ion battery, as you can see here. So it's very bendable to any direction you want, rollable. It can be in any form. That's necessary for the applications. And it's rechargeable? Yes, it is rechargeable. Is it a lithium ion type of battery? Yes, it's lithium ion. Is it solid state? No, we use gel polymer electrolyte to increase safety. Right. And how is it different from other flexible batteries that are rechargeable? So our biggest difference is the degree of flexibility. Half. So some thin batteries can be bendable a little bit, whereas ours is very flexible, so to speak. Of course. And you can stack them, they won't be as flexible, but you can get a multiple of the energy storage by stacking them. Yes, that's also possible. And can you explain these pictures, the images here, the samples you're showing? Yes, so we put it in wearable, fashionable form out of leather, whether... I mean, the packaging can be various forms, but for wearables and IoT, the design and the style is very important, so we put it into more preferable... People usually just try and make a flexible battery as engineers and they make no attempt at cosmetics or anything, do they? They just make something that they hope someone will use. What if I was asking you to guess, because you're an early-stage company, aren't you? You're relatively new? The company was established in 1991. Right. The battery department is a new business unit for us. That's the new part, so because it's relatively new, it's possibly an unfair question, but on your current guess is what do you think the application will be the winner for you, the biggest one in the next 10 years? So, our estimated guess and the forecast would be the medical, healthcare industry is transforming to have more home care practice for the patients and the people who need a special monitoring process, so that would be very promising field for all of us as users, yes. And IoT devices for industrial applications is also important, yes. If you're going to put things out in large numbers for IoT, you have a problem of recharging, I suppose, so you would possibly offer one-on-one day combined with energy harvesting, would you? Yes. So the panel layer? Yes, so that's up to the company that's building up the final device, so if energy harvesting is embedded in there, it can be connected with a flexible battery as an energy storage to last longer, for example. And do you think in the next 10 years you might have an opportunity to perhaps work with someone to combine it with a display, perhaps? Oh, yes, of course. So when the flexible display is in the market and it's near to us for our daily life, yes, definitely there will be a very big advancement as users as well. That's exciting, that's wonderful. And so in the case of, say, getting to a point where you're selling a million a year, hopefully of some application, roughly what will the price be? Are you talking many dollars or cents or what? So, of course it depends on the volume and the sizes of the battery, but we would like for these industries to grow as fast as they can, which means that these component costs is also important in advancing the industry, so we believe that we need to provide the value, as well as reasonable cost, so we're hoping it to be a couple of times more than the conventional lithium-ion cells. Button battery? Yes. It's incredibly cheap. Yes, that's a problem. Oh, not the coin cells, but yes. Oh, conventional, right, okay. You have a screen behind you that seems to be taught, I don't know what it's telling us, but are you giving a message about damaged tolerance or something, tearing them up? Yes, we have some videos about safety and the flexibility of the battery, how flexible it is, so we do various kinds of testings on the durability of the battery, depending on how many times of bending you do, what degree of the bending you do, and also cutting of the battery, et cetera. How many of you are there on the battery project? Our company is about 50 people. All right, so it's located where? We're located in South Korea. Ah, right, indeed. Ah, that's the most exciting. So other applications on the horizon, can you share with us any other applications? Obviously, medical is very interesting, as you say. Yes. What else? So one of the exciting ones will be, rather than an industry, I would say it's more interdisciplinary, so meaning that it's not just medical company or a medical device company doing things, you are collaborating with different companies from different industry to create something different and exciting and innovative. So I think that's what it is when it comes to IoT. You are not just developing one by yourself, you're combining different technologies from different industries to bring the expertise to create more value to the customers. And might we expect in the years to come from you wider ones, wide area ones? This is a narrow, you're showing us something quite narrow. What, will you be able to do wider? Oh yes, of course, our sizes range, depending on the application. So this is one of the applications because we just wanted to show it here. But other sizes can be bigger as a piece of paper or half of this size. So in the video, you can see bigger 20 centimeter long, 20 by 20 centimeter, that's been bent. And the interest so far in these early days is from what particular part of the value chain? Is it people who want to sell a finished product or is it chemical companies who'd love to have some feedstock they could make in vast quantities or how are things going? Or is it, if it's unfair question because it's too early, do say so. We do work with various companies at a different level in the supply chain. So rather than distributors, we work with creative engineers who are developing next generation products. Yeah, well thank you Mrs. Chin, that's wonderful. My exciting project, good luck, very impressive. Thank you.