The 2016 Consumer Electronics Show in Las Vegas, Nevada last week saw a poor showing for Korean companies as the event focused on virtual reality, drones and electric vehicles.

Korean IT firms were considered global leaders until very recently, with Samsung and LG spending millions of dollars this year to set up mammoth showcases for their TVs, refrigerators and air conditioners.

But U.S., Chinese and Israeli tech companies proved a bigger draw with cutting-edge products that have the potential to carve out new markets, despite having smaller booths.

On current showing, Korean IT companies could become extinct in 10 to 20 years.