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Lecture Hall Named After Venture Businessman Min-Hwa Lee
A lecture hall in the Alumni Start-Up Building on the KAIST campus was named Min-Hwa Lee Hall in a ceremony on Tuesday to pay tribute to KAIST alumnus Min-Hwa Lee"s contributions to the development of Korean venture business.
On hand at the ceremony were Sung-Woo Hong, head of the Small and Medium Business Administration, KAIST President Nam-Pyo Suh, dozens of KAIST alumni representatives, and figures from government research institutes.
Lee, who obtained his M.S. (1978) and Ph.D. (1985) in Electrical Engineering from KAIST, established a fund of 10 billion won along with other KAIST alumni in 2001 and donated it for the construction of the Alumni Start-Up Building for aspiring entrepreneurs. To remember his lofty vision, KAIST decided to name a lecture hall after him.
As a venture businessman, Lee founded the Madison, Ltd., one of the earliest venture companies in Korea, in 1985. Lee then played a leading role in the creation of the Korea Venture Industry Association in 1995, and in the establishment of KOSDAQ and the enactment of a special law for venture enterprises.
KAIST will appoint Lee as an adjunct professor in recognition of his expertise in venture business and commercialization of new inventions. Lee will teach entrepreneurship at the Graduate School of Management and the Institute for Gifted Students, a KAIST affiliate.
"Dr. Lee has made a great contribution to the development of Korean venture business. At a time when commercialization of new inventions was at an infant stage, he nurtured technology ventures and built the foundation for the proliferation of technology venture," President Suh said. "We expect that he will strive to open the generation of technologies which will lead the development of Korea in the future and become a mentor of aspiring entrepreneurs," Suh added.
2009.06.30 View 14051 -
KAIST to hold International Workshop on Flexible Displays
The 2009 KAIST International Workshop on Flexible Displays will take place at the Electrical Engineering Building on June 25, university sources said on Tuesday (June 23).
The workshop organized by the Center for Advanced Flexible Display Convergence (CAFDC) will explore the status and future vision of flexible and transparent plasma displays, which are among the key technologies for the development of the next-generation displays. There will be also discussions about technologies to realize the large-scale flexible and transparent display which is regarded as the display of the future.
Among the speakers are some of the most prominent figures in the field. Gary Eden from University of Illinois, Prof. Kunihide Tachibana from Kyoto University, and Carol Wedding, the president of Imaging Systems Tech., USA and several other well-known professors and engineers will participate in the workshop.
Professor Kyung-Cheol Choi, CAFDC chair, said: "The workshop will provide an excellent opportunity to examine the flexible and transparent plasma display technologies. It will also be a good chance to explore large-scale flexible and transparent displays from various technical viewpoints."
2009.06.24 View 16535 -
KAIST Appoints Two CEOs for Promotion of Innovative Projects
KAIST has appointed chief executive officers (CEO) for the two companies KAIST has recently established to carry out two innovative "low-carbon, green growth projects" supported by the Korean government, university authorities said on Monday (June 2).
Chung-Sung Ahn, a former executive of Hyundai Heavy Industries Co., a top shipbuilder of the world, was appointed as the CEO of the Mobile Harbor Co., and Chung-Koo Lee, a former president of Hyundai Motor Co., as CEO of the On-Line Electric Car Co.
The two companies have been newly established for the commercial operation of the mobile harbor and on-line electric car projects that KAIST has been working on.
KAIST has developed a plan to power electric cars through re-charging strips embedded in roadways. The university has built a prototype on its campus for electric-powered golf carts and worked on designs that would power cars and buses.
The mobile harbor system is motivated by a growing need for an innovative container transport service system to effectively meet continuing increase in global container shipping volume, KAIST has developed a system that can unload containers from a containership to a floating harbor in the sea and deliver them to a land terminal and load cargoes in a reverse way.
The 71-year-old Ahn of the Mobile Harbor Co. served as the president of the Offshore & Engineering Division and the Industrial Plant & Engineering Division of Hyundai Heavy Industries Co. from 2003 to 2005. He completed Advanced Management Program (AMP) from Harvard Business School in 1990. Ahn obtained Ph.D. in ocean engineering from MIT in 1972, M.S. in naval architecture from MIT in 1969, M.S. in meteorology/oceanography from MIT in 1967 and B.S. in Maritime Science from Korea Maritime University in 1959.
Chung-Koo Lee, 64, served as president of Hyundai Motor Co. from 1992 to 2002 and as a member of the Presidential Advisory Council on Science and Technology from 2001 to 2003.
2009.06.05 View 11263 -
KAIST Signs Agreement for Industry-Academia Cooperation with KCC
KAIST signed an agreement for industry-academia cooperation with KCC, Korea"s leading supplier of building & industrial materials, on May 28, university sources said.
The agreement signed by KAIST President Nam-Pyo Suh and Mong-Jin Chung, Chairman of the KCC Business Group, calls for KAIST and KCC to conduct joint research for the development of new technologies in nano science, new materials areas and interdisciplinary areas.
Under the agreement, KCC will invest 5 billion won into the KAIST Institute for the NanoCentury over the next five years.
KCC Chairman Chung said: "Through this industry-academia cooperation agreement, we are seeking to give part of our profits back to community . We hope this agreement to contribute to the development of core technologies of the future in the new materials field, and nurturing specialized manpower."
2009.05.28 View 12350 -
Five Prominent Figures Appointed as KAIST Admission Officers
KAIST appointed five celebrated figures including Seung Park, former Bank of Korea governor, as admission officers on May 15, university authorities said on Thursday (May 14).
The four others are Moon-Soul Chung, founder and former CEO of Mirae Corp., who is well known as the first-generation venture entrepreneur in Korea; In-ho Lee, former Korean ambassador to Russia; Myung-ja Kim, former minister of environment; and former KAIST President Chang-sun Hong who was a National Assemblyman.
Their appointment is designed to guarantee transparency and fairness in a new undergraduate admission system. KAIST has decided to select. 150 freshmen from among 1,000 students recommended by the principals of as many general high schools across the country. The five special admission officers will participate in interviewing the recommended students. The new screening system which is introduced to broaden the field of applicants to graduates from schools other than science high schools will be implemented from the next school year.
The newly appointed admission officers will have orientation sessions on May 28-29 and then visit high schools nationwide to interview the recommended students in June and July.
KAIST set off a new trend in the admission process when President Nam-Pyo Suh announced in March that 150 students, or about 16 percent of the freshmen enrollment, would be recruited from regular high schools solely on the basis of their principals" recommendation and interview results in March.
Award-winning records at math or science competitions will not be put into account in admissions to prevent after-school tutoring aimed at winning such contests. Unveiling the new admission plan, President Suh said, "We expect the principals to recommend students with special talents or potential rather than high grades."
Established under a special law in 1971, KAIST is given full liberty to recruit freshmen students in whatever method it deems right, without being required to use the scholastic ability test scores of applicants as the basic criteria.
The socially respected admission officers will single out 300 from among the 1,000 recommended students for further review. Out of the 300, the final 150 students will be chosen through in-depth interviews by KAIST professors.
"Through years of receiving principal"s recommendations and judging the academic records of the recommended students at KAIST, we can accumulate a database on high schools nationwide. If a student from a certain high school turns out to be no good, we might not pick any more student from that school," Suh said.
Over 80 percent of students admitted to KAIST this year were graduates of elite institutions, mostly science high schools. Only 20 percent came from regular high schools. Ten percent of the 150 additional openings for regular high school graduates will be alloted to students from rural areas and another 10 percent to low-income households.
"A certain high school was not able to send even a single student to KAIST for the last 10 years. I"m sure there are talented students in that school. If we give the school a chance, it wil help improve the education environment in this country," Suh said.
2009.05.22 View 11616
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KAIST Ranked Seventh in Chosun-QS 2009 Asian University Rankings
- Major Criteria in Research, Education, Globalization
KAIST ranked top in Korea and seventh in Asia in a ranking compiled jointly by the Chosun Ilbo, a major Korean daily, and global university evaluation institute QS of Britain.
In the rankings released on Tuesday (May 12), KAIST scored 94.9 based on the full 100 of the top-ranking university, the University of Hong Kong. KAIST was closely followed by Seoul National University (SNU), which ranked 8th in the Asian ranking. KAIST outpaced SNU in terms of globalization, but lagged behind in terms of peer review and recruiters review.
The Chosun Ilbo said that KAIST achieved the distinction by encouraging competition among research professors, introducing competitive educational systems such as conducting all classes in English, and speeding up globalization drive based on a strong leadership of President Nam-Pyo Suh.
In an interview with the daily published on the same day, President Nam-Pyo Suh expressed enthusiasm for stepping up his university"s drive to make it one of the world"s leading research universities, without resting on its present reputation. "The goal of KAIST is to stand at the forefront in addressing critical problems facing the humanity in the 21st century. The problems include alternative energies and transportation and logistics. If we resolve these problems, KAIST will join the ranks of the world"s best universities," Suh said.
The evaluation, the only such survey in Asia, was conducted with 463 universities in 11 countries, including 106 in Korea. The universities were ranked for competitiveness in four categories -- research quality (60 percent), teaching quality (20 percent), graduate employability (10 percent) and international outlook (10 percent).
The top-ranked University of Hong Kong was followed by Chinese University of Hong Kong, Tokyo University, Hong Kong University of Science and Technology, and Osaka University.
The top 100 Asian universities include 17 Korean universities, 33 Japanese, 11 Chinese, seven Indian, six in Hong Kong and two in Singapore.
Universities were ranked through a quantitative analysis based on data submitted by the universities in March and a qualitative analysis based on the competitiveness of professors and graduates evaluated by about 3,100 academics and businesspeople around the world.
Meanwhile, KAIST was ranked 95th among top 200 universities of the world in the Times Higher Education-QS World University rankings in 2008. It ranked 34th in the area of engineering and information technology, and 46th in natural science.
2009.05.13 View 11406
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KAIST, KHNP Sign MOU on Nuclear Technology Development
KAIST signed a memorandum of understanding with the Korea Hydro & Nuclear Power Co. (KHNP) on Wednesday (May 6) to upgrade cooperation between the two organizations in nuclear power technology development.
On hand at the signing ceremony at KAIST were KAIST President Nam-Pyo Suh, KHNP President Jong-Shin Kim and other related officials.
The agreement calls for increased efficiency and synergy effect in the development of nuclear power generation by KAIST and KHNP to gain greater competitiveness in the exportation of nuclear power technologies.
KHNP is responsible for the operation of all nuclear and hydraulic power plants in Korea which supply about 40 percent of the nation"s electric power demand. It is the largest among the six power generating subsidiaries that separated from Korea Electric Power Corporation (KEPCO) in April 2001.
2009.05.07 View 10998 -
KAIST Dedicates Geocentrifuge Experiment Center
KAIST dedicated the KOCED Geo-Centrifuge Experiment Center for researches in monitoring natural disasters such as earthquake and embankment collapse through miniature simulation tests on Wednesday (April 9) after a two-year construction work.
The experiment center is part of the Korea Construction Engineering Development Collaboratory Program (KOCED) which has been sponsored by the Ministry of Land, Transport and Maritime Affairs to build an infrastructure for construction engineering researches at a national level. The ministry plans to build a total of 5 similar centers nationwide by the end of the year.
On hand at the dedication ceremony were Jae-Choon Lee, President of the Korea Institute of Construction & Transportation Technology Evaluation and Planning, KAIST President Nam-Pyo Suh, and scores of experts and administration officials.
The construction of the five-story building on an area of about 3,328 square meters cost 8.4 billion won (US$6.3 million).
The center is expected to serve as a major laboratory in the field of geotechnical engineering. It is equipped with such state-of-the-art facilities as geocentrifuge, a useful tool for studying flow in unsaturated soil under well-controlled, repeatable conditions, a bidirectional shaking-table that can reproduce earthquake-like wave; and robots that can reproduce construction procedures by remote control.
Geocentrifuge experiment allows detecting ground and structure motions easily and rapidly by simulation tests. Thus, it is widely used for various geotechnical engineering researches such as evaluation of seismic safety, soft ground movement, slope stability analysis, etc. The causes of the embankment collapse in New Orleans by Hurricane Katrina in 2005 were also revealed by the geocentrifuge experiment.
The geocentrifuge research facility is available for use by outside researchers, so scientists from other universities, research institutes and corporations can perform research and test their scientific and engineering hypotheses.
The center is divided into two sections, experiment building and research building. The experiment building is composed of a geocentrifuge laboratory, model-making rooms, workshops, a geotechnical engineering laboratory and specimen storehouse, while the research building has a control room, a video conference room, an electronic library and research rooms.
2009.04.09 View 12118 -
Respected Entrepreneur Chung Elected New Board Chairman of KAIST
Moon-Soul Chung, founder and former CEO of Mirae Corp. who is well known as the first-generation venture entrepreneur in Korea, was elected new chairman of the KAIST Board of Directors at the 193rd Regular Board Meeting held on March 20 in Seoul, school authorities announced Monday, March 23.
Born in 1938 in Imsil, North Jeolla Province, Chung graduated from the Oriental Philosophy Department of Won Kwang University. Chung founded Mirae Corp., a semiconductor equipment manufacturer, in 1983 and got his company listed on KOSDAQ and NASDAQ markets later. His business principles stressing transparency, integrity, and technology, earned the respect of Korean businesspeople.
In 2000, he suddenly announced retirement and handed over the presidency of his company to one of his managing directors. One year later, he donated 30 billion won to KAIST. It was by then the largest amount given by a single donor.
In 2007, he was awarded an honorary degree of doctor of engineering from KAIST. He formerly served as chairman of Venture Leaders Club, President CEO of Lycos Korea and chairman of the board of directors of Kookmin Bank.
2009.03.26 View 12455 -
President Lee Myung-bak's Congratulatory Address at 2009 KAIST Commencement Ceremony
Following is the full text of President Lee Myung-bak"s congratulatory address at the 2009 KAIST Commencement Ceremony.
Beloved graduates, proud parents, dear family members,
Mr. Cho Jeong-nam, Chairman of the Board of Directors,
Dr. Suh Nam-pyo, President of KAIST,
Esteemed faculty and staff members, Distinguished guests, ladies and gentlemen,
It is great to see you all.
First of all, I must begin by extending my most sincere congratulations to the 1,976 graduates who are receiving their degrees today. You worked hard, you earned it and I congratulate you.
We must also remember your parents who worked just as hard as you did, if not more, to support you. You may have family members whom you wish to thank for their support and understanding. I also thank and congratulate the faculty and staff members who worked hard to provide the best possible education for you.
Today is also a great day since we can all join together to recognize the achievements of Dr. Ryu Geun-chul and show him how deeply we respect and appreciate his generous contributions to KAIST. Today, Dr. Ryu received an honorary doctorate in science for his life-long contributions in the field of Korean traditional medicine. He has also donated a vast portion of his personal wealth to KAIST for educating future leaders in science and technology.
Dear graduates, faculty members,
KAIST has been in the forefront of leading Korea’s development over the last thirty-eight years. As the preeminent institution devoted to educating the very best minds in science and technology, more than 20% of all doctorate degree holders in Korea’s science and engineering field are KAIST alumnus. KAIST has led the drive to create more than 470 venture start-ups, opening up a vast new horizon for Korea’s scientific and technological breakthrough while leading the economic growth of Korea.
KAIST has done exceptionally well even compared to the world’s best. It is ranked 34th in engineering and IT. It is ranked 46th in natural sciences. These rankings are a demonstration that KAIST is a research-focused institution with global competitiveness.
Moreover, KAIST has been an example for other higher institutions seeking to reform the way colleges and universities operate. KAIST has demonstrated its forward-looking and reform-minded vision in terms of selecting students, recruiting and evaluating professors and managing its courses. In particular, when KAIST selects its students, it doesn’t look only at their test scores but looks for creative and innovative minds with real character and potential. Such practices are having positive influences on how other universities and colleges select their students. Furthermore, KAIST has taken the lead in applying their research skills to matters of global concern through its EEWS initiative. I am proud of such visionary work and will continue to have high hopes for KAIST.
Our promising future depends on gifted individuals and gifted individuals are nurtured through solid education. For a country such as Korea with no natural resources, human capital is our greatest and most precious resource. We must overcome our lack of natural resources with our abundant and limitless brain power.
The 21st century will be a knowledge-based society and so national competitiveness of individual countries will be determined by how competitive its universities and research institutes are. And the time calls for universities with world-class capabilities in research. Especially, our investments in science and technology today will ensure a brighter tomorrow.
I assure you that this government will spare no effort to KAIST so that it can continue to foster the best minds for even greater achievements.
My dear graduates and professors, proud parents and family members,
All of us are going through difficult times due to the global economic crisis. At the same time, we must face global climate change which is our common concern. And this global concern must not be put aside or given less priority because of the economic crisis. We must do all we can to overcome the economic crisis while aggressively and consistently implementing measures to deal with climate change. At the same time, we must continue our quest to develop the next-generation engines of growth in preparation for the future when this economic crisis is eventually over. This is killing three birds with one stone and this is the core of my Low Carbon/Green Growth vision for Korea’s future.
For a country like Korea with no oil reserves whatsoever, Low Carbon/Green Growth is a must. We simply do not have any other choice. It is also the path that the global community must take.
Korea was late in joining the club of industrialized countries but we are ahead in the information technology sector. But, because we did not possess the core technologies in information and communication, we were unable to fully benefit from being ahead.
Now, we must excel in all areas in the age of green growth. Korea’s future growth will depend on how many core technologies we manage to accrue in green technology, such as technologies to conserve energy, development of new and renewable energy. The government will double, compared to last year, its investments into research and development of green technology.
The government has a long-term vision and this vision calls for continuously increasing strategic investments into the new engines of growth and they include basic sciences, core technologies and big science. Deregulation will continue so that we can foster scientific and technological advancements and also attract more investments and people from abroad.
Dear graduates,
Another source of our new engine of growth and our green technology is none other than fusion technology. Our bio, IT and nano technology will come together, and coupled with what is already a world-class IT industry, we can create future engines of growth.
President Suh Nam-pyo stressed that “Inter-disciplinary study that takes place amidst the boundaries of different disciplines is where new discoveries and added-value are found.” This is a reminder of the importance of fusion research. And we all know that KAIST is the leader in this endeavor.
Fusion technology will greatly improve our quality of life and introduce new and innovative ways to solve our real concerns. Healthcare and medical science are just two examples. As our society becomes an aged society, identifying the causes of and finding the cure for degenerative diseases such as Pakinson’s and dementia are becoming more and more important. If we manage to successfully combine our knowledge in medicine, science and engineering, we can come up with revolutionary ways to detect and cure these and other diseases.
In particular, we will soon see science and medicine come together to create an entirely new paradigm in how we take care of our health. Medicinal research and high-tech research hospitals will be the norm. I truly believe that we can save both this planet as well as ourselves by utilizing green technologies and high-tech fusion technology. The government will continue to support such efforts.
Dear graduates, the heroes of today,
Some of you may wish to pursue higher degrees in order to reach even loftier academic goals. Some of you may opt to venture into society.
Wherever you go and whatever you decide to do, do not be afraid of failure. Pursue your dreams. Face the challenges that come your way. And when you boldly face these challenges with the most precious gift you have, your youth and ideals, your dream will come true. Remember that history is made by those who take up the challenge. Do not be discouraged if you fail today. Just pick yourselves up tomorrow and try again. And again.
Do not be consumed by selfish ambitions. But instead, always think what you can do for your society, your country and for humankind.
Science and technology that is used for personal gains or new innovations and technologies lacking even the very basic ethical standards can become a curse to mankind. This is why those aspiring to become scientists and engineers must first agonize over how they plan to better the lives of man before they learn how to conduct experiments. Once you’ve gone through this, you will then be eligible to become true leaders, with your character and technological know-how.
Remember the time you spent hunched over a book, in the classroom, in the library or in laboratories. Do not forget why you came here in the first place. Aim for higher goals in your respective fields.
With that, I wish you a wondrous and exciting new journey.
Again, congratulations and well done!
Thank you.
2009.03.13 View 13441 -
KAIST to Admit 150 Students Based on Recommendations
KAIST will select 150 students from regular high schools, excluding those from special purpose schools, on the basis of their principals" recommendations and interview results beginning in the next school year in an effort to diversify admissions, President Nam-Pyo Suh said on Thursday (March 5).
Award-winning records at math or science competitions will not be put into account in admissions to prevent after-school tutoring aimed at winning such contests.
President Suh unveiled the new admission plan at a news conference in Seoul. "We expect the principals to recommend students with special talents or potential rather than high grades," Suh said. Established under a special law in 1971, KAIST is given full liberty to recruit freshmen students in whatever method it deems right, without being required to use the scholastic ability test scores of applicants as the basic criteria.
KAIST plans to initially select 1,000 students across the country based on recommendations. Admission officers will single out 300 for further review. Out of the 300, the final 150 students will be chosen through in-depth interviews.
"Years of receiving principal recommendations would accumulate a database on high schools nationwide. If a student recommended by a principal turns out to be no good, we might not pick more students from that school," President Suh said.
Over 80 percent of students admitted to KAIST this year were graduates of elite institutions, mostly science high schools. Only 20 percent came from regular high schools. The 150 additional openings next year will be allotted to only those attending ordinary high school.
Ten percent of the 150 openings will be assigned to students from rural areas and another 10 percent will go to students from low-income households.
"One high school was not able to send even a single student to KAIST for the last 10 years. I"m sure there are talented students in that school. If we give the school a chance, the education system will be upgraded," President Suh said.
KAIST-affiliated Korea Science Academy, a Busan-based high school for gifted students, will also adopt similar admission policy of recruiting students solely on the basis on recommendation and interview results from 2011.
2009.03.10 View 11200 -
Oriental Medical Scientist Lyu Awarded Honorary Doctorate Degree from KAIST
KAIST awarded an honorary doctorate degree to Keun-Chul Lyu, an Oriental medical scientist who donated property valued at 57.8 billion won (US$56 million) to KAIST at its 2009 commencement ceremony on Feb. 27.
Dr. Lyu who was born in Cheonan, South Chungcheong Province, in 1926 received the first-ever doctorate degree in Oriental medicine from Kyung Hee University in 1976. His researches and practices have had profound impact on Oriental medicine in Korea and elsewhere. He successfully administered acupuncture anesthesia for Caesarean section in 1972, for the first time outside China.
During the three years (1973-1975) he worked at the Kyung Hee University"s Apoplexy Center as superintendent, he developed a new cure incorporating the Oriental and Western medicines for patients seized with apoplexy. With a thesis based on the cure, he earned a Ph.D. in medical engineering from Moscow State Technical University Bauman in 1996.
His outstanding capabilities drew attention in the 1970s when he served as a professor of the Department of Acupuncture at Kyung Hee University and later as deputy director of the university"s Hospital of Oriental Medicine. His record of treating about 50,000 patients a year is still touted among the younger generation of Korean Oriental medicine practitioners.
Dr. Lyu"s unselfish spirit of public service has been well exhibited in that he actively engaged in rendering voluntary medical services in rural and medically disadvantaged areas. He also distinguished himself with his strong interest in donation for humanitarian causes. Among his many charitable activities, his donation of a multipurpose gymnasium and golf practice range to a primary school in his native town Cheonan made so many children happy and helped them develop great ambitions. In 2008, he donated property valued at 57.8 billion won (US$56 million) to KAIST, wishing to help broaden the academic horizon of students studying at Korea"s premier research university.
His donation to KAIST was the largest in amount in the history of private donations to universities in Korea.
2009.03.02 View 11492