< Samsung Electronics President Park, Pyeongtaek City Mayor Jung, and KAIST President Lee (clockwise) >
KAIST President Kwang Hyung Lee agreed to establish the ‘Department of Samsung Semiconductors’ in collaboration with Samsung Electronics Co Ltd and the City of Pyeongtaek in Kyonggi-do. The three parties, including Pyeongtaek City Mayor Jang-Seon Jung and President of Samsung Electronics Hark-Kyu Park, signed the MOU on July 13 during an online ceremony.
President Lee said that the collaboration will help spur Korea’ semiconductor industry forward. “We will spare no effort to foster seasoned semiconductor personnel who will carve out our competitive edge in the global market,” he explained.
While Samsung will sponsor the Department of Semiconductors on the Daejeon campus, Pyeongtaek City will provide 460,000 m2 of land for establishing the KAIST Semiconductor R&D Center. Samsung Electronics has run two massive semiconductor complexes in the city. The triangle of collaboration is expected to bring about synergy by generating field-based education and R&D.
KAIST also announced plans to work closely with the local government of Pyeongtaek City to create startup towns and quality jobs in the region by providing software education and technology as well as cultural spaces for local citizens.
Vice Minister of the Ministry of Science and ICT Hong-Taek Yong and National Assemblymen Jaeill Byun and Eui-dong Yu, who represent the ruling and opposition parties on the Semiconductor Special Committee, joined the online ceremony and praised the collaboration.
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