Korea Times / 2004. 03. 26
By Kim Tae-gyu
Staff ReporterThe world"s top companies and research institutes are rushing to Korea to set up research and development (R&D) centers.
The Ministry of Science and Technology (MOST) on Thursday said it isunder negotiation with several world-renowned firms or foundations,including University of Cambridge Cavendish Laboratory, Novartis, DuPont and EMC.The Ministry of Information and Communication (MIC) is also lookingto attract five to six multinational companies to establish R&D centers here this year.
Korea has already become a home for R&D institutes from top-tier foreign outfits like the world"s No.1 computer-chip maker Intel Corp. and Paris-based medical foundation Institut Pasteur as well as Germany"s Fraunhofer-Gesellschaft.
The MOST said Cavendish will exchange a memorandum of understandingto set up a joint research center here together with the Korea Advanced Institute of Science and Technology (KAIST) as early as this May.
The two entities will join hands to accelerate knowledge in the fields of nanotechnology, optical technology and physics to name a few,a MOST official said.It also seeks to invite Swiss-based pharmaceutical group Norvatis toestablish an R&D center here on occasion of the medical symposium that will take place here from March 31.
The Fortune 500 company is expected to dispatch dozens of high-ranking staff to the two-day neuroscience convention.
The Korea Foundation for International Cooperation of Science and Technology (KICOS), an affiliate of MOST, expects a few American companies, including DuPont, to open shop here.``DuPont is likely to make a decision, and we are currently under negotiations with several big companies like EMC,"" KICOS official KimKey-hyup said.
EMC is the world"s third-largest maker of data-storage devices.Seoul seeks to host six high-tech information-technology (IT) research centers this year.
Up to now, Intel and Fraunhofer committed themselves to setting up research centers here, and IBM will likely open an R&D center as soonas its affiliate IBM Korea"s bribe scandal regarding a government contract is settled.
Such high-profile companies as Microsoft, Hewlett Packard and Qualcomm are welcome to open R&D centers in Korea, an MIC official said. The government is willing to provide financial incentives to foreignR&D centers.
KAIST started the fundraising campaign to construct the 50th Anniversary Memorial Building. This is one of the projects and events the 50th Anniversary Commemorative Committee established to celebrate the anniversary. The ground will be broken in 2022 after raising approximately 50 billion KRW through 2021. The five-story building will be the latest addition to the KAIST campus. To highlight the campus’s history, the new building will connect the N5 (Basic Experiment & Research) and N2020-10-07
The largest amount since the opening of KAIST will fund ‘Singularity Professors’ KAIST Development Foundation Chairman Soo-Young Lee made a gift of real estate estimated at approximately $57 million on July 23. This is the largest donation KAIST has received since it was founded in 1971. The fund will establish the “Soo-Young Lee Science Education Foundation” and the proceeds of the foundation will go to the “Singularity Professors” as necessary resource2020-07-23
KAIST announced that the university would continue online classes through the fall semester. However, the university will conduct additional in-person classes for upper-level undergraduate lab classes and some graduate courses where on-site interaction was deemed to be highly necessary. Some 600-level graduate courses at the Daejeon campus and graduate courses at the Seoul campus will carry out both in-person and online classes. The fall semester will start from August 31. Provost and Execut2020-07-10
The KAIST Institute for NanoCentury (KINC) recognized three distinguished researchers whose convergence studies made significant impacts. The KINC presented the 10th KINC Fusion Research Awards during a ceremony that took place at KAIST’s main campus in Daejeon on May 19. This year’s ‘best’ convergence research award went to a joint research group led by Professor Hee Tak Kim from the Department of Chemical and Biomolecular Engineering and Professor Sang Ouk Kim from t2020-05-19
HUBO, a humanoid robot developed by Professor Jun-Ho Oh’s team, made its debut as a co-anchor during the TJB prime time news 8 on May 14. “Un-contact" became the new normal after Covid-19 and many business solutions are being transformed using robotics. HUBO made two news reports on contactless services using robots in medical, manufacturing, and logistics industries. HUBO 2, the second generation of HUBO, appeared as a special anchor on the local broadcasting network’s spec2020-05-14