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.
< Photo 1. On the 17th, KAIST held the 2023 Commencement Ceremony for a total of 2,870 students, including 691 doctors. > KAIST held its 2023 commencement ceremony at the Sports Complex of its main campus in Daejeon at 2 p.m. on February 27. It was the first commencement ceremony to invite all its graduates since the start of COVID-19 quarantine measures. KAIST awarded a total of 2,870 degrees including 691 PhD degrees, 1,464 master’s degrees, and 715 bachelor’s degrees2023-02-20
The KAIST Alumni Association (Chairman, Chil-Hee Chung) announced on the 12th that the winners of the 2023 KAIST Distinguished Alumni Award and International Alumni Award has been selected. The KAIST Distinguished Alumni Award, which produced the first recipient in 1992, is an award given to alumni who have contributed to the development of the nation and society, or who have glorified the honor of their alma mater with outstanding academic achievements and social and/or communal contributions.2023-01-12
A ceremony was held to celebrate the signing of the Cooperative Agreement between NYC and KAIST and the presentation of the signage for KAIST NYU Joint Campus at NYU’s Kimmel Center in Manhattan. KAIST President Kwang Hyung Lee (left) and NYU President Andrew Hamilton (right) KAIST (President Kwang Hyung Lee) signed a cooperative agreement with the City of New York and had an official showing of the signage for the Joint Campus of KAIST and New York University (NYU) on Septembe2022-09-27
BMW ‘iVision Circular’, Commercial Vehicle-Hyundai Motors ‘Trailer Drone’ selected as winners of the international awards for concept cars established by KAIST Cho Chun Shik Graduate School of Mobility to honor car makers that strive to present new visions in the field of eco-friendly design of automobiles and unmanned logistics. KAIST (President Kwang Hyung Lee) hosted the “2022 Future Mobility of the Year (FMOTY) Awards” at the Convention Hall of the2022-07-14
Twenty KAIST students gave a go at selling their business ideas to investors at Silicon Valley on the “Pitch Day” at 2022 Global Entrepreneurship Summer Camp. From Tuesday, June 21 to Monday, July 4, 2022, KAIST held the first Global Entrepreneurship Summer Camp (GESC). The 2022 GESC, which was organized in collaboration with Stanford Technology Ventures Program (STVP), KOTRA Silicon Valley IT Center, and KAIST Alumni at Silicon Valley, was a pilot program that offe2022-07-05