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Jungheung to Donate 30B KRW for Semiconductor Research and Education
Jungheung Group, a construction company in Korea, made a pledge to donate 30 billion KRW for semiconductor research and education at KAIST. Junghueng will spend 20 billion KRW to construct the semiconductor education and research facilities that will be established in Pyeongtaek City in collaboration with Samsung Electronics, and 10 billion will go for supporting the educational training program. The pledge ceremony was held at the Daejeon campus with Jungheung Group Chairman Chang-Sun Jung, KAIST President Kwang Hyung Lee, and Pyeongtaek City Mayor Jang-Seon Jung in attendance. Chairman said, “The only way to earn a competitive edge in this era of technology hegemony is to invest in young talents in the science and technology fields. They will grow up to be excellent experts who will feed tens of thousands of people.” He added, “Donating to nurture future talents is the most rewarding investment we can make for the future.” President Lee said, “Jungheung’s donation is an investment in the semiconductor industry in Korea, which will be the growth engine for the nation. We will make every effort to foster the world’s best workforce in the semiconductor sector.” Mayor Jung also expressed high hopes for the advancement of KAIST into ‘Brain City,’ a complex designated with Samsung Electronics for the semiconductor industry. “The city government will fully support the semiconductor industry and KAIST. In doing so, we look forward to becoming the center of the semiconductor industry in the nation,” announced Mayor Jung.
KAIST-Pyeongtaek City-Samsung Join Hands to Foster Seasoned Semiconductor Workforce
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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