KAIST

KAIST (Steve Kang) and Hancom Inc. (Sang-Chul Kim) made an agreement on the 8^th of April for a partnership to jointly develop software industry. After the ceremony, a TFT (Task Force Team) for industry-university collaboration was established and a seminar to discuss cooperative projects ensued.

KAIST and Hancom Inc. agreed to cooperate in three main areas at the seminar. They included enhancing manpower in the Korean software industry, the technical development of software applications, and creating a business model for the expansion of the Korean software market globally.

KAIST president Steve Kang said, "Noteworthy research achievements will result from this great partnership with Hancom Inc. I believe this alliance will play an important role in the development of Korean software industry."

“The combination of KAIST's excellent talents and Hancom's software know-hows will produce market-winning results. We hope that mutual developments from the two organizations through this practical industry-university collaboration will inspire many software companies to follow suit,” said Sang-Chul Kim, the president of Hancom Inc.