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A Technology Holding Company Establishes Two Companies Based on Technologies Developed at KAIST
Mirae Holdings is a technology holding company created by four science and technology universities, KAIST, DIGIST (Daegu Gyeongbuk Institute of Science and Technology), GIST (Gwangju Institute of Science and Technology), and UNIST (Ulsan National Institute of Science and Technology) in 2014 to commercialize the universities’ research achievements. The company identifies promising technologies for commercialization, makes business plans, establishes venture capitals, and invests in startup companies.
Over the past year, Mirae Holdings has established two venture companies based on the technologies developed at KAIST. In September 2014, it founded Cresem Inc., a company used the anisotropic conductive film (ACF) bonding technology, which was developed by Professor Kyung-Wook Paik of the Material Science and Engineering Department at KAIST. Cresem provides a technology to bond electronic parts ultrasonically. The company is expected to have 860,000 USD worth of sales within the first year of its launching.
Last June, Mirae Holdings created another company, Doctor Kitchen, with the technology developed by Professor Gwan-Su Yi of the Bio and Brain Engineering Department at KAIST. Doctor Kitchen supplies precooked food, which helps diabetic patients regulate their diet. The company offers a personalized diet plan to customers so that they can effectively manage their disease and monitor their blood sugar level efficiently.
The Chief Executive Officer of Mirae Holdings, Young-Ho Kim, said, “We can assist KAIST researchers who aspire to create a company based on their research outcomes through various stages of startup services such as making business plans, securing venture capitals, and networking with existing businesses.”
Young-Ho Kim (left in the picture), the Chief Executive Officer of Mirae Holdings, holds a certificate of company registration with Sang-Min Oh (right in the picture), the Chief Executive Officer of Cresem.
Young-Ho Kim (left in the picture), the Chief Executive Officer of Mirae Holdings, holds a certificate of company registration with Jae-Yeun Park (right in the picture), the Chief Executive Officer of Dr. Kitchen.
2015.07.29 View 10902 -
KAIST Undergraduates Organize the Largest Interdisciplinary Conference in Asia
The largest interdisciplinary conference in Asia hosted by KAIST undergraduates for students around the world will be held in KAIST. The organizing committee of International Conference for the Integration of Science, Technology and Society (ICISTS) will hold the ICISTS-KAIST 2015 in KAIST and Hotel ICC from August 3-7, 2015, with around 300 Korean and international participants.
ICISTS-KAIST was established in 2005 to provide an annual platform for students to discuss the integration and the convergence of science, technology and society, regardless of their academic background.
This year’s theme is "Shaping the Future" and the topics for the conference are robotics, medicine, and science communication.
The keynote speakers are Vitalic Buterin, the winner of the World Technology Award in 2014 for the co-creation and invention of Ethereum and Alan Irwin, a well-known scholar of science, technology and society as well as the Dean of Research at the Copenhagen Business School in Denmark.
Other notable speakers include Adam Marcus, a professor of Hematology and Medical Oncology, Emory University School of Medicine; Stefan Lorenz Sorgner, the Director and co-founder of Beyond Humanism Network; Hideto Nakajima, a professor in the Department of History, Philosophy and Social Studies of Science and Technology at Tokyo Institute of Technology; Wendell Wallach, a lecturer at the Yale University Interdisciplinary Center for Bioethics; Jinil Lee, a professor in the Division of Biological Science and Technology at Yonsei University; and Sangwook Kim, an editor of APCTP web journal Crossroads and a professor in the Department of Physics Education, Pusan National University.
Last year, more than 300 students from 50 different countries attended the ICISTS-KAIST 2014 as delegates to exchange their thoughts and ideas on science, technology, and society.
To register for the event, please visit www.icists.org.
2015.07.14 View 7147 -
KAIST Undergraduate Students Volunteer in Ethiopia
World Friends (WF), one of the undergraduate student clubs at KAIST, offer students opportunities to volunteer in underdeveloped regions and countries. This year the World Friends team travels to Ethiopia from July 9 to August 17, 2015.
The aim of this trip is to help Ethiopian students fill gaps in their knowledge of information technology and encourage KAIST students build leadership skills through volunteer activities. Twenty-eight students will make the trip.
KAIST students will visit the Addis Ababa Institute of Technology and the Adama Science and Technology University, as well as some local high and elementary schools in Addis Ababa, where they will run computer classes related to the basics of information technology such as C Language, Java Programming, Photoshop, MS Office, and Windows.
The volunteers will offer Adama Science and Technology University students an advanced computer course to prepare them to participate in the ACM-ICPC, an international computer programming competition for university students.
KAIST students will also introduce Korean culture to Ethiopian students including K-pop, Korean cuisine and fashion, Korean language lessons, and traditional Korean art.
The Dean of Student Affairs and Policy at KAIST, Professor Young-Hee Kim said, “I hope the students from two very different cultures will cherish this opportunity to interact with each other and contribute to narrowing down the regional disparities in the IT field.”
2015.07.10 View 7267 -
Professor Naehyuck Jang was Appointed Technical Program Chair of the Design Automation Conference
Professor Naehyuck Jang of the Electrical Engineering Department at KAIST was appointed as the technical program chair of the Design Automation Conference (DAC). He is the first Asian to serve the conference as the chair. At next year’s conference, he will select 150 program committee members and supervise the selection process of 1,000 papers.
Founded in 1964, DAC encompasses research related to automation of semiconductor processes, which usually involve billions of transistors. More than seven thousand people and 150 companies from all around the world participate, of which only the top 20% of the submitted papers are selected. It is the most prestigious conference in the field of semiconductor automation.
The Design Automation Conference also introduces optimization and automation of design processes of systems, hardware security, automobiles, and the Internet of things. Professor Jang specializes in low power system designs. As an ACM Distinguished Scientist, Professor Jang was elected as the chairman after contributing to this year’s program committee by reforming the process of selection of papers.
Professor Jang said, “This year’s conference represents a departure, where we move from the field of traditional semiconductors to the optimization of embedded system, the Internet of things, and security. He added that “we want to create a paper selection process that can propose the future of design automation.”
The 53rd annual DAC will take place at the Austin Convention Center in Texas in June 2016.
2015.07.02 View 5886 -
KAIST Professor Sung-Ju Lee Appointed a Technical Program Chair of INFOCOM
Professor Sung-Ju Lee of the Department of Computer Science at KAIST has been appointed to serve as a technical program chair of IEEE INFOCOME. The computer communication conference, started in 1982, is influential in the research fields of the Internet, wireless, and data centers.
Professor Lee is the first Korean to serve as a program chair. He has been acknowledged for his work in network communications. In the 34th conference, which will be held next year, he will take part in selecting 650 experts in the field to become members and supervise the evaluation of around 1,600 papers.
Professor Lee is the leading researcher in the field of wireless mobile network systems. He is a fellow of the Institute of Electrical and Electronics Engineers (IEEE) and served as the general chair of the 20th Association for Computing Machinery (ACM) SIGMOBILE Annual International Conference on Mobile Computing & Networking (MobiCom 2014). He is on the editorial boards of IEEE Transactions on Mobile Computing (TMC) and IEEE Internet of Things Journals.
Professor Lee said, “I hope to continue the traditions of the conference, as well as integrating research from various areas of network communication. I will strive to create a program with high technology transfer probability.”
The 34th IEEE INFOCOM will take place in San Francisco in April 2016.
2015.07.02 View 7320 -
Professor Kyoungsik Yu Receives the Young IT Engineer Award from IEEE and IEIE of Korea
Professor Kyoungsik Yu of KAIST’s Department of Electrical Engineering is the recipient of this year’s Young IT (Information Technology) Engineer Award that was co-hosted by the Institute of Electrical and Electronics Engineers (IEEE), the Institute of Electronics Engineers of Korea (IEIE), and Haedong Science Culture Foundation in Korea. The award was presented on June 22, 2015 at The Ramada Plaza Jeju Hotel on Jeju Island, Korea.
The Young IT Engineer Award is given to emerging scientists who have made significant contributions to the advancement of technology, society, environment, and creative education.
Professor Yu's main research interests are IT, energy, and imaging through miniaturization and integration of optoelectronic devices. His contribution to academic and technological development is reflected in his publication of more than 100 papers in international journals and conferences, which were cited over 2,200 times.
Professor Yu said, “I’m honored to receive this award and am encouraged by it. I also find the award meaningful because the United Nations has designated this year as the “International Year of Light and Light-based Technologies,” the field I have been involved in as a researcher.”
In addition to Korea, the IEEE has jointly hosted and presented this award to researchers in countries such as Chile, Ecuador, Peru, Singapore, and Italy.
2015.06.22 View 9995 -
Professor Jinwoo Shin of the Electrical Engineering Department Receives the 2015 ACM SIGMETRICS Rising Star Research Award
Professor Jinwoo Shin of the Electrical Engineering Department at KAIST was selected as the recipient of the 2015 ACM SIGMETRICS Rising Star Research Award.
As a computer systems performance evaluation community, SIGMETRICS annually awards a junior researcher. He was selected as the 8th annual recipient, being the first from an Asian university.
Professor Shin was recognized for his work in theoretical analysis of stochastic queueing networks and machine learning. He said, “I would like to contribute to the expansion of computing and network theory in Korea wherein those fields are unrecognized.”
He has received numerous awards including Kennneth C. Sevcik (Best Student Paper) Award at SIGMETRICS 2009, George M. Sprowls (Best MIT CS PhD Thesis) Award 2010, Best Paper Award at MOBIHOC 2013, Best Publication Award from INFORMS Applied Probability Society 2013, and Bloomberg Scientific Research Award 2015.
2015.06.21 View 8278 -
Professor Sung Yong Kim Presents a Keynote Speech at the International Ocean Color Science Meeting (IOCS) 2015
Professor Sung Yong Kim of the Mechanical Engineering Department at KAIST delivered a keynote speech at the International Ocean Color Science Meeting (IOCS) 2015 held in San Francisco on June 15-18, 2015. His speech was entitled “Research and Applications Using Sub-mesoscale GOCI (Geostationary Ocean Color Imager) Data.”
The IOCS, organized by the International Ocean Color Coordinating Group (IOCCG), is a community consultation meeting providing communication and collaboration between space agencies and the ocean color community, building strong ties among international representatives of the ocean color communities, and providing a forum for discussion and the evolution of community thinking on a range of issues.
Professor Kim was recognized for his contribution towards the development of remote exploration of sub-mesoscale processes including eddies, fronts, and environmental fluid dynamics.
He also attended the 26th General Assembly of the International Union of Geodesy and Geophysics (IUGG) in Prague, the Czech Republic, on June 22, 2015 and gave a presentation on the sub-mesoscale eddies circulation research.
2015.06.12 View 7906 -
Science and Technology Policy Professor Chihyung Jeon Awarded Rachel Carson Fellowship
KAIST Graduate School of Science and Technology Policy Professor Chihyung Jeon has been awarded the Rachel Carson Fellowship 2015-2016.
Rachel Carson Center for Environment and Society is a research center for environmental humanities and social sciences, supported by the German Federal Ministry of Education and Research. It was founded by Ludwig-Maximilians-Universität, Munich, Germany and the Deutsches Museum as a joint initiative in 2009.
Rachel Carson Center supports researches in humanities and social sciences on the interactions between the environment and the society, following the footsteps of Rachel Cason, who raised awareness on the chemical environmental damage and started global environmental movement through her published book “Silent Spring” in 1962.
The center is awarding Rachel Carson Fellowships to established researchers to fund their writing and promote exchange of research. This year, 31 fellowships were awarded.
Professor Jeon will conduct research on "A Dredged Nation: The Four Rivers Restoration Project and the Envirotechnical Transformation of South Korea" and will also hold an additional post of International Curatorial Fellow at the Deutsches Museum.
2015.06.11 View 8384 -
KAIST to support the Genetic Donguibogam Research Project for global market entry of a new natural drug produced by Green Cross Corporation HS
In the wake of the spread of the Middle East Respiratory Syndrome (MERS), sales of immune-enhancing products in Korea such as red and white ginseng have risen dramatically. Ginseng is one of Korea’s major health supplement it exports, but due to the lack of precise scientific knowledge of its mechanism, sales of ginseng account for less than 2% of the global market share.
The Genetic Donguibogam Research Project represents a group of research initiatives to study genes and environmental factors that contribute to diseases and to discover alternative treatments through Eastern medicine. The project is being led by KAIST’s Department of Bio & Brain Engineering Professor Do-Heon Lee.
Professor Lee and Chief Executive Officer Young-Hyo Yoo of Green Cross Corporation HS, a Korean pharmaceutical company, signed a memorandum of understanding (MOU), as well as a non-disclosure agreement (NDA) to develop a naturally derived drug with an enhanced ginsenoside, pharmacological compounds of ginseng, for the global market entry of BST204 on June 10, 2015.
Donguibogam is the traditional Korean source for the principles and practice of Eastern medicine, which was compiled by the royal physician Heo Jun and first published in 1613 during the Joseon Dynasty of Korea.
Cooperating with Green Cross Co., HS, KAIST researchers will use a multi-component, multi-target (MCMT)-based development platform to produce the new natural drug, BST204. This cooperation is expected to assist the entry of the drug into the European market.
Green Cross Co., HS has applied a bio-conversion technique to ginseng to develop BST204, which is a drug with enhanced active constituent of aginsenosides. The drug is the first produced by any Korean pharmaceutical company to complete the first phase of clinical trials in Germany and is about to start the second phase of trials.
Professor Do-Heon Lee, the Director of the project said, “Genetic Donguibogam Research Project seeks to create new innovative healthcare material for the future using integrated fundamental technologies such as virtual human body computer modelling and multi-omics to explain the mechanism in which natural ingredients affect the human body.” He continued, “Especially, by employing the virtual human body computer modelling, we can develop an innovative new technology that will greatly assist Korean pharmaceutical industry and make it the platform technology in entering global markets.”
Young-Hyo Yoo, the CEO of Green Cross Co., HS, said, “For a new naturally derived drug to be acknowledged in the global market, such as Europe and the US, its mechanism, as well as its effectiveness and safety, should be proven. However, it is difficult and costly to explain the mechanism in which the complex composition of a natural substance influences the body. Innovative technology is needed to solve this problem.”
Professor Do-Heon Lee (left in the picture), the Director of Genetic Donguibogam Research Project, stands abreast Young-Hyo Yoo (right in the picture), the CEO of Green Cross Co., HS.
2015.06.10 View 7714 -
KAIST's DRC-HUBO Wins the DARPA Robotics Challenge 2015
DRC-HUBO finished all eight assignments in less than 45 minutes, taking first place among 24 international teams and claiming the USD 2 million prize offered by a US defense research agency.
The Robotics Challenge Finals 2015 hosted by the US Defense Advanced Research Projects Agency (DARPA) took place on June 5-6, 2015 at the Fairplex in Pomona, California.
Team KAIST of the Republic of Korea led by Professor Jun-Ho Oh of the Mechanical Engineering Department at the Korea Advanced Institute of Science and Technology (KAIST), Professor In-So Kweon of the Electrical Engineering Department, and researchers from Rainbow Co., the university’s spin-off company that builds the robots, won the DARPA Finals. The team received USD 2 million as a prize.
The DARPA’s Robotics Challenge (DRC) promotes a competition of robot systems and software teams which seek to develop robots capable of assisting humans in responding to natural and man-made disasters such as the Fukushima Daiichi nuclear incident in 2011. The DRC consists of three competitions: a software-based Virtual Robotics Challenge which took place in June 2013; the Robotics Challenge Trials in Homestead, Florida, in December 2013; and the Finals in June 2015.
A total of 24 teams from universities and private and public research institutes from Korea, the US, Hong Kong, Germany, Japan, and Italy participated in the Finals. The participating teams had to finish eight assignments in 60 minutes, during which their robots were untethered and operated wirelessly without communication from their engineers.
Each team was assigned a series of tasks: they included driving a vehicle, getting out of a vehicle, opening a door, turning a valve, drilling a hole in a wall, a surprise task such as pushing a button or turning on a switch, walking over rubble or debris, and climbing stairs. Robots scored a point each time they completed their missions. To win, a team had to complete all the tasks successfully in the shortest amount of time possible.
Team KAIST completed the entire course in 44 minutes and 28 seconds, followed by the Institute of Human and Machine Cognition (IHMC) Robotics in Pensacola, Florida in 50:26, and Team TARTAN Rescue of the National Robotics Engineering Center at Carnegie Mellon University in 55:15.
For details, see an article below from the New York Times:
New York Times, June 6, 2015
“Korean Robot Makers Walk Off With $2 Million Prize”
http://www.nytimes.com/2015/06/07/science/korean-robot-makers-walk-off-with-2-million-prize.html?_r=1
DRC-HUBO sticks a plug into an outlet for the surprise task at the 2015 DARPA Robotics Challenge on June 5-6, 2015, in Pomona, California.
DRC-HUBO turns a valve in a clockwise direction.
DRC-HUBO drills to cut a circle into the wall.
Members of Team KAIST pose together after the award ceremony on June 6, 2015.
2015.06.07 View 22460 -
World Renowned Wireless Technology Experts Gathered in KAIST
KAIST hosted the 2015 IEEE WoW from June 5 to 6, 2015
Wireless power transfer technologies, such as wireless electric vehicles, trains and batteries, are increasingly in use. A conference, The 2015 IEEE WoW (Workshop on Wireless Power), was held in KI Building for two days starting June 5, 2015 to exchange ideas on the new trends and issues of the world wireless power technology.
The wireless power conference hosted by Institute of Electrical and Electronics Engineers (IEEE), IEEE WoW, was sponsored by its societies, PELS, IAS, IES, VTS, MAG, and PES.
This year’s conference took place in Korea for the first time and was titled “IEEE PELS Workshop on Emerging Technologies: Wireless Power.” The event was attended by around 200 experts in wireless power from 15 countries to discuss the international standards and current trends.
Keynote speakers were President Don Tan of IEEE; Professor Grant Covic of the University of Auckland; Andrew Daga, the CEO at Momentum Dynamics Corporation; Professor Ron Hui of the City University of Hong Kong; and Jung Goo Cho, the CEO of Green Power Technologies.
The forum included plenary speaking sessions on “The Futures of EV and Power Electronics,” “Development of IPT at the University of Auckland,” “Interoperable Solution for Wireless EV Charging,” “Development of IPT for Factory Automation,” “Commercialization of High Power WPT,” and “WPT: From Directional Power to Omni-directional Power.”
Notably, KAIST Professor Dong-Ho Cho, responsible for KAIST’s On-Line Electric Vehicle (OLEV) development, spoke on “The Development of Shaped Magnetic Field Systems for EVs and Trains” to introduce the KAIST OLEV bus and OLEV trains developed in cooperation with Korea Railroad Research Institute.
The Dialog Sessions on “The Futures of Wireless Electric Vehicles” were led by John M. Miller of JNJ Miller and “Road Charged EV and WPT Regulation and Standard for EV in Japan” by Yoichi Hori of University of Tokyo.
The General Chair of this year’s IEEE WoW, KAIST Professor Chun T. Rim said, “This forum serves a great assistance to the industry using wireless power technology in areas such as smartphones, home appliances, Internet of Things, and wearable devices.”
2015.05.29 View 8210