venture
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Respected Entrepreneur Chung Elected New Board Chairman of KAIST
Moon-Soul Chung, founder and former CEO of Mirae Corp. who is well known as the first-generation venture entrepreneur in Korea, was elected new chairman of the KAIST Board of Directors at the 193rd Regular Board Meeting held on March 20 in Seoul, school authorities announced Monday, March 23.
Born in 1938 in Imsil, North Jeolla Province, Chung graduated from the Oriental Philosophy Department of Won Kwang University. Chung founded Mirae Corp., a semiconductor equipment manufacturer, in 1983 and got his company listed on KOSDAQ and NASDAQ markets later. His business principles stressing transparency, integrity, and technology, earned the respect of Korean businesspeople.
In 2000, he suddenly announced retirement and handed over the presidency of his company to one of his managing directors. One year later, he donated 30 billion won to KAIST. It was by then the largest amount given by a single donor.
In 2007, he was awarded an honorary degree of doctor of engineering from KAIST. He formerly served as chairman of Venture Leaders Club, President CEO of Lycos Korea and chairman of the board of directors of Kookmin Bank.
2009.03.26 View 12437 -
KAIST to Open Liaison Office in Silicon Valley
KAIST will open a liaison office in Silicon Valley, California, within the first half of this year to serve as a beachhead of its operations in the United States, university authorities announced Monday.
The opening of "KAIST America" office will be financially supported by the Silicon Valley-based Ambex Venture Group. The liaison office will be located at the first floor of the AmBex building in Sunnyvale.
The liaison office will be responsible for overseeing joint research between KAIST and the U.S. National Aeronautics and Space Administration (NASA) and KAIST"s other cooperative projects in research and development with enterprises and universities in Silicon Valley. It will also be engaged in forming a network among KAIST alumni members in the United States, raising funds within the U.S. and managing the money. The office will arrange KAIST students" internship in the companies in Silicon Valley.
"KAIST America is part of the globalization strategies that KAIST has pursued consistently. It is aimed at helping set up venture firms based on the technologies that KAIST has developed so far and generating funds needed for further development of the university," said Sun-Heung Jang, KAIST vice president.
AmBex, a venture capital company that invests in information technology, health science and financial service firms, was founded by Jong-Moon Lee, a member of Presidents" Advisory Council at KAIST. The AmBex building is situated near Stanford University, University of California in Berkeley, Google and Yahoo.
KAIST President Nam Pyo Suh will invite Stanford and UC Berkeley professors, executives of Silicon Valley enterprises and KAIST alumni in the area to the opening ceremony of the liaison office to be held some time in the first half of this year.
2008.03.25 View 12450 -
KAIST hosts Korea-China High-tech Expo
KAIST hosts Korea-China High-tech Expo
- Three days from Tuesday, December 12 at Beijing International Convention Center in China
- 30 Korean companies and 40 Chinese companies will participate and exhibit cutting-edge technologies
KAIST (President Nam-Pyo Suh) will host ‘Korea-China High-Tech EXPO 2006’ with Chinese Association for Science and Technology (CAST) at Beijing International Convention Center in China for three days from Tuesday, December 12.
‘Korea-China High-Tech EXPO’ is an event which has taken place annually since the conclusion of the Memorandum Of Understanding (MOU) for the enhancement of international joint researches and mutual exchanges between KAIST and Tsinghua University in the year of 2002 and faces the 4th time this year.
The event began for the activation of technical exchanges between top venture enterprises of the both countries and the enhancement of academic exchanges between top technical universities of the both countries and now has grown into a business stage for the enhancement of competitiveness of venture enterprises and the creation of new markets.
In the event, 30 companies, including Golfzon Co,. Ltd. etc., and 4 institutes, including KAIST Human-Friendly Welfare Robot System Engineering Research Center, etc., from Korea and 40 companies from China will participate and exhibit their cutting-edge technologies. The participants have been selected with the focus on technologies requested by China-side, and each participant will be provided with opportunities of detailed consultation with buyers from ten companies of China. During the event, subsidiary events like excellent technology exhibition, Korea-China technical business forum, special introductions of goods by Mosin Biotech, Inc. and Daeduk Lab Inc., etc. will take place.
2006.12.11 View 13998 -
KAIST tech-clinic center opens
- Consists of total 124 staffs including KAIST professors, experts from state-run institutes in Daedeok Innopolis, etc.
- Introduce the patient treatment system of general hospitals and provide the services of diagnosis, treatment, and later management of small and medium-sized venture enterprises
A tech-clinic center is opened in KAIST to solve technical problems of enterprises in Daedeok Innopolis.
KAIST (President Nam Pyo Suh) and Daedeok Innopolis (President&CEO In Chul Park) held the opening ceremony of ‘Daedeok Innopolis-designated KAIST tech-clinic center’ at the High-tech Venture Hall in KAIST, 5:00 p.m. Monday, August 28.
KAIST tech-clinic center consists of total 124 staffs including KAIST professors and researchers, experts from state-run institutes in Daedeok Innopolis, etc.
The staffs will take charge of general diagnosis and treatment in the fields of Information Communication, BioTechnologies, Nano-Technologies, Environmental Engineering, Management, Design, and so on.
The tech-clinic center, upon the request by small and medium-sized enterprises, will dispatch the staffs in the corresponding field to check the state of the enterprises and provide assistance to solve problems in technology development and researches.
The center plans to transfer technologies that enterprises need and solve long-term tasks through joint/ entrusted researches.
The center will also perform treatments in the fields of management, law, and accounting of enterprises in association with company founding and management consultation project, which is being promoted by Daedeok Innopolis.
Unlike the existing consulting institutes that put a high value on consultation, the center is featured with its distinguished way of running that it will analyze the causes of problems, find fundamental solutions, and perform even later management.
An official from KAIST said, “Considering various circumstances, it’s not easy for individual enterprises to find suitable experts in the corresponding fields and request proper solutions to settle their problems. That’s the reason why KAIST has promoted this project. KAIST hopes many enterprises in Daedeok Innopolis based on the cutting-edge technologies will gain substantial assistance from this center.”
An official from Daedeok Innopolis said, “In order to provide practical supports, the treatment will be carried out in preliminary/ routine/ expert phases. Also, it is planned to strengthen regular omnidirectional support services for enterprises in association with the internet web call center, etc.”
2006.09.05 View 14215