DAEJEON < invest Korea

According to Yonhap News,

The city of Deajeon accounted on June 15 that Mayor Lee Jang-woo signed an MOU during his visit to Tiwan to make commitment to working together with Hsinchu city in the sector of science technology.

Hsinchu Mayor Kao Hung-an said during the signing event, "Hsinchu Science Park is famous for the largest number of semiconductor companies it houses than any other of its foreign counterparts. There are many areas where the two cities, Hsinchu and Daejeon, join hands, since Daejeon is the indisputable city of science in Korea with Daedeok Innopolis, the center of Korea's science technology."

Mayor Lee replied, "Deajeon is striving to foster nanochips, bio health, aerospace, and defense technology, the 4 major strategic industries as the future growth engine." and "I expect that the scope of our exchanges and collaboration won't be confined to just the public sector, but to include academia and R&D institutes, so they will promote comprehensive cooperation in research and mutual investment."

During his visit, Mayor Lee took a tour of TSMC, the number one semiconductor foundry in the world, and Foxconn.

cobra@yna.co.kr

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Source: Yonhap News (May 15, 2023)

*This article was translated from Korean.