JEJU-DO < invest Korea

According to Yonhap News,

Three AI-related companies in Jeju signed product export contracts with foreign companies.

Jeju Special Self-Governing Province said on November 26 that three Jeju-based companies including "Quantum Solution", "Flexink", and "NEXT EZ" signed export contracts with foreign companies at "2023 Smart City Expo World Congress" held in Barcelona, Spain on November 7-9.

Quantum Solution signed USD 450,000 (KRW 588 million) contract on exporting EV chargers to a Canadian company.

This EV charger is equipped with AI device of Flexink that automatically check on the battery condition of EVs.

NEXT EZ signed USD 140,000 (KRW 182 million) contract on AI forecast system for solar power plant generation with a Vietnamese company.

koss@yna.co.kr

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Source: Yonhap News (November 15, 2023)