GWANGJU < invest Korea

According to Yonhap News,

(GWANGJU=Yonhap News) Gwangju-Jeonnam Office of the Korea Industrial Complex Corporation (KICC) and the Gwangju Creative Economy Innovation Center signed a business agreement on November 10 to strengthen the innovation capability of small- and medium-sized companies (SMEs).

The agreement is to expand smart factories through process innovation for companies related to the core industries of the region.

A smart factory is an intelligent factory that is optimal for production, logistics and management system by utilizing IT.

The two organizations will increase the number of smart factories and nurture human resources tailored to industrial complexes to boost the competitiveness of the manufacturing industry.

The two agreed to support technology development to enhance the innovation capability of SMEs and build an educational-industrial cooperation network.

betty@yna.co.kr

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Source Text

Source: Yonhap News (Nov. 10, 2015)

** This article was translated from the Korean.