JEOLLABUK-DO < invest Korea

According to Yonhap News,

(JEONJU=Yonhap News) Geokwangeng, a SME in Jeonju-si, Jeonbuk-do is to export its carbon archery components to France.

Korea Institute of Carbon Convergence Technology (KCTECH) announced on March 13 that Geokwangeng signed Letter of Intent (LOI) worth USD 600,000 with France's Vincent Archery.

Geokwangeng, a tenant in New Development Support Center of KCTECH, is participating in JEC World 2019, the leading international composites show held in Paris, France.

Geokwangeng expects to this LOI will give further opportunity to supply its carbon archery components, developed through a prototype manufacturing support project, to more European companies.

KCTECH also said that it signed MOU to pursue global market expansion and international joint research on carbon technology development with Kanazawa University in Japan and Thai Composites Association(TCA) in Thailand.


ichong@yna.co.kr

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Source Text

** This article was translated from Korean.

Source: Yonhap News (March 13, 2019)