UNIST and LG Electronics Inc. have signed a new agreement for industry-academic cooperation, further strengthening their collaboration in joint research and human resource development. This follows their previous industry-academic cooperation agreement signed in 2020.
The new agreement includes the establishment of an Industry-Academic Cooperation Center that will serve as a control tower overseeing jointly operated research and development programs, as well as talent training initiatives. The center aims to integrate UNIST’s academic and research infrastructure with LG Electronics’ support to discover challenging R&D projects.
The meeting discussed promoting education for LG Electronics H&A business headquarters employees and expanding employment programs for UNIST students at LG Electronics, including the selection of LG Track industry-academic scholarships.
UNIST and LG Electronics have collaborated on joint industry-academic research projects and technology exchange in AI, power electronics, and other areas through their 2020 agreement under the Industry-Academic Cooperation Steering Committee. Additionally, UNIST students benefit from LG Electronics’ industry-academic scholarship program every year.
“We hope that this new agreement will be a turning point towards developing a more meaningful mutual cooperation model based on successful cooperative projects with LG Electronics,” noted President Yong Hoon Lee of UNIST.
Jae-chul Ryu, head of LG Electronics’ H&A business division, stated that this agreement will strengthen two-way industry-academic cooperation between LG Electronics and UNIST. He further added that they are committed to expanding mutual exchanges in various fields and working together to achieve growth.