UNIST Department of Materials Science and Engineering has entered into a strategic partnership with Hyundai Steel Co., Ltd., formalized through the signing of a comprehensive Memorandum of Understanding (MOU) on May 8, 2025. This collaboration aims to enhance mutual technological capabilities through joint research initiatives and talent development in the field of magnetic materials, with a particular focus on electrical steel.
This partnership marks a significant step toward joint development of advanced magnetic material technologies and the expansion of personnel exchange programs. The two institutions plan to implement various collaborative efforts, including joint research projects on electrical steel, seminars led by UNIST for Hyundai Steel employees, and job briefing sessions organized by Hyundai Steel. Furthermore, both parties have committed to maintaining flexibility in establishing additional research collaborations as needed.
Dean Hyung-Joon Shin of the Department of Materials Science and Engineering at UNIST expressed his enthusiasm, stating, “This partnership provides a vital platform to address practical industrial challenges while advancing cutting-edge material technologies. Electrical steel, an essential magnetic material, plays a crucial role in secondary batteries, electric vehicle motors, and electronic devices. The synergy from this collaboration is expected to yield substantial benefits.”
Hyundai Steel Co., Ltd. highlighted that this collaboration will strengthen its ties with academia, fostering technological innovation and securing a competitive edge in next-generation materials. A company representative stated, “Close cooperation between industry and academia is the most effective strategy to prepare for the future.”
This partnership is anticipated to serve as a model for sustainable industry-academic collaboration in the field of electrical steel magnetic materials, paving the way for ongoing innovation, research, and development.
