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AST Holdings Makes a Donation to KAIST

Writer : PR Office Date : 2018-07-02 Hit : 384 Email : kaistpr@kaist.ac.kr

KAIST President Sung-Chul Shin and the CEO of AST Holdings, Haegyoo Seo
(KAIST President Sung-Chul Shin and the CEO of AST Holdings, Haegyoo Seo)

KAIST President Sung-Chul Shin and the CEO of AST Holdings, Haegyoo Seo, agreed to a partnership on June 27 at the main campus of KAIST.

AST Holdings donated one hundred million KRW to the school for fostering experts in the field of augmented reality (AR). The fund will also go to joint research on AR technologies required smart cities.

AST Holdings, established in 1997, specializes in developing VR/AR contents. It has collaborated with Samsung Electronics and KIA Motors to produce various digital contents and develop solutions using VR/AR. 

Research and development carried out by the Augmented Reality Research Center (ARRC) of KAIST aims to foster talented manpower and has accumulated crucial components of technology for contributing to research dissemination.

In particular, the ARRC established an industrial, academic, and research partnership that has suggested a new standard for industrial-academic joint research. Under this agreement, an industry assigns its staff to the research center to obtain new technical capabilities while the center strengthens the technological application of a study based on the industrial needs. 

Through the partnership funds, the center can provide a stable research environment for young researchers and recruit talented manpower from around the world. The center has the potential to become a new model of industrial-academic research platforms that will take a leading role in the field of VR/AR.

CEO Seo said, “I would like to take the lead in research on VR/AR-based futuristic city platforms through this partnership with KAIST ARRC and the industrial-academic research program. I hope that this partnership between our company and KAIST will create synergy and secure crucial research, manpower, and basic technology according to our company’s needs. 

President Shin added, “KAIST will pursue creating an exemplary case of industrial-academic cooperation with outstanding national and international manpower.” 

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