Gyeonggi Province Connects Samsung Electronics Suppliers with Russian Innovative Technologies. Building a Platform for Cooperation and Mutual Growth

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province held an event to introduce promising technologies from Russian companies capable of technological collaboration, targeting small and medium-sized enterprises (SMEs) and mid-sized companies including Samsung Electronics suppliers.

The province jointly hosted a Biz Technology Briefing with Samsung Electronics and the Technology Credit Guarantee Fund on the 25th at the Samsung Electronics Win-Win Cooperation Academy Education Center in Suwon.
The briefing was conducted in a non-face-to-face format to prevent the spread of COVID-19, and 175 people, including executives and researchers from 69 companies exploring new technology development and business opportunities, participated.

The briefing featured video presentations across three sessions: ▲promising technologies held by small and medium venture companies ▲latest superior technologies from universities and research institutions ▲innovative company technologies in Russian materials, parts, and equipment sectors. Through these sessions, commercialization-linked technologies from 8 promising small and medium venture companies recommended by the Technology Credit Guarantee Fund and from 4 universities and research institutions were introduced, along with innovative technologies in materials, parts, and equipment sectors from 6 Russian companies recommended by Gyeonggi Province.

Previously, the province conducted a commissioned survey to discover and investigate excellent Russian materials, parts, and equipment companies, with the goal of producing innovative products and jointly entering the global market through technological cooperation between Russian companies possessing core technologies and companies within the province.

Accordingly, a demand survey was conducted among Samsung Electronics suppliers regarding the 50 Russian technologies discovered, and it was confirmed that 18 companies expressed interest in 23 technologies, demonstrating active willingness to cooperate.

At this technology briefing, presentations of 6 technologies that generated the highest level of interest were held, including intelligent robots, drone/robot hydrogen fuel cell technology, and others.

In addition to introducing promising domestic and international companies and technologies, the briefing provided guidance on support programs for technology companies, including Gyeonggi Province's "Russian Innovative Technology Commercialization Support Project," the Ministry of SMEs and Startups' "Industry-Academia-Research Collaboration (Collabo) Research and Development (R&D;) Project," and Samsung Electronics' "Free Patent Transfer Program."

The briefing also included an online technology consultation session, where customized technology consultations between speakers and participants were conducted to link to practical technological cooperation and commercialization.

A Gyeonggi Province official stated, "Companies urgently need to secure technological innovation and new growth engines as a measure to overcome the crisis caused by COVID-19," and added, "We will spare no effort in support so that when Russia's excellent core technologies are combined with the commercialization capabilities of Samsung Electronics suppliers, companies from both countries can achieve mutual growth."