[PANGYO ISSUE] Pangyo Technovalley Weekly News, News from the second week of June

NHN collaborates with SKT to stimulate AI semiconductor with support from MSIT

NHN has signed a business agreement for mutual cooperation between the provider and client of AI semiconductors for servers.

This agreement focused on stimulating the Korean AI semiconductor industry.

The signing ceremony was held at the NHN headquarters, and attended by the Ministry of Science and ICT, NHN, SKT, Artificial Intelligence Industry Cluster Agency, ETRI, Furiosa AI, Rebellions, KT, Naver Cloud, Douzone Bizon, and Kakao Enterprise.

Participating companies will have priority in receiving review for the demonstration and application of Korean semiconductors in the cloud data center, cooperation in the development of demand-customized semiconductors, and establishing a semiconductor test bed in the Gwangju AI cluster.

NHN will support the technical demonstration of the AI semiconductor SAPEON made by SK Telecom this year by building the NHN consortium together with SK Telecom and the Artificial Intelligence Industry Cluster Agency.

Kim Dong-hoon, Executive Director of NHN’s Cloud Business Group, said, “As Korea’s leading cloud and AI operator, NHN will continue to collaborate with various manufacturers in Korea so that the AI accelerators we make can become the second DRAM.”

AlphaBit mass-supplies LH unstructured data encryption solution

AlphaBit won the project for the LH WISE system for 2020 Outstanding Information Protection Solution selected by the Ministry of Science and ICT. Thanks to this, it will be mass-supplying Alpha SmartGuardV3.1 to the [Big Data Platform and Service Implementation] project.

Alpha SmartGuard, which was selected as the product with an Outstanding Information Protection Solution, enables safe and quick implementation to the work environment with the modules (API, filter, kernel hybrid) suitable for server environments that store various unstructured data (recorded files, voices, CCTV images, electronic documents, contracts). Also, personal information is protected without additional decryption by using encryption visualization, partial image encryption, and encryption key life cycle, making it easier for the staff to use.

The staff from LH said, “We have various modules suitable for the big data platform environment, and they can be applied to various files and system logs by connecting to the big data platform. Since we are able to provide outstanding performance and convenience, we were selected to provide the unstructured data encryption solution in this big data platform implementation project.”

Pangyo to ease regulations on outdoor advertising… Anticipating to become the 2nd COEX

Seongnam-si has recently designated Pangyo Technovalley as a special game and content zone, and it is attracting attention as it will greatly loosen regulations on outdoor advertising to the level of the free display zone at COEX.

So far, the central and local governments had feared that it could harm the city and street landscapes if there were no restrictions on outdoor advertisements. Because of this, many restrictions have been imposed on the size and installation location of outdoor advertisements. On the other hand, areas such as Times Square in New York and Piccadilly Circus in London have removed restrictions on outdoor advertising. As a result, outdoor advertising has become iconic in these cities, and enhancing their images as international tourist destinations.

Last month, Seongnam-si designated the 1st and 2nd Pangyo Technovalley and the 1.1 million square meters around Kins Tower as “Seongnam Pangyo Game and Content Special Zone.” By next year, the “Pangyo Content Street” will be created in the Pangyo Technovalley Square taking up about 750m from the Samhwan Hi-Pex (678-1 Sampyeong-dong) to the Nexon (628 Sampyeong-dong) building, and an “e-sports stadium” with a total of 450 seats will be built on the west side of this street (626 Sampyeong-dong) by the end of 2023.

Joo Gwang-ho, director of Asia Silicon Valley in Seongnam-si, explained, “Currently, there are many restrictions on the area and labeling when installing outdoor advertisements, but by designating this area a special zone, we can get around them.” Seongnam-si put in an order for service to find an action plan to actively install outdoor advertisements. The service will set up a basic plan for digital outdoor advertisements to ease regulations and revise Seongnam-si ordinances or Gyeonggi-do public notices for this purpose.

Dronebot and AI Partnership between Gyeonggi-do and South KoreaN Army

Gyeonggi-do and South Korea’s Army forged a partnership to promote dronebot and AI technology for innovation and growth of the province’s companies and development of science and technology for the Army.

Gyeonggi-do Governor Lee Jae-myung and General Nam Yeong-shin, Chief of Staff of Republic of Korea Army held the Business Agreement Ceremony on June 7th at the Gyeonggi Center for Creative Economy & Innovation in Pangyo, South Korea.

The Governor said “This agreement is a great opportunity which will significantly contribute to strengthening of the military’s security capacity and boost technological development of the private sector“.

Following the agreement, Gyeonggi-do will support the operation of the Army’s AI collaboration center in the Pangyo Startup Campus. Companies in the region will participate in the Army’s dronebot and AI projects and the Army will join Gyeonggi-do’s projects for establishing AI technology clusters and conducting a test for real-life AI applications.

Pangyo Technovalley is an innovation hub for global companies comparable to the Silicon Valley in the US, Zhongguancun in China, and STATION F in France. It is an Asia tech hub with 1,259 IT, BT, CT, and NT companies that possess innovative products and technologies. Located just south of the metropolitan area, it provides the best environment for Korean companies to do business with great transportation access and infrastructure.

Various high-tech companies are located in Pangyo Technovalley, and it is occupied by 64,000 full-time employees, many in their 20-30s. In terms of industry, the companies are engaged in information technology, contents technology, biotechnology, and nanotechnology.

With the support of innovative companies with global capabilities such as Kakao, Naver, AhnLab, Krafton, NCSoft, Nexon, and Hancom, companies in Pangyo Technovalley recorded 107 trillion won in sales last year. Investment and infrastructure growth in Pangyo is expected to continue, with the Metaverse hub entering Pangyo this year.

Source: Pangyo Techno Valley Official Newsroom 

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