Coherent Partners With ETRI and KAIST to Focus on Advanced Semiconductor Devices for the Korean Market
December 08 2022 - 6:00AM
Coherent Corp. (Nasdaq: COHR), a global leader in materials,
networking, and lasers, today announced that it has signed a
memorandum of understanding with two Korean institutions, the
Electronics and Telecommunications Research Institute (ETRI) and
the Korea Advanced Institute of Science & Technology (KAIST),
to foster collaboration on advanced electronic and photonic
devices, with a focus on the Korean market.
The MoU was signed in conjunction with the Korea-US Industrial
Cooperation Forum, which provides a mutual collaboration platform
for both countries with the support of the U.S. Department of
Commerce; Korea’s Ministry of Trade, Industry, and Energy (MOTIE);
and the Korea Institute for Advanced Technology (KIAT).
Korea is at the forefront of new technologies that are
transforming industries such as communications, automotive, and
consumer electronics. Coherent technology platforms are ideally
suited to enable a broad range of existing and emerging
applications in these rapidly growing markets.
“Korea continues to be a strategic market for Coherent, and we
really look forward to expanding our relationship with such
well-respected partners as ETRI and KAIST,” said Dr. Julie Sheridan
Eng, Chief Technology Officer, Coherent Corp. “We will begin by
reviewing our respective technology roadmaps and identifying areas
of synergistic interest where we can advance the state of the art
and accelerate technology development in Korea.”
The partnership announced today will cover a broad range of
innovations in devices, leveraging silicon carbide, gallium
arsenide, and indium phosphide technology platforms. The
collaboration will address applications in power electronics for
electric vehicles, industrial applications, and optical and
wireless networks.
About ETRI
Established in 1976, ETRI is the largest government
research institute in Korea. ETRI has been at the forefront of
technological excellence in key information and communications
technologies, including wide-bandgap technologies for microwave,
power switching, sensor, and emerging photonic devices. As of 2022,
the number of ETRI employees is reported around 2,500, of which
about 89% are researchers.
About KAIST
The Global Commercialization Center of the Korea
Advanced Institute of Science and Technology (KAIST GCC) was
established in 2015 to promote technology commercialization between
Korea and foreign countries. KAIST GCC is engaged in helping
high-tech companies enter overseas markets to build up their
business.
About Coherent
Coherent empowers market innovators to define the future through
breakthrough technologies, from materials to systems. We deliver
innovations that resonate with our customers in diversified
applications for the industrial, communications, electronics, and
instrumentation markets. Headquartered in Saxonburg, Pennsylvania,
Coherent has research and development, manufacturing, sales,
service, and distribution facilities worldwide. For more
information, please visit us at www.coherent.com.
Contact
Mark LourieVice President, Corporate
Communicationscorporate.communications@coherent.com
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