Infoworks Plans to Establish Research Center and Production Plant in Gwangju

On the 24th, Gwangju City and Hwaseong Signed a Virtual Business Agreement... Providing Advisory on Future Autonomous Vehicle Policies and Technologies

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] ‘Infoworks,’ a company developing and supplying intelligent mobility sensors and solutions, is planning to establish a research center and production plant in Gwangju.

Gwangju Metropolitan City and Infoworks announced on the 24th that they signed a business agreement via video conference to cooperate in creating an AI business ecosystem in Gwangju, including the establishment of a research center and production plant.

In line with the government’s ‘social distancing’ measures, Gwangju City conducted the video agreement ceremony with Infoworks’ understanding and consent.

Infoworks is a company that develops and supplies intelligent mobility sensors and solutions. In January this year, it attracted industry attention by launching ‘REX Basic,’ the nation’s first artificial neural network (NPU)-based AI edge computer development board. The company is recognized for possessing capabilities in both AI hardware and software platform development.

This business agreement includes Gwangju City’s commitment to develop and operate various corporate support policies, and Infoworks’ active cooperation in fostering Gwangju’s AI-based industrial ecosystem through the establishment of a research center.

The main contents of the agreement are ▲providing policy and technical advisory services to build an AI-based future autonomous vehicle industry ecosystem in Gwangju ▲promoting the relocation and establishment of the research center and production plant to Gwangju ▲implementing corporate support policies for fostering the future automotive industry ecosystem ▲planning and promoting education and employment programs for specialized personnel in AI and future automotive industries.

Park Hyun-joo, CEO of Infoworks, said, “We were attracted by Gwangju City’s active promotion of the AI cluster project, which led us to decide on this agreement including the opening of a research center. We hope to maximize the synergy between Infoworks’ technological capabilities and the AI infrastructure that Gwangju will build for a win-win outcome.”

Mayor Lee Yong-seop responded, “Infoworks, which holds mobility sensor technology and solution know-how as a key player in the AI business, will be a great asset to Gwangju as it prepares for the era of future autonomous vehicles. We will build world-class AI infrastructure to provide the optimal business environment for companies visiting Gwangju.”

Meanwhile, Infoworks is a technology-innovative company capable of integrated hardware and software orders, possessing design, manufacturing, and supply capabilities for vision sensor systems used in autonomous driving for automobiles and robots.

It is also known as a promising company in the related industry, developing and launching products such as LiDAR, AI edge computing modules, vision sensor modules, and wearable smart helmets.

This content was produced with the assistance of AI translation services.