Gwangju City Signs AI Business Agreement with Seongdo Co., Ltd. and Pine Tree System Co., Ltd.

Mayor Lee Yong-seop: "We Will Strengthen Capabilities to Create Jobs, Including Support for the AI Ecosystem"

On the morning of the 4th, Lee Yong-seop, Mayor of Gwangju Metropolitan City, took a commemorative photo after signing a business agreement with AI-attracting companies Seongdo Co., Ltd. and Pine Tree System Co., Ltd. in the city hall business room to establish a Gwangju-type AI business foundation. From left: Lee Hyung-joo, Vice President of Seongdo Co., Ltd., Lee Yong-seop, Mayor of Gwangju Metropolitan City, Choi Chun-gi, CEO of Pine Tree System Co., Ltd. Photo by Gwangju Metropolitan City.

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 4th that it has signed the 48th and 49th business agreements with AI-attracting companies Seongdo Co., Ltd. and Pine Tree System Co., Ltd. to establish a Gwangju-type AI business foundation, and will actively cooperate in creating the Gwangju AI ecosystem through the establishment of corporate entities and regional offices for each company.

Seongdo Co., Ltd. is a specialized company in inspection equipment software and industrial safety protective gear manufacturing. It has selected a carbon steel plate AI surface inspection device and a conveyor failure prediction system, which combine AI and big data, as its next items and plans to promote new businesses in Gwangju, led by its research institute.

Pine Tree System Co., Ltd. is a company providing information security solutions and AI-based medical services. It plans to commercialize a real-time sedation endoscopy medical sharing system that provides guidance on the temporal changes inside the pancreas by big data processing of endoscopic procedure contents and applying AI elemental technologies.

Through the business agreement, Seongdo Co., Ltd. and Pine Tree System Co., Ltd. plan to establish Gwangju corporations and regional offices early to actively cooperate in nurturing talent in the industrial safety and healthcare fields and creating new jobs in the Gwangju area.

The main agreement contents include ▲ development of solutions and technical and policy consulting for creating an AI-related ecosystem ▲ promotion of establishing Gwangju corporations and regional offices (research institutes) for nurturing AI talent and creating jobs ▲ development, operation, and promotion of various corporate support programs for building the AI industry ecosystem ▲ planning and promoting education and employment programs for AI field professionals.

Song Bong-ju, CEO of Seongdo Co., Ltd., said, “We have been recognized for our sincerity in safety protection by POSCO and Hyundai Steel for a long time,” and added, “We will actively cooperate in job creation and regional economic growth in Gwangju through the early establishment of the research institute.”

Choi Chun-gi, CEO of Pine Tree System Co., Ltd., said, “I am very pleased to participate in building the healthcare ecosystem amid continuous growth in the AI field,” and stated, “We will do our best to foster the AI industry through establishing a regional corporation and recruiting talent.”

Mayor Lee Yong-seop said, “We will spare no support to build an AI ecosystem so that various AI specialized companies can start up and realize their dreams in Gwangju, the AI-centered city,” and added, “We will strengthen all capabilities to lead the response to changes in job structures in the 4th Industrial Revolution era and create many new jobs.”

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