Gwangju City - Gwangju TP - Global K Co., Ltd. and CNS Company Co., Ltd. Sign Business Agreement

Mayor Lee Yong-seop: "Actively Supporting Growth into a Unicorn Company"

On the morning of the 21st, Lee Yong-seop, Mayor of Gwangju Metropolitan City, signed a business agreement at the city hall business room with Gwangju Technopark, AI specialist companies Global K Co., Ltd., and CNS Company Co., Ltd. to establish a Gwangju-type AI business foundation. From left to right in the photo are Kim Young-eun, CEO of Global K Co., Ltd., Kim Sun-min, Director of Gwangju Technopark, Lee Yong-seop, Mayor of Gwangju Metropolitan City, and Kwon Man-sung, CEO of CNS Company Co., Ltd. Photo by Gwangju Metropolitan City.

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City, Gwangju Technopark, AI specialist companies Global K Co., Ltd., and CNS Company Co., Ltd. are joining forces to create an AI industry ecosystem in Gwangju.

On the 21st, Gwangju City signed a “Business Agreement for Establishing an AI Business Foundation” at the City Hall Business Room, attended by Mayor Lee Yong-seop, Gwangju Technopark Director Kim Seon-min, Global K CEO Kim Young-eun, and CNS Company CEO Kwon Man-seong.

This agreement marks the 88th to 89th business agreements aimed at establishing a Gwangju-type AI business foundation, which Gwangju City has actively promoted as a future strategic industry.

Through this agreement, Global K Co., Ltd. and CNS Company Co., Ltd. will actively cooperate in creating the Gwangju AI ecosystem by establishing local corporations and factories in Gwangju.

The main contents of the agreement include ▲development of solutions and technical and policy consulting for AI-related ecosystem creation ▲promotion of establishing Gwangju corporations or factories for nurturing AI specialists and creating jobs ▲pioneering overseas export channels, linking and supporting local companies’ technologies and convergence ▲development, operation, and promotion of various corporate support programs for AI industry ecosystem creation ▲planning and promoting education and employment programs for AI specialists.

Global K Co., Ltd., a specialized company operating an online shopping platform in Southeast Asia, plans to implement ▲KMALL & Gwangju Promotion Center (a Gwangju-type comprehensive shopping platform introducing and selling local products through overseas local networks) ▲creation of a Gwangju-type cosmetics brand ▲virtual currency and remittance service platform using K-Point through this agreement.

CNS Company Co., Ltd., an innovative company operating about 20 optical stores in the Philippines, recently moved into Gwangju I-PLEX and is developing and producing 8-gram ultra-lightweight goggles for medical sites in response to COVID-19.

Going forward, they plan to launch AI-equipped multi-purpose goggles such as ▲AI smart goggles with thermal facial recognition ▲mass production of disposable multi-purpose goggles (UV + near-infrared + blue light) ▲ultra-lightweight anti-fog zero goggles using solar cells and motor fans.

Additionally, through this business agreement, Global K will develop an AI-based demand forecasting service platform using big data, and CNS Company will actively cooperate with Gwangju City in each field for “establishing an AI business foundation,” including AI-applied multi-purpose security glasses technology development.

Gwangju Technopark will mutually cooperate to create new local jobs and expand exports of local products to the Southeast Asian market and pioneer overseas sales channels.

The two company CEOs stated, “Through this agreement, we will actively cooperate to integrate our proprietary platforms with AI local company technologies so that Gwangju can become the AI hub of South Korea,” and “We will do our best to contribute to regional economic development by providing overseas export opportunities such as opening a Gwangju Promotion Center for locally produced products.”

Kim Seon-min, Director of Gwangju Technopark, said, “We will actively support technology linkage and convergence between attracted companies and Gwangju AI companies to create a successful model of mutual growth,” and “We will actively cooperate with the attracted companies to pioneer overseas sales channels for our region’s excellent products.”

Mayor Lee Yong-seop said, “Gwangju is taking the lead in AI more than any other region, supporting South Korea as one of the four major AI powers,” and “We will spare no effort to provide all possible support so that Global K Co., Ltd. and CNS Company Co., Ltd. can continuously grow and develop beyond the death valley in Gwangju into scale-ups with global competitiveness and unicorn companies.”

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