Lotte Chairman Shin Dong-bin Meets KAIST President... Collaboration in Progress?

[Asia Economy Reporter Yuri Kim] Shin Dong-bin, Chairman of Lotte Group, visited the Korea Advanced Institute of Science and Technology (KAIST) and met with President Lee Kwang-hyung.

According to industry sources on the 16th, Professor Bae Sang-min of KAIST's Department of Industrial Design, who is also the head (president) of Lotte Design Management Center, posted a photo of Chairman Shin and President Lee meeting on his Instagram the day before.

President Bae wrote, "The two bosses I respect the most and find the most intimidating? have gathered in one place. I look forward to a great collaboration between Lotte and KAIST." He also added, "What will happen when Lotte's passion meets KAIST's innovation? Please look forward to it." In the photo, Chairman Shin is seen reviewing the book 'KAIST Future Strategy 2022' together with President Lee.

Last year, Lotte established the Design Management Center to enhance group design and service innovation as well as creative organizational culture, and recruited President Bae. Industry insiders expect that Lotte may engage in various forms of collaboration with KAIST in the future.

A Lotte official said, "We visited upon invitation from KAIST," adding, "We exchanged greetings with the president and toured the campus."

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