Gwangyang Economic Authority Promotes Gwangyang Bay Area at International Optical Convergence Expo

Published 22 Jun.2022 14:23(KST)

Advanced Industry Expo Utilizing the Properties of Light, Featuring Over 160 Domestic and International Companies

Gwangyang Economic Authority Promotes Gwangyang Bay Area at International Optical Convergence Expo

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] The Gwangyang Bay Area Free Economic Zone Authority (Commissioner Song Sang-rak, hereinafter Gwangyang Economic Authority) announced that it participated in the ‘2022 International Optical Convergence O2O (Online to Offline) Expo’ held at Ilsan KINTEX Exhibition Center on June 22, along with the accompanying event ‘2022 Optical Convergence Industry Forum,’ to promote the investment environment of the Gwangyang Bay Area Free Economic Zone.

The optical convergence industry refers to a convergence industry that controls and utilizes the properties of light such as energy, wave nature, and particle nature through optical technology combined with other fields. It is expanding into various advanced new industry sectors such as LED, OLED, displays, optical sensors, laser optical communication, and automotive components.

The International Optical Convergence O2O Expo, celebrating its 20th anniversary this year, was held in an Online to Offline format to respond to COVID-19. More than 160 domestic and international companies in the optical convergence industry, including Samsung Electronics, Kumho Electric, and Seoul Semiconductor, participated both onsite and via online platforms, creating opportunities to promote the development of high-power lasers, micro LEDs, LiDAR technology (autonomous driving technology), and to explore domestic and international markets.

At the [2022 Optical Convergence Industry Forum], held under the theme ‘The First Year of Establishing an Optical Convergence Innovation Industry Ecosystem,’ the Gwangyang Economic Authority introduced the industrial infrastructure, residential conditions, investment environment, incentives, and cooperating organizations for corporate support in the Gwangyang Bay Area. After the forum, one-on-one consultations were conducted with participating companies.

A representative of the Gwangyang Economic Authority stated, “By participating in this expo, we were able to provide excellent investment environment information of the Gwangyang Bay Area to optical convergence material and component companies, and we will continue to strive to attract companies in promising future industries to our region.”