'1-Second Response Radiation Detector' Developed ... JS Techwin Designated as Advanced Technology Company

CEO Seo Jun-seok of JS Techwin (right in the photo) is holding up the certificate of designation as an advanced technology company.

[Asia Economy Yeongnam Reporting Headquarters Reporter Koo Dae-sun] JS Techwin, a resident company within the Daegu Research and Development Special Zone Medical R&D District, has been designated as an 'Advanced Technology Company,' the Daegu Research and Development Special Zone Headquarters of the Research and Development Special Zone Promotion Foundation announced on the 24th.

JS Techwin, designated as an advanced technology company, is a company that developed a portable radiation detector that responds within one second.

JS Techwin has developed various technologies and products, including a small gamma-ray detector for diagnosing cancer occurrence and a medium-sized system, securing competitiveness in domestic and international markets.

With JS Techwin's designation as an advanced technology company, it will receive tax benefits such as 100% corporate tax reduction for 3 years, 50% reduction for the following 2 years, acquisition tax exemption, property tax exemption up to 100% for 7 years, and 50% reduction for the subsequent 3 years, as well as additional points when participating in special zone development projects.

The advanced technology company designation system is a government-led initiative under the 'Special Act on the Promotion of Research and Development Special Zones' that designates companies with certain production capacity and R&D capabilities in advanced technology fields to provide tax benefits and foster their growth.

The requirements for designation as an advanced technology company include holding domestic or international patents, residing within the R&D special zone, producing and selling advanced technology and products as announced under the Industrial Development Act, with at least 30% of sales revenue generated from advanced technology and an R&D expenditure ratio of 3-5% or more depending on sales scale.

Jang Cheol-min, head of the Daegu Special Zone Headquarters, said, “We will strive to contribute to securing corporate competitiveness and mutual development through continuous networking and various follow-up support among companies designated as advanced technology companies.”

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