Kim Jae-cheol, Honorary Chairman of Dongwon Group, Awarded Honorary Doctorate in Engineering by Hanyang University

Contributions to the Development of South Korea's AI Industry and the Cultivation of Technical Talent

Kim Jae-cheol, Honorary Chairman of Dongwon Group, will receive an honorary Doctor of Engineering degree from Hanyang University on the 19th in recognition of his contributions to the development of South Korea's artificial intelligence (AI) industry and the cultivation of technical talent.

Kim Jae-cheol, Honorary Chairman of Dongwon Group [Photo by Dongwon Group]

The degree conferral ceremony will be attended by Honorary Chairman Kim, Vice Chairman Park In-gu, and other Dongwon Group officials, as well as Kim Jong-ryang, Chairman of the Hanyang School Foundation, Lee Ki-jung, President of Hanyang University, along with faculty members and students.

Since retiring in 2019, Honorary Chairman Kim has been engaged in various activities to promote the development of the domestic AI industry and talent cultivation. In 2020, he donated 50 billion KRW of his personal funds to the Korea Advanced Institute of Science and Technology (KAIST) to foster AI industry talent, and in 2019, Dongwon Industrial, an affiliate of Dongwon Group, donated 3 billion KRW to Hanyang University to establish the 'Hanyang AI Solution Center.'

Honorary Chairman Kim said, "I am proud to receive an honorary Doctor of Engineering degree from Hanyang University, which has played a pivotal role as a cradle of growth engines for South Korea by nurturing many industrial talents and leaders. I hope that Hanyang University's research and development will serve as a strong foundation for strengthening South Korea's AI competitiveness, and that it will take a leading role in the advancement of AI technology."

President Lee said, "Honorary Chairman Kim is an entrepreneur who, based on relentless challenges and pioneering spirit, has grown Dongwon Group into a sixth industry company encompassing the primary, secondary, and tertiary industries. In recognition of his contributions to national economic and industrial development through investment in scientific research and AI technology talent cultivation, we confer upon him the honorary Doctor of Engineering degree."

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