Korea Advanced Materials and UNIST Begin Joint Development of Next-Generation Optical Semiconductor LiDAR Chips

Korea Advanced Materials (CEO Cho Heonjeong) announced on September 26 that it has been finally selected for the 'Materials and Components Technology Development Project' organized by the Korea Evaluation Institute of Industrial Technology (KEIT), in collaboration with Ulsan National Institute of Science and Technology (UNIST), and has officially begun joint development of next-generation LiDAR optical semiconductor chips.

To this end, the two parties signed a memorandum of understanding (MOU) on September 25. The signing ceremony was attended by Professor Jeong Ilseok and Department Chair Kim Jinguk from the Department of Electrical and Electronic Engineering at UNIST, as well as Director of Research Moon Hyeongmyeong from Korea Advanced Materials.

Through this agreement, Korea Advanced Materials and UNIST plan to promote research and development in the advanced optical semiconductor field and strengthen university-industry cooperation.

Korea Advanced Materials will be responsible for developing phase monitoring chips, while UNIST will focus on developing LiDAR optical engine chips. Upon completion of the project, both parties plan to jointly pursue commercialization.

This joint development is expected to lay the foundation for accelerating the commercialization of LiDAR technology and expanding into the global market, which is anticipated to have a positive impact on the company's growth and profitability in the mid- to long-term.

A representative from Korea Advanced Materials stated, "With this agreement, we will further strengthen university-industry cooperation in next-generation LiDAR optical semiconductor technology, and accelerate market entry through the early commercialization of research outcomes. We aim to enhance our global competitiveness through practical application and increased sales."

A representative from the Department of Electrical and Electronic Engineering at UNIST commented, "This agreement will serve as a turning point for advancing next-generation LiDAR and optical semiconductor research technology. We will do our utmost to nurture talent with global competitiveness in the core LiDAR technology and optical semiconductor markets through collaboration with Korea Advanced Materials."

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