LG Chem Hosts Global Innovation Contest 2018 (GIC 2018) "Finding Innovations to Change the World"
LG Chem (KRX: 051910) is exploring innovative technologies that will change the world.
LG Chem announced that it would hold a Global Innovation Contest (GIC) for leading universities and research institutions around the world.
This is the first time that a Korean chemical company is conducting technology contests for the entire world.
From June 18th to September 30th , 2018, LG Chem will accept innovative technology ideas in five promising business areas: Energy, Environment, Functional materials, Bio technology and Platform technology.
Global scholars and researchers who are interested in developing the next generation’s innovative technology and industry-academia collaboration research are welcomed to participate and submit the technical proposal through the official website (www.rnd.lgchem.com/global/gic ).
LG Chem will select internal experts and selection committees to evaluate the proposals considering technology innovation, marketability, and price competitiveness. Selected assignments will be notified individually to applicants in December.
LG Chem plans to provide research and development expenses of up to $150,000 to universities and research institutes that are selected as final projects, and to provide opportunities for manpower and technology exchange through dispatching researchers for at least one year.
In addition, LG Chem will hold regular technical seminars and conferences for the winners of the Global Innovation Contest to establish and maintain a network to attract the talented in R&D.
President Jin-Nyoung Yoo, CTO said that "the Global Innovation Contest has great significance for us to develop innovation technology at the research and development stage into mass production technology through collaboration between companies and academia."
"We will continue to pursue open innovation, and we will link it with the start-up of technology-based public offerings," he added.
Meanwhile, LG Chem plans to implement the largest R&D expenditure of 1.1 trillion KRW this year and to increase its investment by more than 10% each year. R&D manpower is also expected to increase from 5,500 in 2018 to 6,300 by 2020.
Sunghan Jung, + 82-42-870-6926
Open Innovation team
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
RESMED18.9.2018 15:07 | pressemeddelelse
175 Million Europeans Have Sleep Apnoea, Highlighting Scale of Global Health Crisis
NV-RIMINI-STREET,-INC.18.9.2018 15:02 | pressemeddelelse
Veteran Gartner Analyst Pat Phelan Joins Rimini Street as VP of Market Research
IL-GE-TRANSPORTATION18.9.2018 15:02 | pressemeddelelse
GE Transportation and TÜLOMSAŞ Secure First Locomotive Order by Turkish Private Operator Korfez Ulastirma, the Logistics Affiliate of Tüpraş
MA-LOOMIS-SAYLES18.9.2018 15:02 | pressemeddelelse
Loomis Sayles Announces Senior Loan Portfolio Manager Retirement
GA-AGCO18.9.2018 15:02 | pressemeddelelse
AGCO Launches AGCO Agriculture Foundation
SIA18.9.2018 15:02 | pressemeddelelse
SIA Has Provided the New Real-Time Gross Settlement System in Denmark
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum