Fraunhofer in Asia

South Korea

The Republic of Korea (South Korea) is the fourth largest Asian economy. The population density is twice as high as in Germany with 50.9 million inhabitants living on a national territory of about 100.000 km². In the last few years South Korea recorded an economic growth of 3% each year. Especially in the fields of information and communication technologies South Korean is highly developed and an equal competitor with industrial countries.

In July 2011 a free trade agreement between South Korea and the EU opened the markets and increased marketing opportunities for German export products. For South Korea Germany is one of the seven most important trading partners and the most important partner in Europe.

For those interested in future trends South Korea is a site to take a look at. On the Bloomberg ranking of 2015 South Korea is number one of the most innovative countries.

  • Most of these expenses go into information technology, nano technology, power and environmental technology as well as biotechnology.

  • 65% of the economic forces of the country depend on the success of the powerful business conglomerates Samsung, Hyundai Motors and LG.

  • In the future according to funding initiatives the focus will be on small and medium sized enterprises with high innovative power. 

Fraunhofer Representative Office Korea

The Fraunhofer Representative Office (RO) Korea, located in Seoul, was established in 2007 as an official representative of Fraunhofer in South Korea. The RO supports the Fraunhofer Institutes in initiating projects with Korean institutions, partners and customers as a personal contact partner on-site. The representative office increases trust in Fraunhofer as a cooperation partner and underscores the appreciative partnership to South Korea. Currently there are five people employed at the RO.

Please find more information on http://www.fraunhofer.kr

 

Contact

Dr. Byeungkwan Park 
Fraunhofer Representative

Fraunhofer Representative Office Korea
Dr. Byeungkwan Park
Fraunhofer Representative
05510 Jamsil The-Sharp Starpark A-202,
10, Olympic-ro 35ga-gil, Songpa-gu, 
Seoul, Korea
Phone +82 2 3785-3026
Fax +82 2 6008-6246

 

Fraunhofer Project Center for Composites Research at the Ulsan National Institute of Science and Technology (FPC@UNIST)

In May 2016 the Fraunhofer Institute for Chemical Technology ICT established in cooperation with the Ulsan National Institute of Science and Technology (UNIST) a Fraunhofer Project Center for Composites Research in Ulsan, South Korea. The main focus of research at the Fraunhofer Project Center is fiber composites for lightweight construction in various markets and especially the automotive sector. The FPC@UNIST is located in the heart of Korea's largest industrial city Ulsan, where one of the world's largest automobile assembly plant and the world's largest shipyard is based.