A laboratory accommodating five cutting-edge 3D printers, a never-before-seen collection of Internet of Things (IoT) parts, and a financial technology (fintech) support center. Those futuristic terms and related devices that may be new to most people are being tested and developed at the Gyeonggi Center for Creative Economy & Innovation, a facility that mobile carrier KT opened March 30 along with the local government and other public organizations.
Under the creative economy agenda pushed by the Park Geun-hye administration, conglomerates and major enterprises have joined forces with the government to open a series of innovation centers; the KT center in this technology hub, often compared to Silicon Valley, is the eighth of 17 planned. Ten days after its official opening led by the Blue House and KT, tech reporters were invited for a tour last Friday and to talk to employees and heads of companies that have nestled into the space KT rented after seeing their potential.
For full article, see Joongang Daily.