Expanding cooperation in future industries such as AI and semiconductors with Gyeongbuk Province, Utah State, and the University of Utah

(Andong = Yonhap News) Reporter Gwansik Yoon = Gyeongbuk Province announced on the 5th that it will expand cooperation in future industries such as artificial intelligence (AI) and semiconductors with the U.S. government of Utah and the University of Utah.

On the 21st (local time), the province signed an economic cooperation agreement with the Utah state government at the Utah State Capitol, and signed an agreement with the University of Utah for the global expansion of start-ups and innovative companies, technology commercialization, joint research, and industry-academic cooperation.

Gyeongbuk Province connects Utah's industrial and investment ecosystem with the province's manufacturing and industrial base to support companies entering the U.S. market and establishing local networks.

We will expand technological and industrial cooperation in future industries such as AI, semiconductors, and high-tech industries, and expand opportunities for exchange and investment cooperation between companies.

The University of Utah uses its research and industrial network and startup support infrastructure to connect companies in the province with local companies, investment agencies, and startup support organizations in the United States. Company matching, joint project discovery, and technology commercialization and investment linkage are also carried out.

We will also build the 'Gyeongbuk-Utah Global Open Innovation Hub', which connects Gyeongbuk companies with Utah's universities, research institutes, and companies.

The province plans to develop cooperation with the Utah government and the University of Utah into a global cooperation system that leads to 'state government-university-companies', discover agreement implementation tasks centered on the working-level council, and promote follow-up projects by expanding exchanges between companies, universities, and research institutes.

Yang Geum-hee, Deputy Governor of Gyeongbuk Province for Economic Affairs, said, “We will expand cooperation in future industries, including AI and semiconductors, and create a practical support system so that Gyeongbuk companies can advance into the global market.”