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BackIksan City, drawing the future of a specialized complex for semiconductor materials... Town hall meeting held
Iksan City, drawing the future of a specialized complex for semiconductor materials... Town hall meeting held
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연합뉴스20 minutes agoBusiness3 min readSouth KoreaView original

Iksan City, drawing the future of a specialized complex for semiconductor materials... Town hall meeting held

Mayor announces KTX Iksan Station core city plan based on logistics environment

Quick Look

  • Iksan City, Jeollabuk-do, held a town hall meeting at the Iksan Public Video Media Center in Sindong on the 11th with the theme of ‘Semiconductor Materials and Materials Specialty Complex and the Future of Iksan’.
  • Iksan Mayor Choi Jeong-ho announced that he would develop Iksan into a key city for the semiconductor industry in Korea based on the logistics environment of KTX Iksan Station.
  • The city prepared the physical AI-based mobile robot industry as a new growth field and announced policies to expand the 3rd general industrial complex, supply power and industrial water, and support youth jobs and housing.

AI-generated summary

Why It Matters

Iksan City, Jeollabuk-do, has been designated as a specialized complex for semiconductor materials and equipment receiving support from the government. In the Iksan region, about 60 related companies, including Dongwoo Fine-Chem, Lotte Energy Materials, and Miwon Trading, already form an industrial ecosystem.

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Iksan City, Jeollabuk-do, held a town hall meeting at the Iksan Public Video Media Center in Sindong on the 11th with the theme of ‘Semiconductor manufacturing (materials, components, equipment) specialized complex and the future of Iksan.’

About 60 people attended this town hall meeting, including Iksan Mayor Choi Jeong-ho, city officials, executives and employees of local semiconductor manufacturing companies, students and faculty at local universities and high schools, and general citizens.

Recently, Iksan was designated as a ‘semiconductor specialized complex’ supported by the government.

The Iksan region already has a strong industrial ecosystem with about 60 related companies, including Dongwoo Fine-Chem, Lotte Energy Materials, and Miwon Trading Company.

At a town hall meeting on this day, Mayor Choi announced his plan to develop Iksan into a core city for Korea's semiconductor-related industry based on the excellent logistics environment centered on Iksan Station of the high-speed rail (KTX).

A new blueprint for future growth engines was also presented. In addition to semiconductors, the city is preparing the 'physical AI'-based mobile robot industry, which uses artificial intelligence (AI) to understand situations in real space and move on its own, as a new growth field.

To this end, we plan to verify autonomous flying robot technology and actively attract related cutting-edge companies.

They also shared the meticulous preparation of infrastructure to attract corporate investment.

The city plans to expand the 3rd general industrial complex to meet the increasing demand for companies to move in, and to supply customized industrial space on time by utilizing empty sites.

We plan to flexibly lift industry restrictions so that there are no obstacles to the entry of high-tech companies, and to stably provide essential facilities such as electricity and industrial water in cooperation with Korea Electric Power Corporation and others.

Specific support measures for the most important topic, ‘improving youth employment and living environments,’ were also discussed in depth.

The city proposed policies to greatly reduce the burden of housing, such as supporting the operation of commuter buses in industrial complexes and supporting rental costs for dormitories for small and medium-sized enterprises, so that young people can settle down in Iksan without leaving for other regions.

Mayor Choi said, "The semiconductor specialized complex cannot be completed through the city's efforts alone. It can only be successful when the close cooperation and wisdom of citizens, companies, and schools come together. Using the precious opinions of citizens as a foundation, we will definitely complete Iksan, a high-tech industrial city full of good jobs and where young people stay."

What to Watch

AI outlook — possibilities, not facts

  • Iksan City will meet the demand for corporate occupancy through the expansion of the 3rd general industrial complex.

    Likely · Within months

  • In cooperation with Korea Electric Power Corporation and others, essential facilities such as electricity and industrial water will be provided stably.

    Likely · Within months

Open Questions

  • What is the specific schedule and budget size for the expansion of the 3rd General Industrial Complex?
  • What are the detailed support amounts and target criteria for the youth housing support policy?
  • What is the specific roadmap for fostering the physical AI-based mobile robot industry?

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This article was originally published by 연합뉴스.

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