Hyosung is seeking to find new business models based on innovative technologies with great scholars of the Massachusetts Institute of Technology (MIT).
MIT faculty and six global startups visited the Hyosung headquarters in Mapo, Seoul on Jan. 29 and held the "MIT ILP (Industrial Liaison Program) Seminar."
From the MIT side, Professors Polina Anikeeva and Rafael Gomez-Bombarelli of the Department of Material Science and Engineering attended. From the Hyosung side, working-level personnel in the patent, polymerization research and strategic sectors attended, seeking growth engines through convergence of Hyosung's source technology with MIT's innovative technology.
Prof. Polina Anikeeva, an authority on nanotechnology, lectured on artificial muscle and smart fibers developed by mimicking nano-optical fiber and animal and plant fibrous tissues that can treat neurological diseases.
Meanwhile, Prof. Rafael Gomez-Bambarelli announced how to develop new materials by utilizing big data and AI in electronic materials, new drug development, and battery industries.
"The seminar will be based on Hyosung Chairman Cho Hyun-joon's philosophy on technology management," Hyosung said. Chairman Cho is striving to develop new future growth engines that combine the existing major businesses and high-tech technologies such as IT solutions centered on big data.
Noting that Hyosung has pursued securing original technologies and innovating technologies, Chairman Cho said, "In the future, technology convergence that does not distinguish boundaries will be an important axis of growth momentum, along with technology innovation."