Press Release

Signed an investment agreement with COMMAX, Gwangju Free Economic Zone Authority
Writer : Gwangju Free Economic Zone Authority 작성일 : 2021-12-24 16:20

<Translated with Google Translate.>

Gwangju Free Economic Zone Authority signed an investment agreement with COMMAX Co., Ltd.
- Leading AI-based IOT smart home company… Promotion of R&D research institute establishment
- Business agreement with French global company Dassault Systèmes Korea Co., Ltd.

Gwangju Free Economic Zone Authority signed an investment agreement with COMMAX, a mid-sized AI-based IOT smart home company, in the City Hall business room on the 9th.

COMMAX Co., Ltd. is a pioneer in pioneering the global market that creates safety and value of life. It is a company that produces and develops home automation, IOT security and AIOT convergence products that show how AI technology is applied to life.

With this investment agreement as an opportunity, ▲investment in the artificial intelligence convergence zone of the Gwangju Free Economic Zone and ▲establishing a research facility in Gwangju City will be promoted.

In addition, Gwangju Free Economic Zone Authority signed business agreements with Dassault Systèmes Korea Co., Ltd. and Korea Industrial Complex Corporation.

Dassault Systèmes Korea, a global software leader headquartered in France, provides a collaborative 3D virtual environment that enables sustainable innovation.

In particular, it provides various solutions and services such as 3D design, engineering, and simulation across 11 industries including automobiles, aerospace and defense, shipbuilding and offshore, energy, life sciences, and industrial equipment.

In the future, Dassault Systèmes Korea Co., Ltd. will cooperate with ▲technical and policy advice for local companies to strengthen their technological competitiveness in key industries in Gwangju, ▲support for nurturing talents tailored to key industries in Gwangju, and discovering joint cooperation projects for vitalization of core industries.

The Korea Industrial Complex Corporation, which is contributing to the creation of local jobs and industrial development by supporting the growth of companies living in industrial complexes in the Gwangju region, will actively cooperate in attracting companies to vitalize the national industrial complex in Gwangju through a business agreement.

The Gwangju Free Economic Zone Authority said that this agreement will serve as an opportunity to take a step ahead in the competition between companies and cities in an era where the importance of the artificial intelligence industry is being highlighted due to COVID-19, and competitiveness cannot be secured unless it is combined with artificial intelligence. looking forward to

Mayor Lee Yong-seop said, “Gwangju City has designated four major industrial complexes as Gwangju Free Economic Zones and is doing its best to provide more benefits to companies that want to invest in Gwangju. I hope it will serve as an opportunity to further solidify the global competitiveness of the company.” <End>