Korean Components Maker Visits US

Delegation from Gwangju Photonics Cluster in South Korea will visit the US to round up some potential investors

November 1, 2004

2 Min Read

GWANGJU, South Korea -- Gwangju Photonics Cluster, a heart of photonics industry in South Korea, announced today that Gwanju delegation is going to the United States to promote Gwangju Photonics Cluster and cultivate potential investors and entrepreneurs in the North America starting from Nov-2(Tue) to Nov-11(Thu). This will be led by Mr. Kwang-Tae Park, the Mayor of Gwangju Metropolitan City ith 1.4 million population, and the delegation team will visit San Antonio (Nov-2 to Nov-3), Dallas (Nov-4 to Nov-6), and San Jose (Nov-7 to Nov-10). In particular, Gwangju delegation will visit companies with global presence involved in Photonics & IT industries during the Roadshow and hosts a Luncheon Seminar on "Investment Environment of Gwangju Photonics Cluster" on Nov-5(Fri), 2004 (11:30AM to 2:00PM) in Dallas and on Nov-9, 2004 (5:00PM to 8:00PM) in San Jose. During this seminar, Nortel, Cisco, Alcatel, Siemens, JDS Uniphase, Agilent, Avanex, and many other companies will be engaged on the discussion.

This seminar is organized to invite businessmen, R&D Engineers & Scientists, and potential investors in order to promote the current innovation of Gwangju Photonics Cluster and share the strategies and the visions in the Phase-II Programs of Photonics 2010 Project.

As a strategic gateway to North-Eastern Asian market, Gwangju is globally recognized as one of the fast growing photonics powerhouse and more than 200 companies relevant to photonics are in operation so far. Due to competitive Foreign Direct Investment (FDI) incentives and industry-oriented supporting systems, a lot of companies and peer-leading professionals are getting a great impression and visit this cluster to investigate the potentials to perform new business opportunities. During this schedule, Mr. Kwang-Tae Park will visit individual potential investing enterprise in person and promote the Gwangju Photonics Cluster for future FDI attractions and a lot of CEOs, CTOs and COOs from many enterprises will attend on this seminar to get more information, outlook, and establish several Memorandum of Understandings (MOUs) with Gwangju city. Therefore, the attendees in this seminar will take a chance to meet the peer-leading experts from the optical communication industry at the same time.

Especially, Gwangju photonics cluster held the Korea Day 2004 during OFC-2004 in LA to brief attendees about business environment, opportunities and photonics supporting infrastructure in the Korean optical communications market for 2004 and beyond. Lots of industry experts from local government, national communication R&D institutes, system vendors, venture capitals and optical communication components vendors all attended the seminar and discussed on the strategies to perform optical networking equipment & component sales and governmental subsidies successfully.

Among one of the sweet results after the seminar, around 50 prominent professionals from photonics industry, R&D institutes in the worldwide optical communities could be assigned in global advisory board for Gwangju which is honorary ambassador to support international business and FDI attraction and promotion of KAPID and KOPTI in international market.

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