SEOUL, Mar. 21 (Korea Bizwire) — U.S. aircraft manufacturer Boeing said Wednesday it plans to establish its seventh overseas technology research center in South Korea this year due to the country’s technological prowess and innovation policies.
“Korea is home to premier talent and industrial partners, as well as policies that foster innovation development. These factors combine to make Korea an ideal collaborator on aerospace innovations that will change the world,” Boeing Chief Technology Officer Greg Hyslop said in a statement.
Boeing currently operates five technology research centers in the United States and six in overseas countries, including China. The upcoming research center in Korea will be Boeing’s 12th technology research center overall, according to the company.
“The new center will serve as a great test bed for Boeing to collaborate and develop future technologies with many leading organizations in Korea,” Boeing Korea President Eric John said in the statement.
The research center will focus on accelerating autonomy, artificial intelligence, avionics, smart cabin, smart factory and other technologies for future aerospace products, it said.
South Korea is the 10th biggest market for Boeing when it comes to commercial airplanes and defense equipment.
(Yonhap)