Incheon Free Economic Zone

Incheon Mayor Yoo Jeong-bok Leaps for the Vision of 'Super First-Class Smart Hub City' at CES 2024

Retrieved on: 
Friday, January 12, 2024
Exhibition, CTA, HD, Consumer Technology Association, Las Vegas Convention Center, Multimedia, City, Incheon Free Economic Zone, Shinhan Bank, Electronics, AI, Transport law, ICT, Samsung Electronics, Future, Information technology, CES, Hyundai Motor Company, Shinhan Financial Group, LG Electronics

SEOUL, South Korea, Jan. 12, 2024 /PRNewswire/ -- A news report from AVING Global:

Key Points: 
  • -     Incheon Mayor Yoo unveiled the 'Super Smart Hub City' vision at CES 2024, promoted global collaboration, showcased AI solutions, and engaged with tech giants.
  • He is leading in the global promotion of the 'Super FirstClass Smart Hub City' and supporting the overseas expansion of Incheon startups.
  • The Incheon Free Economic Zone Authority announced that Mayor Yoo Jeong-bok participated in CES 2024 from January 9th to 12th, presenting Incheon's smart city future vision.
  • Incheon became the only local government from South Korea to exhibit in LVCC, the main exhibition hall for CES 2024.

MUST Connect 2023 Singapore highlighted the cutting-edge innovations of Korean life science startups

Retrieved on: 
Monday, October 16, 2023
Research, Clinical Trials, Health Technology, Professional Services, Start-Up, Biotechnology, Pharmaceutical, Health, Science, Other Professional Services, Partnership, Multimedia, Hospital, MUST, JLab Audio, Incheon Free Economic Zone, Entrepreneurship, Investment, Biomedical sciences, Singapore Science Park, Innovation, Accelerator, Celltrion, Connect, Speech, Assistant, Attention, CHC, J&J, Cryptocurrency, Film industry

MUST Connect 2023 Singapore, a roadshow that helps Korean life science startups expand overseas by connecting them with global pharmaceutical companies and investors, was held on Oct. 11 (Wed.) and 12 (Thu.)

Key Points: 
  • MUST Connect 2023 Singapore, a roadshow that helps Korean life science startups expand overseas by connecting them with global pharmaceutical companies and investors, was held on Oct. 11 (Wed.) and 12 (Thu.)
  • The Incheon Free Economic Zone (IFEZ), which has been supporting Korean life science startups, participated as a sponsoring organization.
  • "Korean life science startups are gaining increasing attention with each passing year,” observed Julia Lee, CEO of MUST Accelerator.
  • Many leading pharmaceutical companies have their APAC headquarters in Singapore and are actively seeking out promising life science startups in Asia.

LOTTE BIOLOGICS Announces Land Purchase Agreement with Incheon Free Economic Zone Authority, Establishing New Foothold in Songdo

Retrieved on: 
Wednesday, October 4, 2023
Block, Employment, Drug development, File, Bio, CMC, Research, Tenant, Incheon Free Economic Zone, Incheon, CDMO, Boeing Plant 1, Songdo International Business District, Incheon International Airport, Lotte World Tower, IND, Rare-earth element, Fine chemical

The signing ceremony held on the 4th at EBC Center in LOTTE World Tower was attended by Richard Lee, CEO of LOTTE BIOLOGICS, Jin-yong Kim, Head of the Incheon Free Economic Zone Authority.

Key Points: 
  • The signing ceremony held on the 4th at EBC Center in LOTTE World Tower was attended by Richard Lee, CEO of LOTTE BIOLOGICS, Jin-yong Kim, Head of the Incheon Free Economic Zone Authority.
  • Under this land purchase agreement, LOTTE BIOLOGICS plans to construct three Bio Plants at Block KI20 in Zone 11 (418, 418-9, Songdo-dong, Yeonsu-gu, Incheon) by 2030.
  • Aiming for a total antibody drug production capacity of 360 kL, each plant will be capable of producing 120 kL of antibody drugs.
  • CEO Lee stated, "I am delighted to envision a new future for LOTTE BIOLOGICS in Songdo International City, a global bio-cluster."

GreaterHeat Signs Letter of Cooperation with Incheon City to Create Blockchain Hub and Foster Incheon’s Digital Economy

Retrieved on: 
Tuesday, May 9, 2023
Blockchain, Letter, Incheon Free Economic Zone, Metropolis, Map, Songdo Convensia, Cryptocurrency, Cooperation

Singapore/incheon City, Korea, May 09, 2023 (GLOBE NEWSWIRE) -- GreaterHeat Pte Ltd ( GreaterHeat ), a Singapore-headquartered Web3 Infrastructure provider, has announced that it has signed a Letter of Cooperation with Incheon Metropolitan City to transform the city into a blockchain hub and foster Incheon’s digital economy.

Key Points: 
  • Singapore/incheon City, Korea, May 09, 2023 (GLOBE NEWSWIRE) -- GreaterHeat Pte Ltd ( GreaterHeat ), a Singapore-headquartered Web3 Infrastructure provider, has announced that it has signed a Letter of Cooperation with Incheon Metropolitan City to transform the city into a blockchain hub and foster Incheon’s digital economy.
  • David Li, Chairman and CEO of GreaterHeat, and Yin Haoyu, Co-Founder and General Manager of GreaterHeat, both attended an official signing ceremony for this Letter of Cooperation in Incheon on May 9.
  • The cooperation agreement with Incheon comes at a time when GreaterHeat continues to expand its strategic partnerships and collaborations throughout Asia.
  • David Li, Chairman and CEO of GreaterHeat, said that GreaterHeat’s Letter of Cooperation marked a significant milestone in the company’s involvement in developing national-level blockchain infrastructure.

Samsung Biologics to purchase land for its second Bio Campus

Retrieved on: 
Monday, July 18, 2022
Open innovation, IFEZ, CEO, Patient, United States Air Force Plant 4, Samsung Biologics, Incheon Free Economic Zone, KRX, CDMO, KRW, Samsung, Mobile phone

The additionally acquired land is located within Songdo Industrial Cluster, covering an area of 357,366 square meters which is 30% larger than the company's current campus.

Key Points: 
  • The additionally acquired land is located within Songdo Industrial Cluster, covering an area of 357,366 square meters which is 30% larger than the company's current campus.
  • Bio Campus II is designed to support Samsung Biologics' further expansion of large-scale manufacturing capacity as well as host a multi-modal plant and an open innovation facility.
  • The land was awarded to Samsung Biologics in accordance with the IFEZ's strategy to strengthen the region's global competitiveness in the biopharma sector while fostering partnerships with small and mid-sized venture companies.
  • "Samsung Biologics' achievements over the past decade are remarkable and highly impressive," said Jeong Bok Yoo, Mayor of Incheon Metropolitan City.

Mohegan Gaming & Entertainment (MGE) Successfully Completes Financing for INSPIRE Integrated Resort in Korea; Targets 2023 Opening

Retrieved on: 
Monday, November 29, 2021
Security (finance), International, Incheon International Airport, Xinjiang Production and Construction Corps, MBK Partners, Tourism, Mohegan Sun, Mohegan Tribe, NH Investment & Securities, COVID-19, WNBA, Connecticut Sun, INSPIRE, Yongsan Family Park, View, American, General contractor, IR, Incheon Free Economic Zone, Bain Capital, Multimedia, MGE, Casino, Amusement park

UNCASVILLE, Conn., Nov. 29, 2021 /PRNewswire/ -- Mohegan Gaming & Entertainment (MGE) , master developer of awe-inspiring integrated resorts (IR) today has announced the successful closing of financing to develop the INSPIRE Entertainment Resort on Yeongjong Island in Incheon, South Korea.

Key Points: 
  • UNCASVILLE, Conn., Nov. 29, 2021 /PRNewswire/ -- Mohegan Gaming & Entertainment (MGE) , master developer of awe-inspiring integrated resorts (IR) today has announced the successful closing of financing to develop the INSPIRE Entertainment Resort on Yeongjong Island in Incheon, South Korea.
  • Targeted to open in 2023, INSPIRE Entertainment Resort will be the largest IR in Northeast Asia once completed.
  • INSPIRE Integrated Entertainment Resort (INSPIRE) is a multi-phase, multibillion-dollar integrated entertainment resort project in Incheon, South Korea.
  • INSPIRE is a subsidiary of the United States based Mohegan Gaming & Entertainment which will be the first truly integrated entertainment resort in Korea with a comprehensive set of family-based offerings.

Smart Technologies Creating Huge Opportunities for the Vendors in Philippines & South Korea Data Center Market - Arizton

Retrieved on: 
Thursday, November 18, 2021
PDU, Huawei, Adoption, Technology, Time, AI, LG Electronics, CAGR, Awareness, Electronics, SK Broadband, KDCC, Samsung, USD, IOT, PLDT, Solution, FEZ, Globe Telecom, COVID-19, SK Telecom, LG Uplus, Songdo International Business District, Research, Investment, Cloud computing, Big data, Incheon Free Economic Zone, IFEZ, KT, Government, Growth, Retail, Video game

The outbreak of COVID-19 created strong demand for data centers especially for cloud data center in the market.

Key Points: 
  • The outbreak of COVID-19 created strong demand for data centers especially for cloud data center in the market.
  • Philippines data center market size will witness investments of USD 535 million by 2026, growing at a CAGR of 11.40% during 2021-2026.
  • South Korea data center market size will witness investments of USD 5.25 billion by 2026, growing at a CAGR of 7.72% during 20212026.
  • According to the Korea Data Center Council (KDCC), air-based cooling is adopted by over 40% of the data center operators in the country.

Smart Technologies Creating Huge Opportunities for the Vendors in Philippines & South Korea Data Center Market - Arizton

Retrieved on: 
Thursday, November 18, 2021
PDU, Huawei, Adoption, Technology, Time, AI, LG Electronics, CAGR, Awareness, Electronics, SK Broadband, KDCC, Samsung, USD, IOT, PLDT, Solution, FEZ, Globe Telecom, COVID-19, SK Telecom, LG Uplus, Songdo International Business District, Research, Investment, Cloud computing, Big data, Incheon Free Economic Zone, IFEZ, KT, Government, Growth, Retail, Video game

The outbreak of COVID-19 created strong demand for data centers especially for cloud data center in the market.

Key Points: 
  • The outbreak of COVID-19 created strong demand for data centers especially for cloud data center in the market.
  • Philippines data center market size will witness investments of USD 535 million by 2026, growing at a CAGR of 11.40% during 2021-2026.
  • South Korea data center market size will witness investments of USD 5.25 billion by 2026, growing at a CAGR of 7.72% during 20212026.
  • According to the Korea Data Center Council (KDCC), air-based cooling is adopted by over 40% of the data center operators in the country.

Incheon City Envisions Biotech Mecca by Developing Songdo Global Biotech Cluster

Retrieved on: 
Monday, December 9, 2019
Commercial Building & Real Estate, Construction & Property, Urban planning, Biotechnology, Health, Pharmaceutical, Other Construction & Property, Other Science, Science, Geography of South Korea, Songdo International Business District, Incheon Free Economic Zone, Incheon, Cities in South Korea, Songdo, Yeonsu District, Incheon National University station, Gale International

View the full release here: https://www.businesswire.com/news/home/20191209005006/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191209005006/en/
    The Incheon Metropolitan City government announced an ambitious plan for developing the Songdo Global Biotech Cluster in the Incheon Free Economic Zone.
  • They will develop Songdo region as the world-level global biotech hub by connecting the industrial complex with projected nearby Songdo Severance Hospital and a science park.
  • They will develop Songdo region as the world-level global biotech hub by connecting the industrial complex with projected nearby Songdo Severance Hospital and a science park.
  • Songdo complex achieved remarkable growth in the global bio-pharmaceutical market, and inducement of more investment by advanced global pharmaceutical companies and establishment of partnerships with them are essential for building a world-level biotech cluster, said Park Nam-choon, Mayor of Incheon City.

Global Biochips Market Analysis Report, 2016-2019 and Forecast to 2025 - Product Types, Fabrication Technologies, End-User Sectors

Retrieved on: 
Tuesday, September 24, 2019
Branches of biology, Biology, Life sciences, Biotechnology, Microarrays, Molecular biology, Biochip, Genomics, Proteomics, Qiagen, Fluidigm, Incheon Free Economic Zone

2.3 Real Blood Vessels on a Microfluidic Biochip: Organs-on-a -Chip

Key Points: 
  • 2.3 Real Blood Vessels on a Microfluidic Biochip: Organs-on-a -Chip
    2.7 Tiny Biochip Developed for Fast, Accurate and Low-Cost Disease Detection
    Thermo Fisher Acquires HighChem LLC, Slovakia
    QIAGEN NV Selects NeuMoDx Molecular, Inc for CE-IVD Assays Purchase
    Fluidigm Corporation and Indica Labs, Inc Enter Co-Marketing Agreement to Promote Digital Pathology Investigations
    Illumina, Inc to Acquire Pacific Biosciences of California, Inc
    FDA Approval for Bio-Rad's IH-Reader 24, Blood Typing Instrument
    Merck KGaA and Incheon Free Economic Zone (IFEZ) Collaborate to Establish Cell Culture Facility in Songdo, Incheon
    Roche Group Presents Cancer Immunotherapy Progression at the European Society for Medical Oncology Congress, Spain