LG sending professors to research overseas

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LG sending professors to research overseas

LG Group Chairman Koo Bon-moo yesterday emphasized the importance of research at universities, saying that the competitiveness of a university stems from studies conducted by its professors, which in turn creates graduates who can help increase a company’s competitiveness.

“The keys to the competitiveness of a university are the research and teaching skills of the faculty,” said the chairman at a ceremony for overseas-bound professors held at LG Twin Towers in Yeouido on Monday. “LG’s sponsoring of competent professors is a worthwhile investment.”

Since 1989, LG Group has been sponsoring professors in fields such as science and technology, humanities and social sciences to study overseas for one year.

The 30 professors chosen this year received $36,000 each to cover their research fees and round-trip airfare for the professor and his or her spouse. The company said it has given 20 billion won ($19 million) to send 717 professors overseas over the past 26 years.

“The reason why LG has been sponsoring overseas research projects is because of the belief that the competitiveness of universities is the source of competitiveness for a country,” Koo said.

“In the age of information and knowledge, countries with strong universities lead the world. Also, companies can only win global competitiveness when universities lead technology development and turn out excellent talent.”

As this year’s Yonam project gets under way, LG said the participating professors had already proved their research abilities.

Among the professors, Lee Tae-woo, a professor of materials science and engineering at Pohang University of Science and Technology, developed technology to produce grapheme nanoribbons, which will help in making flexible displays for wearable devices.

BY kim jung-yoon [kjy@joongang.co.kr]

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