Boeing plans to establish a new research center in Korea
- March 23, 2018
Boeing said that it plans to set up its seventh overseas technology research center in Korea by mid-2018.
The research center will focus on accelerating autonomy, artificial intelligence, avionics, analytics, smart cabin, smart factory and other technologies for future aerospace products.
“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,” said Greg Hyslop, Boeing chief technology officer and senior vice president of Engineering, Test & Technology.
The US aircraft maker currently operates five technology research centers in the US and six overseas including China.
The upcoming research center in Korea will be Boeing’s 12th technology research center overall, the company said, adding that it would hire local technology experts when the facility opens.
“Korea is one of the most innovative and technology-driven countries in the world, and the new center will serve as a great test bed for Boeing to collaborate and develop future technologies with many leading organizations in Korea,” said Eric John, president of Boeing Korea. “I am also excited that this opportunity will generate advanced engineering jobs for next-generation local talent.”
Last year, Boeing spent more than $400 million with Korean companies. Currently more than 48 Korean companies provide products and services for Boeing production and sustainment programs, research and development, and a broad range of internal services that support Boeing operations. Boeing remains committed to helping Korea address its industrial and technology development needs and has shown continuous and incremental commitment toward Korea, spending $3.5 billion to date over the past 10 years.