News Release

POSTECH joins hands with Korean web giant NAVER

Business Announcement

Pohang University of Science & Technology (POSTECH)

POSTECH, a leading science and technology university in South Korea, signed a Memorandum of Understanding (MoU) with NAVER Corporation (NAVER), on Wednesday April 22, with the goal of fostering the next generation of computer scientists and engineers. Operating South Korea's biggest search portal, NAVER is also well known for its mobile messenger service 'Line,' which has 180 million active users worldwide.

Strongly committed to the continuous identification and development of talent in computer science and engineering related fields, both POSTECH and NAVER have agreed to establish comprehensive programs of support, starting with a Young Faculty Fellowship to fund junior faculty members' research. Scholarships for graduate students and outstanding undergraduate students are also under way.

Under the MoU, the Academia-Industry collaboration will reach further into the classroom. NAVER will provide POSTECH students with courses and project mentoring by their experts as well as programming camps, field trips, and internship opportunities. Startup initiatives and student activities such as hackathon are also strongly endorsed to help students discover and develop their career paths. D2 Startup Factory, NAVER's tech startup accelerator and investment program, will be open to POSTECH students.

By joining hands with the nation's leading internet company, POSTECH expects to bring more outside expertise and on-field experience onto campus and build a stronger system to cultivate computer scientists and engineers. NAVER, on the other hand, anticipates that the partnership will contribute to further leveraging its core technologies including deep learning, voice recognition, machine translation, and web browsing.

The two parties expressed their strong will to continue to develop and expand their collaboration to solidify the support ecosystem.

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