
Samsung Heavy Industries to Establish R&D Hub in Busan
Samsung Heavy Industries (SHI) is gearing up to establish a research and development (R&D) hub in the city of Busan. On the 12th, the company inked a Memorandum of Understanding (MOU) with the city of Busan concerning the construction of the 'Busan R&D Center'. Key stakeholders, including SHI President Jung Jin-taek and Busan Mayor Park Heong-joon, attended the signing ceremony. Under the agreement, Samsung Heavy Industries plans to move into a 1,700 square meter R&D hub in Busan by November. T










