Division of Research, Graduate Studies and Technology Transfer
NEW KENT STATE/SAMSUNG MASTER AGREEMENT SIGNED
As an outgrowth of earlier successful research and training relationships between the two institutions, a new Master Agreement was entered into by Kent State University and Samsung Electronics Co., Ltd. President Carol A. Cartwright of KentState and President Sang Wan Lee of Samsung Electronics Liquid Crystal Display Business signed a master agreement at the Samsung LCD headquarters in Tangjeong, Korea, on Oct. 1, 2004, to co-develop display technology. President Cartwright stated that this agreement solidifies another way in which the university is bringing its world-class liquid crystal research to the marketplace through mutually beneficial collaborations. Vice President John L. West explained that the purpose of this agreement is to set forth the basic framework and guiding principles under which Samsung and KentState may continue to participate together in specific scientific research and education projects over the next five years. Liquid Crystal Institute ®(LCI) researchers, including Drs. Oleg Lavrentovich, Philip Bos, L. C. Chien, Satyendra Kumar and Vice President John L. West visited Samsung LCD’s headquarters in Korea this year to discuss a series of new collaborative research projects.
Samsung’s electronics products are recognized as one of the fastest growing global brands. Samsung Electronics Co. Ltd. is the world’s largest producer of TFT-LCDs, memory chips, color monitors and color TVs, and is a major developer of new-age electronic products. Samsung employs tens of thousands of people in more than 40 countries and is engaged in strategic alliances with many multinational organizations. Meanwhile, KentState’s Liquid Crystal Institute is the world’s leading academic center for liquid crystal research and education. Liquid crystal technology continues to grow throughout the world and dominates the display industry. Kent State ®LCI’s research, resulting in over 30 patents issued for faculty, staff and student inventions to date, continues to enhance the performance of liquid crystal displays. These liquid crystal displays are critical components in myriad electronic devices used daily around the world. This multiyear relationship of a leading manufacturer and employer in the field with our leading university research and educational program in liquid crystals expands opportunities for both. This as an exemplary public-private partnership with potential to benefit the partnering institutions and the world’s consumers with its successes.