Samsung: Research for Europe at Höchst
In mid-August, Cheil Industries opened its European research center in the Höchst Industry Park, Germany. At its new “Frankfurt Research & Development Center,” this subsidiary of the biggest South Korean conglomerate Samsung, employs 14 researchers, who develop and test new materials for flat-screen monitors, heat-resistant polymers for the electronics and the automotive industries, and membranes for water filtration. The research center in the industry park is Samsung Cheil Industries’ only one in Europe.
The company, about a tenth of whose 5,400 employees work in R&D, also has research centers in South Korea, Japan and the US. Cheil industries has invested about EUR 1 million in the Höchst site to increase its orientation to the European market. The ideal framework for this is provided by the industry park’s outstanding transport connections, and its scientific network.
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