Oberthur Technologies (OT) has signed two significant commercial and R&D agreements with the government of South Korea.OT says it has built strong bilateral relationships with the Republic of Korea over a number of years. It has been providing its technologies to financial institutions since 2006 and has provided its embedded Secure Elements (eSE) to Samsung Mobile since the Galaxy S4. OT is also Samsung's first partner in Europe for deploying NFC services, in particular Mobile Payment with Samsung Pay. Furthermore, OT opened an R&D centre in Seoul in July 2015 dedicated to security technologies for Smartphones and Mobile devices.The two agreements signed in the presence of the Prime Minister, Hwang Kyo-ahn and OT president & CEO Didier Lamouche covered:A Memorandum of Understanding between OT and the Korea Trade-Investment Promotion Agency (KOTRA) aimed at increasing cooperation and coordination to further develop bilateral exchanges between OT and Korean companies.A partnership between OT and the Korea Advanced Institute of Science and Technology (KAIST) to sponsor R&D programmes at KAIST, as well as welcome KAIST graduates for their internships either in OT's R&D centre in Korea or in France."OT is honoured to host the Prime Minister's visit to our OT Labs which is a tribute to our very well-established partnerships with the Republic of Korea and its leading smartphone makers among the largest brands in the world," says Didier Lamouche, president & CEO of OT. "The partnerships we have signed demonstrate our determination to go even further from a business, R&D and educational perspective to help Korean companies and graduates develop internationally.""KOTRA is delighted to partner with OT which will result in additional investment to support Korean companies in developing services such as secure mobile payment internationally," says Kihyung Choe, director general of KOTRA Paris."Our goal at KAIST is to cultivate top-level security experts in security technologies," says Prof Kwangjo Kim, School of computing, KAIST. "By partnering with such a leader in security technologies as OT, we know that we will both help shape tomorrow's security solutions for the IoT space."
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