Department of Electrical Engineering Professor Seok Jul-gi's patented technology 'Alternating Motor Control Method' transferred to corporation
YU receives full fees and running royalty
Full-fledged 'University Intellectual Asset and Outstanding Technology' project with government support from last year
[April 26, 2016]
<YU and ABOV Semiconductors signed a technology transfer MOU and will pursue commercialization of patented technologies possessed by the university>
YU (President Noh Seok-kyun) was once again sought out by companies and will pursue technology commercialization. The excellent research capacities and technologies of the university were once again recognized by companies.
YU will pursue the technology commercialization project by transferring the 'high efficiency operation alternating motor control method' that was developed and patented by the Department of Electrical Engineering Professor Seok Jul-gi (47) to the semiconductor manufacturer, ABOV Semiconductors (CEO Choi Won).
YU held a technology transfer signing ceremony with ABOV Semiconductors at the YU President reception room at 4 p.m. on the 25th and will begin full-fledged technology commercialization. At the signing ceremony, YU President Noh Seok-kyun, Industry-Academic Cooperation Team Director Park Jin-ho, Technology Transfer Commercialization Center Director Kim Seung-cheol, and Professor Seok Jul-gi (Industry-Academic Cooperation Team Assistant Director) met with ABOV Semiconductors CEO Choi Won and corporate researchers and they agreed to gather their capacities for successful technology commercialization.
The 'motor control algorithm' developed by Professor Seok is an alternating motor operation method that can easily achieve max efficiency operation in high-speed operation ranges. This technology was internationally recognized by receiving the 'Society Level Prize Paper: Transaction Second Place Prize Award' from the Industry Applications Society (IAS) under the Institute of Electrical and Electronics Engineers (IEEE) in 2014.
With the signing of the MOU with ABOV Semiconductors, it is expected that Professor Seok's technologies will be applied in semiconductors and be utilized in various electric devices that require high efficiency and high power density inverters such as for environment-friendly automobiles and air conditioners. According to Gartner, a market analysis company in the US IT sector, it is expected (as of 2013) that the global semiconductor market will grow to be worth 382.9 billion dollars by 2017, and it is thus anticipated that Professor Seok's technology will create a considerable amount of additional value. With this technology transfer agreement, YU will receive a fixed technology fee as well as running royalties for 10 years as soon as revenue is generated from this technology.
Professor Seok, who developed this patented technology, said, "There has been continuous demands for development of the high-speed operation, high efficiency, high power density alternating motor technology sectors in order to improve industrial productivity. Additional control functions are needed for high-speed operation in the existing closed-loop method electric current controller based control." He added, "The technology developed here uses open-loop method control, and it simplified the algorithm and solved the interruption issue between controllers, while not requiring additional control functions. Furthermore, it provides design flexibility of alternating motor and inverter operating devices, and it has a wide range of uses as it can be applied in all types of alternating motors including ultra high-speed operation."
Projects that tie the outstanding technologies of YU with companies have recently been very active. This technology transfer was matched with the company through the '2015 Outstanding Technology Seminar' that was jointly hosted by Samsung Electronics and Korea Association of University Technology Transfer Management that was held in September of last year. In February of this year, the 'medical new material manufacturing technology' developed by Department of Chemical Engineering professor Kim Sung-cheol was transferred to Hyun Woo Tech, which is pursuing the future medical devices business.
Meanwhile, YU has been accelerating commercialization of the intellectual properties and excellent technologies possessed by the university with government support. YU was selected for the 'university creative asset commercialization support project' overseen by the Ministry of Education and National Research Foundation and will receive a total of 2.3 billion won over a span of three years.
