- The filing company is planning to establish a new R&D institute in Korea to timely respond to supply schedule and quality control, develop new materials, and join the global R&D network.

- The filing company is considering an independent institute within an industrial complex or attached institute within a university campus in Seoul or in the region close to its headquarters such as Gyeonggi province.

- The filing company contacted about 20 universities in Seoul only to be rejected.

- The Office of Foreign Investment Ombudsman (OFIO) explained the situation of the filing company to the Seoul Metropolitan Government and briefed on the investment overview and the area required for the move-in, and asked for cooperation. The local government agreed to arrange meetings with universities that are interested in industry-academia joint research and their students’ job opportunities at the concerned institute.

- Meeting with the Seoul Metropolitan Government and the related persons from a university (Jun 5, 2015) The filing company briefed on the investment overview and requests for the move-in. The Seoul Metropolitan Government and the related persons from a university asked questions related to the industry, and negotiated on the matters related to joint research and the university students’ possibility of internship at the institute.

. After completing internal reports and having meetings with other universities, the university agreed to notify results ASAP after identifying universities that are willing to house the filing company’s institute.

. One university offered to house the institute but some move-in conditions were not accepted. So the Seoul city government arranged a meeting with another university.

- Further matters will be directly arranged among stakeholders (the filing company, Seoul city government, and university) and if moving into to a university in Seoul is not available, Home Doctor will provide support by arranging meetings with other local governments near Seoul such as Gyeonggi province.