Pangyo, South Korea, is the Banqiao Science and Technology Park in Gyeonggi Province, South Korea. It is also called Banqiao New City and is also known as the "Silicon Valley of South Korea". A large number of technology companies have gathered here, most of them are game developers. It is a very prosperous place. Banqiao has developed rapidly and attracted many tourists.
Banqiao Science and Technology Valley is a "commercial base for cutting-edge technology and information exchange". It has become a "holy place for the world's cutting-edge technology" in terms of "experimentation, display and promotion of new technologies".
As a research and development zone built with the purpose of cultivating cutting-edge technologies to improve the country’s economic competitiveness and strengthening the independent capabilities of Pangyo New City, it is Korea’s main industry and supports Korea’s global economic competition. It is a cutting-edge technology innovation research and development technology park with the core of the powerful information and communication (IT) industry, as well as life science (BT), nanotechnology (NT), cultural industry (CT) and convergence technology as the second driving force of development.
Pangyo Tech Valley has the advantage of wide-area location in the huge consumer market in the metropolitan area, and is close to intellectual property clusters such as Seoul Sangam DMC, Teheran Valley, Guro Digital Park Station, Donae Gwanggyo, and Ansan. District, exerting various synergistic effects. The System Semiconductor Promotion Center of Korea Electronics and Telecommunications Research Institute (ETRI) promotes leading representative companies in various fields and international standards in technological innovation in Korea such as SK Group, Posco ICT, Hanwha, LIGnex1, AhnLab, NHN, NCSOFT, and NEXON consortium. The development potential of high technology is maximized through exchanges with cutting-edge technology research institutions such as the SoC Center of the Korea Electronic Components Institute (KETI).
Address: 12, 645 Daewangbangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do