Beijing on the 17th Yonhap reported that South Korea’s semiconductor venture capital firm eWBM said on the 16th, the company will work with Northeastern University Technology Industry Group Co., Ltd., North Smart Equipment Co., Ltd., set up offices in Shenyang City, Liaoning Province, the preparation of the establishment of South Korea cooperative semiconductor Joint venture.

The three parties have agreed that China Unicom will introduce eWBM’s FIDO (Fast Online Identity) Universal Authentication Framework dongle for demonstrating the safety certification of local enterprises in Shenyang. The office is provided by North Smart, and eWBM is responsible for dispatching technicians to Shenyang to build a new certification system.

EWBM said that by setting up an office in Shenyang to lay the foundations for developing and marketing smart chips in South Korea with high-tech semiconductor technology in Korea, it will actively develop the Internet of Things security market nationwide in China.

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