Pyung Hwa Holdings establishes joint venture to develop voice recognition system  [ Korea ]

Pyung Hwa Holdings, Daegu Gyeongbuk Institute of Science and Technology (DGIST), and Mirae Holdings, Ltd. have jointly established Pyunghwa Research Institute Co., Ltd. to develop voice recognition technologies for automobiles by using microelectromechanical systems (MEMSs). The research joint venture is capitalized KRW 200 million, of which 70.0 percent was invested by Pyung Hwa Holdings, whic...