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CJ Group (Korean: ()) is a Seoul-based South Korean multinational holding firm. It includes a diverse range of companies in the food and food service, pharmaceutics and biotechnology, entertainment and media, home shopping, and logistics sectors.  CJ Group was once a subsidiary of Samsung, but it split off in the 1990s. [two]
CJ CheilJedang (Food and Beverage), CJ Korea Express (Logistics), CJ Olive Networks (Health & Beauty Stores & IT), CJ ENM (Entertainment and Retail), and CJ CGV are some of the company’s notable subsidiaries (Cinema Chain).
CJ was founded as ‘Cheil Jedang’ in August 1953 as a sugar and flour manufacturer, and was the first manufacturing company of the Samsung Group. It founded the first flour mill in South Korea in 1955 and began exporting sugar to Okinawa, Japan, in 1962. Cheil Jedang’s sugar company was renamed ‘Beksul’ in 1965. [three]  With Mipoong, the company entered the artificial seasoning market in 1963, competing against Daesang’s Miwon, which was the best-seller at the time. [three]
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CJ OliveNetworks has signed a multilateral memorandum of understanding (MOU) with Shinan County and Jeonnam Social Innovation Network to enhance the value of the island and develop the digital island community by gathering and leveraging the island’s resources and properties.
Major officials, including CJ OliveNetworks CEO Cha In-hyuk, Shinan County Governor Park Woo-ryang, and Jeonnam Social Innovation Network Chairman Chung Soon-nam, attended the signing ceremony on Jan. 25 at the Shinan County Office.
Each agency will collaborate on policy and technological research for using Shinan County Island resources and asset data, as well as artificial intelligence (AI) and software (SW) education, in order to develop an asset-based digital island culture and achieve public-private governance collaboration, as part of the agreement.
Shinan County has over 1,000 island resources and properties, including renewable energy sources such as wind, tidal, and solar energy, as well as history, culture, tourism, and marine fisheries, all of which are key drivers of the government’s New Deal initiative.
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CJ OliveNetworks is no stranger to virtual reality training, having previously collaborated on projects in this area with CJ CheilJedang and CJ Construction. CJ CheilJedang has a VR pneumatic system simulator, and CJ Construction has VR building capabilities.
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“VR training would substantially save time and resources for employee training, as well as minimize mistakes and improve operating efficiencies for enterprises,” said GiHo Ro, director and head of CJ OliveNetworks’ AR/VR Business Team.