Samsung to Develop 400 Smart Factories in Korea by 2017 | Be Korea-savvy

Samsung to Develop 400 Smart Factories in Korea by 2017


Samsung Group will develop about 400 'smart factories' in Gyeongsangbuk-do by 2017. (image: Yonhap)

Samsung Group will develop about 400 ‘smart factories’ in Gyeongsangbuk-do by 2017. (image: Yonhap)

Seoul, Mar. 2 (Korea Bizwire)Samsung Group will develop about 400 ‘smart factories’ in Gyeongsangbuk-do in collaboration with the Gyeongbuk Creative Economy Center, by 2017. The partners will jointly develop fully automated assembly factories based on MES (Manufacturing Execution System) and IoT (Internet Of Things) technologies.

These factories will be also equipped with tailored intelligent ultrafine machining systems and simulation techniques. Samsung is planning to establish about 100 factories by the end of this year.

Samsung and the Gyeongbuk Creative Economy Center are aiming to help Korean SME manufacturing businesses flourish through the digitalization and intelligentization of their industrial processes, while re-innovating dated industrial facilities in Gyeongbuk province.

INTOPS, a manufacturer and distributor of mobile products and appliances, and KT-Tech, a metal processing company, are the two companies selected to be at the forefront of the smart factory project.  INTOPS is expecting 30 percent growth in productivity upon the installation of Samsung’s smart factory system, while KT-Tech is also hoping to see an increase in its output.

By Kevin Lee (kevinlee@koreabizwire.com)

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