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LG Electronics Completes 1st Phase of Smart Home Appliance Factory Upgrades

LG Electronics Completes 1st Phase of Smart Home Appliance Factory Upgrades

SEOUL, Sept. 16 (Korea Bizwire) – LG Electronics Inc. said Thursday the first phase of home appliance manufacturing facility upgrades at its main production base in South Korea has been completed as the company aims to improve productivity with a better automation system. The tech giant said its reconstructed production building at LG Smart Park [...]

LG Uplus Seeks to Boost Smart Factory Biz

LG Uplus Seeks to Boost Smart Factory Biz

SEOUL, Sept. 16 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it aims to increase sales from its smart factory solutions business by sevenfold within five years as part of its broader push to boost its enterprise-focused services. The telecom operator has recently been developing industrial solutions that use [...]

SK Telecom Builds AI-based Smart Factory to Detect Defects Through Sound

SK Telecom Builds AI-based Smart Factory to Detect Defects Through Sound

SEOUL, July 29 (Korea Bizwire) — SK Telecom Co., South Korea’s leading mobile carrier, announced Tuesday that it will work with its affiliate SK Planet Co. and Hwashin Co. on an artificial intelligence (AI)-based Smart Factory Project. Hwashin is the country’s major chassis producer and primary supplier for Hyundai Motor Co. SK Telecom plans to [...]

Telcos Offer Smart Factory Solutions amid Pandemic

Telcos Offer Smart Factory Solutions amid Pandemic

SEOUL, July 3 (Korea Bizwire) — South Korea’s major telecom companies are introducing new smart factory solutions to help manufacturers overcome the pandemic-caused economic slump with more efficient production systems. SK Telecom Co., the country’s largest mobile carrier, on Friday released a subscription-based smart factory solution for small- and medium-sized manufacturers that optimizes their equipment [...]

Businesses Saved by Samsung Make Donations to Fight Coronavirus

Businesses Saved by Samsung Make Donations to Fight Coronavirus

SEOUL, April 29 (Korea Bizwire) — Small and medium-sized businesses that overcame the coronavirus crisis with help from Samsung Electronics Co. are now making donations to fight the global pandemic. Businesses participating in the smart factory project led by the Ministry of SMEs and Startups, Korea Federation of SMEs, and Samsung are stepping forward to [...]