Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News

LG Energy Solution Joins Siemens on Smart Factory Technologies

Meet the voice behind Indo-Asian News Service (IANS), a storyteller navigating the currents of global events with precision and depth. Crafting narratives that bridge cultures, IANS brings you the pulse of the world in every word

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

South Korean battery maker LG Energy Solution said on Tuesday it has signed a deal with Siemens Korea to work together to turn its battery plants into smart factories to upgrade the manufacturing process.

Under the memorandum of understanding, LG Energy Solution will adopt the German industrial solutions provider’s software and other technologies to build an “intelligent manufacturing system,” LG said in a statement.

Intelligent manufacturing, or smart manufacturing, refers to a system equipped to optimize production and enable product quality and process control using advanced information technologies, such as data analysis and machine learning.

LG Energy Solution said it will start with the production line run by the joint venture with General Motors Co. in Tennessee, the US, and plans to expand the smart system to other production facilities down the road, reports Yonhap news agency.

The smart factory system will help the company advance its digital innovation to further enhance the battery manufacturing technologies and production efficiency, LG Energy Solution said.

Attending the signing event were LG Energy Solution CEO Kwon Young-soo and Cedrik Nike, CEO of Siemens’ Digital Industries division.


Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic