Gwangju City Signs Business Agreement... Cooperation to Build Future Car Smart Factory Model

Mayor Lee Yong-seop: "We Will Lead the Creation of AI-Based Future Automobile Industrial Complex"

Lee Yong-seop, Mayor of Gwangju Metropolitan City (third from the left), is taking a commemorative photo after signing a business agreement to establish an AI-based future automobile smart factory business model with Lim Byung-hoon, CEO of Telstar-Hommel, a smart factory solution development company (fourth from the left). Photo by Gwangju Metropolitan City

Lee Yong-seop, Mayor of Gwangju Metropolitan City (third from the left), is taking a commemorative photo after signing a business agreement to establish an AI-based future automobile smart factory business model with Lim Byung-hoon, CEO of Telstar-Hommel, a smart factory solution development company (fourth from the left). Photo by Gwangju Metropolitan City

View original image


[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Telstar-Hommel, a developer of AI-based smart factory platforms, is planning to establish an AI research institute and production plant in Gwangju.


On the 7th, Gwangju Metropolitan City announced that it signed a business agreement with Telstar-Hommel to cooperate on establishing and operating an AI research institute and production plant in Gwangju, as well as building an AI-based future automobile smart factory business model.


Telstar-Hommel, a Hyundai Motor Company partner, recently won a project to establish a quality productivity management system at Hyundai's plant in Indonesia. In April last year, it signed a '5G Edge Cloud-based Smart Factory Solution Development Cooperation Agreement' with KT and is currently jointly promoting the smart factory construction project.


This business agreement includes Gwangju City promoting various corporate support policies to create an AI smart factory industrial ecosystem, and Telstar-Hommel actively cooperating in creating an AI-based industrial ecosystem through operating the AI research institute and opening the production plant.


The agreement details include ▲providing policy and technical advice for creating an AI-based smart factory industrial ecosystem in Gwangju City ▲promoting the establishment and operation of the AI research institute and opening of the production plant ▲implementing corporate support policies for creating the smart factory industrial ecosystem ▲education of experts in AI and future automobile industry fields.


Telstar-Hommel developed LINK5, which integrates equipment manufacturing technology and information communication technology to monitor all situations occurring on the smart factory production line, utilizing it to improve quality and productivity.


Also, to commercialize the AI-based smart factory automobile industrial complex construction project with the currently developed platform, a new corporation, Telstar21 Co., Ltd., was established in Gwangju on the 26th of last month.


Im Byung-hoon, CEO of Telstar-Hommel, said, “We were attracted to invest in Gwangju, which is innovatively and actively responding to market changes such as the AI-based industrial convergence complex project and the eco-friendly automobile parts cluster project. We will do our best to maximize the synergy between Telstar-Hommel’s smart factory solutions and the AI infrastructure that Gwangju City will build.”



Mayor Lee Yong-seop stated, “The agreement with Telstar-Hommel will be a great strength for Gwangju as it prepares for the eco-friendly future automobile era. Going forward, Gwangju will secure a customer-customized production system through the intelligence and advancement of factories via AI-based smart factories, establish global competitiveness, and lead the creation of the Gwangju smart future automobile industrial complex.”


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing