Hyundai Construction Equipment-KT Sign MOU to Integrate 5G, AI, and ICT into Unmanned Forklifts

The unmanned forklift first launched domestically by Hyundai Construction Equipment in April last year

[Photo by Hyundai Construction Equipment]

[Asia Economy Reporter Ki-min Lee] Hyundai Construction Equipment, which launched the first unmanned forklift in Korea, is partnering with KT to advance smart logistics solutions using 5G communication and artificial intelligence (AI).

On the 12th, Hyundai Construction Equipment announced that it signed a Memorandum of Understanding (MOU) for the joint development of 5G-based smart construction machinery industrial vehicle solutions, attended by about 10 people including Ki-young Gong, President of Hyundai Construction Equipment, and Hong-beom Jeon, Vice President of KT (Head of AI·DX Convergence Business Division).

Through this MOU, the two companies plan to combine unmanned forklift technology with 5G communication, AI, and other ICT technologies to supply more advanced smart logistics solutions to the market. In particular, they expect the level of remote monitoring and control of unmanned forklifts to be significantly enhanced through this technological cooperation.

Additionally, the two companies will collaborate in areas such as AI voice control solutions and remote after-service (A/S) support through video and augmented reality (AR).

Hyundai Construction Equipment launched the first unmanned forklift in Korea last April, which autonomously drives and operates by recognizing the environment and obstacles in the workplace and following the optimal route. Hyundai Construction Equipment explained that unmanned forklifts perform tasks along planned routes, greatly reducing the risk of accidents in the workplace.

Recently, with the spotlight on untact (contactless) technology due to COVID-19, market prospects are becoming even brighter. Ki-young Gong, President of Hyundai Construction Equipment, said, “We will lead the market by supplying a comprehensive range of logistics solutions, including unmanned forklifts, control systems, charging facilities, warehouse management systems (WMS), and manufacturing execution systems (MES).”

Hong-beom Jeon, Vice President of KT, also stated, “Through this cooperation, we expect the advancement of industrial vehicles using new technologies such as 5G and AI, and further innovation in manufacturing and logistics sites. KT will continue to promote the digital transformation of Korean industry based on its ICT capabilities.”

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