Korea Federation of SMEs Commentary
Contributing to the Era of AI-Driven Smart Factories for SMEs

Headquarters of the Korea Federation of Small and Medium Business

Headquarters of the Korea Federation of Small and Medium Business

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[Asia Economy Reporter Kim Daeseop] The small and medium-sized enterprises (SMEs) sector has expressed a welcoming stance toward the government's strategy to advance SME manufacturing innovation based on artificial intelligence (AI) and data.


The SME sector plans to cooperate with the government to enhance the effectiveness of the measures announced by the Ministry of SMEs and Startups on the 23rd, and will do its utmost to promote the system and ensure that SMEs can actively utilize it.


The Korea Federation of SMEs emphasized in a statement that "this measure is welcomed as it includes plans to establish a data-based platform to open the era of My Manufacturing Data, which generates profits from smart factory data that had been confined within factories centered on artificial intelligence."


The SME sector particularly evaluated the government's policy will to advance SME smart factories, which had remained at a basic level.



The Korea Federation of SMEs stated, "This measure newly introduces policies to foster suppliers who develop and install smart factory equipment solutions, which is expected to contribute to opening the era of AI-driven SME smart factories."


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

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