Daedong Industrial, Agreement on 'Precision Agriculture Technology Development' Collaboration

Intel Korea and Funzin Joint Collaboration

From the left, Kwon Myung-sook, President of Intel Korea, Lee Sung-tae, President of Sales at Daedong Industrial, and Kim Deuk-hwa, President of Funzin, are posing for a commemorative photo after signing a business agreement at the "2020 Edge AI Forum" held on the 29th.

[Asia Economy Reporter Kim Daeseop] Daedong Industrial announced on the 29th that it has signed a business agreement to 'develop autonomous driving and precision agriculture technologies for agricultural machinery and promote mutual exchange.'

The business agreement was achieved through a joint effort by Intel Korea and software development company Funzin. Through this agreement, Daedong Industrial will conduct research and development management of autonomous driving for agricultural machinery, growth analysis, and related technology testing based on Intel's artificial intelligence (AI) technologies.

Intel will be responsible for supporting autonomous driving and AI computing hardware and software technologies, as well as sharing technology implementation cases. Funzin will handle the development of path generation algorithms and autonomous driving controllers utilizing Intel technology.

Won Yoohyun, CEO of Daedong Industrial, stated, "The domestic agricultural market is experiencing an increase in cultivated area per person and working hours due to aging and population decline," adding, "We are focusing on developing precision agriculture technologies and related products to maximize harvest while reducing working hours and agricultural resource input." He continued, "This business agreement is a step toward Daedong... "

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