LG Electronics Participates in AI One Team Summit 2020 "To Strengthen AI Competitiveness"

LG Electronics participated in the 'AI One Team Summit 2020' event on the 25th and discussed ways to strengthen the competitiveness of the artificial intelligence industry with member companies. (From left) Jang Seok-young, 2nd Vice Minister of the Ministry of Science and ICT; Jung Il-moon, President of Korea Investment & Securities; Park Sang-gyu, Vice President of ETRI; Kim Woo-seung, President of Hanyang University; Jung Ki-sun, Vice President of Hyundai Heavy Industries Group; Ku Hyun-mo, CEO of KT; Shin Sung-chul, President of KAIST; Park In-gu, Vice Chairman of Dongwon Group; Kwon Bong-seok, President of LG Electronics; and Lee Sang-min, Vice President of LG Uplus are posing for a commemorative photo.

[Asia Economy Reporter Changhwan Lee] LG Electronics announced on the 27th that it discussed ways to strengthen the competitiveness of the artificial intelligence industry together with member companies of the ‘AI One Team’.

At the ‘AI One Team Summit 2020’ held on the 25th at the Andaz Hotel in Gangnam-gu, Seoul, representatives and key executives of the ‘AI One Team’ member companies attended.

Attendees included Kwon Bong-seok, President of LG Electronics; Koo Hyun-mo, CEO of KT; Jung Ki-sun, Vice President of Hyundai Heavy Industries Group; Lee Sang-min, Vice President of LG Uplus; Jung Il-moon, President of Korea Investment & Securities; Park In-gu, Vice Chairman of Dongwon Group; Shin Sung-chul, President of KAIST; Kim Woo-seung, President of Hanyang University; Park Sang-gyu, Vice President of ETRI; and Jang Seok-young, 2nd Vice Minister of the Ministry of Science and ICT.

AI One Team is an industry-academia-research council aimed at enhancing the competitiveness of the domestic artificial intelligence industry. Nine organizations from industry, academia, and research institutes, including KT, LG Electronics, LG Uplus, Hyundai Heavy Industries Group, Korea Investment & Securities, Dongwon Group, KAIST, Hanyang University, and ETRI, are conducting joint AI research and technology development.

On this day, LG Electronics introduced collaborative projects being carried out together with KT and LG Uplus.

The three companies are collaborating to contribute to preventing the spread of infectious diseases such as COVID-19. They are developing more three-dimensional and sophisticated predictive models by combining KT and LG Uplus’s communication data with LG Electronics’ AI technology and product-based data. This will support individuals and institutions in quickly confirming infection probabilities and the extent of infectious disease spread based on confirmed patients’ movement information.

LG Electronics is discovering services that enhance customers’ smart home experiences by linking smart appliances with KT’s home IoT (Internet of Things) services. Verification related to this is being conducted at the ‘LG ThinQ Home’ established by LG Electronics in the Pangyo New Town, Gyeonggi-do.

Additionally, LG Electronics is cooperating with KT to utilize its own AI chip that performs artificial intelligence without passing through the cloud on IoT devices. LG Electronics plans to actively participate in industry-academia-research cooperation with AI One Team member companies, sharing manufacturing know-how and contributing to the development of the artificial intelligence industry.

LG Electronics is promoting an open strategy in the AI field, including Open Platform, Open Partnership, and Open Connectivity, to build an ecosystem equipped with powerful solutions. It is also accelerating growth through Open Innovation by collaborating with external entities such as universities, research institutes, and startups.

Kwon Bong-seok, President of LG Electronics, said, “We will seriously consider innovation based on customer value and cooperate with AI One Team to create meaningful business outcomes.”

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