Hyundai Elevator Completes Shanghai Smart Campus... Annual Production of 25,000 Units
3.5 Times Expansion of Production Capacity at Chinese Corporation
[Asia Economy Reporter Yu Je-hoon] Hyundai Elevator announced on the 1st that it has completed the entire construction of the smart campus in Jinshan Industrial Zone, Shanghai, China. With the completion of this smart campus, the production capacity of the Chinese subsidiary has increased 3.5 times compared to the previous capacity (about 7,000 units).
The Shanghai campus, built on a 105,517㎡ site within the Jinshan Industrial Zone, includes a smart factory, an elevator test tower (175m above ground), a research and development center, a customer care center, office buildings, and welfare facilities. The smart factory within the Shanghai campus can produce 25,000 units annually, including 23,500 elevators and 1,500 escalators.
Earlier, Hyundai Elevator's Chinese subsidiary completed the production line construction permit last November and began production. The smart factory, which integrates elevator and escalator production lines and a logistics center, has introduced automated production logistics equipment, Industrial Internet of Things (IIoT), and Artificial Intelligence (AI) technologies.
A Hyundai Elevator official explained, "An integrated manufacturing management system that enables real-time management from customer orders to finished product shipment has been applied to maximize production efficiency and establish an optimized system capable of flexible analysis." He added, "In particular, data such as order information and customer customization information are collected and analyzed to be applied to the production line, and the project progress can be checked in real time, significantly enhancing customer visibility."
Hyundai Elevator plans to become a top-tier brand in China, the world's largest elevator market, by incorporating cutting-edge technologies such as IT convergence tailored to customer trend changes, product premiumization, and advancing smart factory sophistication and logistics optimization. The company also aims to develop the Shanghai smart campus into a global market hub.
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Song Seung-bong, CEO of Hyundai Elevator, stated, "Along with optimizing the production line and strengthened design and untact technology capabilities, we will expand our influence not only in new city construction projects promoted by the Chinese government but also in the global landmark market."
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