Strengthening Home Safety by Linking CapsHome App with SmartSolity App... Maximizing Synergy through Product Development and Launch

On the 2nd, at Solity's Innovation Center K located in Incheon, Lee Won-min, Head of MS Business Division at ADT Caps (left), and Byun Chang-ho, CEO of Solity, are posing for a commemorative photo after signing an agreement.

On the 2nd, at Solity's Innovation Center K located in Incheon, Lee Won-min, Head of MS Business Division at ADT Caps (left), and Byun Chang-ho, CEO of Solity, are posing for a commemorative photo after signing an agreement.

View original image


[Asia Economy Reporter Kim Cheol-hyun] ADT Caps (CEO Park Jin-hyo) announced on the 3rd that it has signed an MOU for a comprehensive business agreement with Solity (CEO Byun Chang-ho), a leading smart door lock company in Korea. Solity is the largest door lock manufacturer in Korea, leading the popularization of smart door locks by integrating artificial intelligence and Internet of Things (IoT) technologies into door locks.


Through this agreement, both companies plan to collaborate between ADT Caps' smart home security service 'CapsHome' and the smart door lock 'Solity' to provide consumers with more advanced security benefits. In particular, ADT Caps and Solity agreed to link the CapsHome app and the Smart Solity app to enhance customers' safety in daily life. They will also establish a mutual cooperation system, including developing and launching products that combine the technological strengths of both companies to maximize synergy.



Lee Won-min, head of ADT Caps MS Business Division, said, "As the importance of home security increases, we expect that the combination of ADT Caps' security infrastructure and IoT devices such as smart door locks will build a differentiated home safety network." He added, "ADT Caps will expand its business areas through continuous cooperation with various industries and grow into a life care platform provider beyond security by utilizing ICT technology."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing