LG Electronics AI Project Selected as Outstanding Task in Canada... 5 Years of R&D Support

[Asia Economy Reporter Kim Hyewon] LG Electronics announced on the 22nd that an artificial intelligence project by a consortium including LG Electronics was recently selected as a Research Excellence project by the province of Ontario, Canada.

LG Electronics, together with the University of Toronto and others, formed a consortium to conduct a project researching and developing artificial intelligence technology capable of more accurately recognizing objects.

Ontario judged that the AI technology developed in this project holds practical value in creating a better future for local residents and selected it as an excellent project. The consortium will receive approximately 3 billion KRW in research and development funding over the next five years.

The consortium will develop AI algorithms that analyze diverse data obtained from sensors such as cameras, which are key components of autonomous driving, as well as radar and lidar, under adverse weather conditions.

In particular, the consortium plans to research AI technology and autonomous driving systems equipped with it that enable sensors to more clearly recognize road signs, lanes, pedestrians, etc., when they are obscured or blurred by heavy snow, heavy rain, fog, and other conditions.

LG Electronics expects that applying this technology to autonomous delivery robots will further enhance product performance. Recently, it unveiled a next-generation integrated delivery robot capable of freely moving indoors and outdoors.

Earlier, LG Electronics signed agreements with several Canadian universities, which are gaining attention as meccas of AI research, to jointly develop AI and strengthen capabilities. It is researching AI reasoning with the University of Montreal and reviewing quantum AI and big data analysis technologies with the University of Waterloo.

Additionally, LG Electronics established the 'Toronto AI Research Institute' in 2018 in collaboration with the University of Toronto to research foundational AI technologies through various industry-academic projects. LG Electronics and the University of Toronto also run an in-house certification program to train LG employees as AI experts. This program has been conducted jointly with the University of Waterloo since this year.

LG Electronics places its AI orientation on Evolve, Connect, and Open. It also defines the 'AI development stages' from the customer value perspective into four stages: efficiency, personalization, reasoning, and exploration.

Park Il-pyung, CTO (Chief Technology Officer) of LG Electronics, said, "We will apply advanced AI technology to products and services to provide differentiated value that customers have never experienced before."

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