On the 10th, LG Energy Solution and Pohang Institute of Industrial Science and Technology signed a Memorandum of Agreement (MOA) for joint research on smart factories. From the left in the photo, Kim Myunghwan, President and CPO of LG Energy Solution, and Nam Soohee, Director of RIST, are posing for a commemorative photo. Photo by Kim Myunghwan

On the 10th, LG Energy Solution and Pohang Institute of Industrial Science and Technology signed a Memorandum of Agreement (MOA) for joint research on smart factories. From the left in the photo, Kim Myunghwan, President and CPO of LG Energy Solution, and Nam Soohee, Director of RIST, are posing for a commemorative photo. Photo by Kim Myunghwan

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[Asia Economy Reporter Donghoon Jeong] LG Energy Solution and Pohang Institute of Industrial Science and Technology (RIST) are embarking on joint research to develop advanced technologies in the smart factory sector.


On the 11th, according to LG Energy Solution and RIST, the two parties signed a "Smart Factory Joint Research Memorandum of Agreement (MOA)" the previous day at LG Energy Solution's Ochang plant located in Heungdeok-gu, Chungbuk.


The signing ceremony was attended by Kim Myunghwan, President and Chief Production and Purchasing Officer (CPO) of LG Energy Solution; Byun Kyungsuk, Executive Director and Chief Data Officer (CDO); Jung Jaehan, Executive Director and Head of the Process Technology Center; as well as Nam Soohee, Director of RIST; and Kim Youngdeok, Director of the Convergence Innovation Research Institute.


Through this agreement, both parties plan to actively cooperate in advanced smart factory technology research, including "Digital Twin technology," which replicates the real world exactly in an online space and predicts potential problems in advance through various simulations.


Additionally, RIST will prioritize applying its smart factory-related technologies, such as 3D modeling technology for physical equipment using Lidar technology, to LG Energy Solution. Furthermore, they agreed to actively collaborate on joint research in areas such as remote monitoring and process technology, personnel and technical support, and shared use of research facilities and equipment.


RIST is a practical research institute established in 1987 with full funding from POSCO. It conducts research in secondary battery materials, hydrogen fields, environmental energy, and smart factory-related areas.


Based on this joint research agreement, LG Energy Solution plans to accelerate the establishment of smart factories through the intelligent manufacturing of global production lines.


In fact, LG Energy Solution is striving to advance quality and manufacturing technology and secure cost competitiveness through smart factory construction. Specifically, it has signed a business agreement with Siemens to digitalize and optimize battery manufacturing technology. It has also established a "Factory Monitoring Control Center (FMCC)" that can preemptively detect equipment and process abnormalities through datafication of production line videos. Additionally, it recruited Byun Kyungsuk, a world-renowned expert in machine learning, as Chief Data Officer to discover data innovation tasks.


Kim Myunghwan, President and Chief Production and Purchasing Officer (CPO) of LG Energy Solution, said, "This collaboration with RIST, which possesses leading technology in the smart factory field, will be an opportunity to enhance battery quality and maximize efficiency through intelligent manufacturing at factories worldwide."



Nam Soohee, Director of RIST, also stated, "Through this smart factory joint research with LG Energy Solution, I hope the cooperative relationship between POSCO Chemical, which produces anode and cathode materials, and LG Energy Solution, which manufactures top-quality batteries, will become even stronger."


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

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