Kolon FnC Signs Business Agreement with KT for Fashion Digital Innovation
Mutual Cooperation for Leading Future Fashion Market through Digital Innovation and ESG New Business Development
(From left) Shin Su-jeong, Vice President of KT, and Yoo Seok-jin, CEO of Kolon FnC, are posing for a commemorative photo at the business agreement ceremony for fashion digital innovation held on the 6th.
View original image[Asia Economy Reporter Eunmo Koo] Kolon Industries FnC Division (Kolon FnC) announced on the 7th that it signed a business agreement with KT on the 6th to jointly develop projects in the field of fashion digital innovation.
Through the business agreement with KT, Kolon FnC will mutually cooperate in developing new digital innovation and fashion ESG (environment, social, governance) businesses to lead the future fashion market. Additionally, they plan to jointly develop models for digital innovation solutions across each value chain stage of fashion manufacturing, and promote the development of DX (digital transformation) business cooperation models utilizing AI (artificial intelligence), big data, and cloud technologies.
To this end, Kolon FnC will play a role in joint development by providing ICT collaboration and reference sites to apply DX in each business field, while KT will provide AI·DX and ICT capabilities such as AI, big data, cloud technology, and know-how.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Yoo Seok-jin, CEO of Kolon FnC, said, “Kolon FnC is advancing digital transformation in both business and work environments,” adding, “Through this MOU, we will not only accelerate this process but also develop a fashion digital ESG business model to take the lead in ultimate digital transformation.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
