KT-Hyundai Elevator-LG Electronics Unite for AI Robot Business Collaboration

Signing of 'Robot-Elevator Integration Business Cooperation MOU'
Development of New Innovative Robot Services for Smart Buildings
Planned Cooperation to Secure Competitiveness in Robot Services

On the 27th, KT announced that it has signed an 'MOU for Robot-Elevator Linked Business Cooperation' together with Hyundai Elevator and LG Electronics. The signing ceremony was attended by Lee Sang-ho, Head of KT AI Robot Business Group, Do Ik-han, Head of Hyundai Elevator Service Division, and Noh Kyu-chan, LG Electronics Robot Business Manager, along with other representatives from the three companies.

Lee Sang-ho, Head of KT AI Robot Division (left), Do Ik-han, Head of Hyundai Elevator Service Division, and Noh Kyu-chan, Head of LG Electronics Robot Business, are taking a commemorative photo after signing the MOU. (Photo by KT)

Through this agreement, KT plans to combine Hyundai Elevator's elevator technology, which holds the number one domestic market share (39.2%), with LG Electronics' leading home appliance and robot technology to develop new innovative robot services for smart buildings and smart cities, and to engage in various business collaborations to secure competitiveness in robot services. Lee Sang-ho, Head of KT AI Robot Business Group, stated, "Through this three-company cooperation, we expect to provide various robot services linked with elevators and expand the base of the robot industry," adding, "KT will take the lead in creating a smart urban environment and generating social value through the fusion of AI robot technology and the elevator industry."

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