LG Energy Solution joins hands with Siemens on smart factory technologies

SEOUL, Dec. 14 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Tuesday it has signed a deal with Siemens Korea to work together to turn its battery plants into smart factories to upgrade the manufacturing process.

Under the memorandum of understanding, LG Energy Solution will adopt the German industrial solutions provider's software and other technologies to build an "intelligent manufacturing system," LG said in a press release.

Intelligent manufacturing, or smart manufacturing, refers to a system equipped to optimize production and enable quality and process control for products using advanced information technologies, such as data analysis and machine learning.

LG Energy Solution said it will start with the production line run by the joint venture with General Motors Co. in Tennessee, the United States, and plans to expand the smart system to other production facilities down the road.

The smart factory system will help the company advance its digital innovation in a way that will further enhance the battery manufacturing technologies and production efficiency, LG Energy Solution said.

Attending the signing event were LG Energy Solution CEO Kwon Young-soo and Cedrik Neike, CEO of Siemens' Digital Industries division.

elly@yna.co.kr
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