Hyundai, KT Team for Smart Logistics
June 1, 2020
Hyundai Construction Equipment, which
launched Koreaís first autonomous forklifts, is planning to advance
smart logistics solutions using KTís 5G communication network and
artificial intelligence (AI) technology.
Hyundai CE announced that it signed a
Memorandum of Understanding (MOU) with KT on 12th May, with about 10
officials attending, including Hyundai CE President Kong Ki-young and KT
Vice President Jeon Hong-beom (Head of the AI/DX Convergence Business
Group), regarding the joint development of 5G technology-based solutions
for smart construction equipment and material handling.
This MOU will enable the two companies to combine their technologies,
the autonomous vehicle technology of Hyundai Construction Equipment and
KTís ICT technologies such as 5G communication and AI, to supply the
advanced smart logistics solutions to the market.
In particular, it is expected that
this technological cooperation will further enhance the remote governing
and control level of autonomous forklift and realize a remote service
system that is operated by AI voice control solution, video, and
augmented reality (AR).
Hyundai CEís autonomous forklift technology is a state-of-the-art
logistics solution that autonomously recognizes the environment and
obstacles in the workplace and navigates through the optimal routes, on
its own thereby greatly increasing productivity, thanks to the enhanced
circulation speed and efficiently utilized logistics space.
The risk of accidents in the workplace can be significantly reduced
because the work is carried out along a planned path. Moreover, recent
market prospects have become brighter with untact technology gaining
attention because of COVID-19.
Ki-young, President of Hyundai CE, said, "A large number of officials
from the automobiles and electronics companies attended our recent
demonstration of autonomous forklifts held at the Eumseong Global
Logistics Center in Chungbuk, and their orders for introducing the
treasure demonstrated have been pouring in. In addition to autonomous
forklifts, we will supply the entire logistics solution covering the
control system, charging facilities, warehouse management system (WMS),
and manufacturing execution system (MES) to lead the market."
Jeon Hong-beom, Vice President of KT, also said, "This cooperation will
be a spring board, to advance the material handling using the new
technologies, such as 5G and AI, and further we expect innovation in
manufacturing and logistics fields to come true. KT will continue to
push ahead with digital transformation of Korean industries by use of
our ICT capabilities."
Meanwhile, the Hyundai Heavy Industries Group continues to work with KT
to upgrade its smart factory and smart shipyard business through a
combination of its robot development technology and shipbuilding
technology with KTís 5G, big data, and AI technologies.