In order to lead the era of the fourth industrial revolution, LG Chem will join hands with Seoul National University (SNU) to strengthen its digital competitiveness, including joint research on artificial intelligence (AI).
In this regard, LG Chem announced on July 29 that it held an agreement ceremony with SNU's engineering college to establish 'LG Chem-Seoul National University DX Industrial-Academic Cooperation Center' to strengthen its digital transformation (DX) capabilities.
LG Chem and SNU are planning to work together to strengthen their digital competitiveness by establishing industrial-academic cooperation infrastructure in the DX field to discover and carry out various DX tasks and cultivate talented people who will lead digital innovation.
LG Chem and SNU promised to cooperate in three areas: ▲DX industry-academic cooperation project ▲ DX core human resources training ▲ operation of Industrial-academic scholarship system.
Both sides plan to explore and carry out joint core tasks that can apply digital technologies such as deep learning and data mining to major key areas such as production, quality, R&D and marketing.
To that end, they will find and select candidate tasks by August, and will also work on tasks and follow-up tasks over a year.
LG Chem-Seoul National University's DX Industry-Academic Cooperation Center also plans to provide training for LG Chem executives and employees to train key DX personnel.
"We will strengthen our DX capabilities by nurturing talented people who can develop core technologies and related products for the fourth industrial revolution such as AI and big data on their own," said an official of LG Chem.
"LG Chem is focusing on strengthening its digital capabilities to keep pace with the global trend of the fourth industrial revolution and digital transformation," said LG Chem CHO Kim Sung-min. "We will make efforts to build a digital ecosystem through industry-academic cooperation with SNU."
"Digital transformation based on artificial intelligence and big data is spreading beyond the information technology category to the entire industry, including manufacturing, and it is quickly becoming an essential element for strengthening competitiveness," said Cha Kook-hun, dean of the engineering college at SNU.