[Job Story] Hyundai adds to the autonomous trucks technology the KT’s ICT technologies

Hyundai Construction Equipment, which launched Korea’s first autonomous forklifts, is planning to advance smart logistics solutions using KT’s 5G communication network and artificial intelligence (AI) technology.

It was signed on 12th May the Memorandum of Understanding (MOU) between Hyounday CE and KT to the presence of 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). The deal redars the joint development of 5G technology-based solutions for smart construction equipment and material handling.

The aim is to 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).
This solution would significantly reduce the number of the risk of accidents at work because the work is carried out along a planned path.

The Hyundai Group already boasts state-of-the-art logistics solutions, such as Hyundai CE’s autonomous forklift technology 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.

This MOU will enable the two companies to combine their technologies, the autonomous vehicle technology of Hyundai Construction Equipment and KT’s ICT technologies such as 5G communication and AI, to supply the advanced smart logistics solutions to the market.

Kong Ki-young, President of Hyundai CE, said,

“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.”

It seems indeed that a large number of officials from the automobiles and electronics companies attended the recent demonstration of autonomous forklifts held at the Eumseong Global Logistics Center in Chungbuk offers by Hyundai, who were interested of it.

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.”

In the meantime, KT undertakes to push ahead with the digital transformation of Korean industries by the use of ICT capabilities. Instead, 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 KT’s 5G, big data, and AI technologies.

Source: Hyundai