Hyundai Elevator Alliance with LG, KT Blends Elevators, Robotics and AI

Jul 28, 2023|Daily News - International News - South Korea

(l-r) Lee Sang-ho, head of the AI Robot Business Unit at KT; Do Ik-han, head of the Service Business Division at Hyundai Elevator; and Roh Kyu-chan, leader of the Robot Business Division at LG Electronics at the MoU signing; photo courtesy of Hyundai Elevator

Hyundai Elevator officials signed a Memorandum of Understanding (MoU) with LG Electronics and KT on July 26 that aims to blend the three companies’ areas of expertise: elevator systems, robotics technology and AI, respectively, The Korea Herald is among outlets to report. The alliance follows Hyundai Elevator’s 2022 launch of an open application programming interface (API) platform to enable connectivity between elevators and robots or other smart devices. Several joint projects implementing the API have already been launched, including at Westin Josun Busan, Seoul National University Bundang and Sinhan Bank’s Seoul headquarters. The new partnership promises to bring such innovations as robotic couriers to deliver parcels in residential buildings, room service in hotels and medical supplies in hospitals.