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Hyundai Elevator, LG Plan Smart Building Solutions

Hyundai Elevator, LG Plan Smart Building Solutions

By Elevator World | August 27, 2021

Hyundai Elevator is joining forces with fellow South Korea-based company LG Electronics to develop a smart-building solution business designed to connect elevators, self-driving robots and home network systems, AJU Business Daily reported on August 20. Hyundai plans to develop an open application programming interface (API) that can connect with various applications to create premium elevators that can…

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Analysts Bullish on Hyundai Elevator Growth Prospects

By Elevator World | May 20, 2021

A pair of analysts with Shinhan Investment Corp. said vertical-transportation equipment and service sales are projected to continue to grow for South Korea’s Hyundai Elevator, buoyed by additional apartments coming onto the domestic market and a new “smart” factory in Shanghai with 3.5 X the capacity of the previous facilities, Business Korea reports. Despite first quarter 2021…

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Elevator World | November 2021 Cover

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