LG Energy Solution adopts Siemens factory processes

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LG Energy Solution adopts Siemens factory processes

LG Energy Solution CEO Kwon Young-soo, second from left, and Cedrik Neike, CEO of Siemens' Digital Industries, third from left, pose at LG Energy Solution's headquarters in Yeouido, western Seoul on Tuesday after signing a memorandum of understanding on a smart factory partnership.

LG Energy Solution CEO Kwon Young-soo, second from left, and Cedrik Neike, CEO of Siemens' Digital Industries, third from left, pose at LG Energy Solution's headquarters in Yeouido, western Seoul on Tuesday after signing a memorandum of understanding on a smart factory partnership.

LG Energy Solution will adopt Siemens’ smart factory technology at its Ultium Cells’ factory in Tennessee, the battery company said. The two companies signed a memorandum of understanding on the partnership Tuesday. 
 
Ultium Cells is a joint venture between LG Energy Solution and General Motors that makes batteries for electric vehicles in the United States.   
 
After testing Siemens’ smart factory systems – which utilize internet-of things and automation technology to increase efficiency – at its Ultium Cells Tennessee factory, LG Energy Solution plans to also use them at other factories.  
 
“Making the manufacturing process smart is a core capacity that needs to be secured in order to achieve quality improvement of the batteries and maximization of efficiency in a supply chain,” Kwon Young-soo, CEO of LG Energy Solution said.  
 
“Through the partnership with Siemens, which is a leading player in the smart factory business, we are going to provide top-notch service to our customers.”
 
 

BY JIN EUN-SOO [jin.eunsoo@joongang.co.kr]
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