Hyundai CE partners with KT
Hyundai Construction Equipment (Hyundai CE) signed a Memorandum of Understanding (MOU) with KT to introduce information and communication technologies (ICT) on its range of forklifts. Ten officials were in attendance, including Hyundai CE President Kong Ki-young and KT Vice President Jeon Hong-beom (Head of the AI/DX Convergence Business Group), to witness the joint development of the 5G technology–based solutions, for smart construction equipment and material handling.
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.
This technological collaboration will improve the remote management and the level of control of the autonomous forklift, which will also benefit from a remote service system that is operated by an AI voice control solution, video, and augmented reality (AR). Hyundai CE’s autonomous forklift technology is a state-of-the-art logistics solution that autonomously recognises the environment, and obstacles in the workplace, and is able to navigate through the best routes on its own , which greatly increases productivity.