Samsung to provide 'smart factory' solution in South Korea

Cho Mu-hyun for ZDNet:  Samsung Electronics will provide its smart factory solution for over a thousand small and medium-sized businesses in South Korea by 2017, the company announced.

The South Korean tech giant will first provide the solution to 224 firms selected by the Center for Creative Economy & Innovation (CCEI), a state-run startup and small businesses accelerator program, starting this month.

The CCEI has centres nationwide and works with almost all South Korean conglomerates to fund and support small enterprises with potential.

Samsung will provide these firms with manufacturing execution systems and enterprise resource planning solutions. It will also provide its IT-based manufacturing solutions such as automated manufacturing, process 3D simulations, and CAD/CAM super-precision moulding machines.

The firm plans to provide 450 companies with the solutions this year and over 1,000 by next year.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Get RFQs on Die Casting, Stamping, and Extrusion With Xometry, Your Source for Custom Parts

Get RFQs on Die Casting, Stamping, and Extrusion With Xometry, Your Source for Custom Parts

Xometry is your source for custom parts. Now, in addition to getting instant quotes on 3D Printing, CNC Machining, Sheet Metal, and Injection Molding, customers can create and send RFQs for die casting, stamping, and extrusion work to our nationwide network of pre-vetted manufacturers with just a 2D drawing. You will receive and be able to review responses from qualified shops within 7 days on an advanced web-based RFQ management platform. To learn more go directly to our site to issue and RFQ today. Stop wasting time managing RFQs through email and by phone, and start issuing RFQs at scale and in the cloud.