LG's new AI speeds up product design, testing
LG Electronics has developed a new manufacturing artificial intelligence system that enables significantly faster and more accurate quality predictions during the product design phase, the company said Thursday.
The new AI system reduces the time required to assess the quality of completed products by up to 99 percent, cuts AI training time by more than 95 percent and lowers memory usage to one-tenth of previous levels, according to LG.
Where it previously took 3 to 8 hours to predict product quality before creating a prototype, the new technology completes the process in under three minutes using AI—eliminating the need for separate simulation stages.
The home appliances giant said it is preparing to launch a web-based platform called Eng.AI (Engineering AI) that will incorporate the new predictive AI technology for product developer use.
'We deliver end-to-end solutions to clients across all stages of manufacturing. AI-based verification technology will not only shorten the product development cycle but also significantly boost development efficiency,' said Jeong Dae-hwa, president of LG Electronics' Manufacturing Engineering Research Institute.
To reinforce the credibility of its new technology, LG said it has submitted a related research paper to the International Conference on Machine Learning, one of the most prestigious global academic conferences in the AI field.
The company plans to first apply the technology internally to strengthen its manufacturing capabilities, starting with component design for home appliances such as refrigerators, washing machines and TVs, as well as automotive products.
The new technology is also expected to enhance the competitiveness of LG Electronics' smart factory solutions, a business segment the company actively expanded last year.
The research institute projected that orders for smart factory solutions from clients outside the LG Group will surpass 400 billion won ($297 million) in 2024 — marking a more than 30 percent increase from the previous year.
LG said it aims to expand its smart factory client base beyond home appliances to include semiconductors, pharmaceuticals and chemicals to grow the smart factory solutions business into a trillion-won-level portfolio by 2030.
LG's smart factory solutions support a wide range of manufacturing functions, including production system design, real-time monitoring, operational optimization, and big data and generative AI-based process and equipment management, the company said.
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