Lotte Global Logistics, Megvii to collaborate AI logistics

The company plans to obtain certification with a Chinese firm for smart logistics solutions and robot control AI projects

Lotte Global Logistics, Megvii to collaborate AI logistics
Jae-Kwang Ahn 1
2024-04-25 16:13:39 ahnjk@hankyung.com
Logistics


South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese artificial intelligence (AI) logistics. 

Under the MOU, the two companies will collaborate on proof of concept for smart logistics solutions, AI projects for robot control, and advanced logistics technologies. 

Megvii is a Chinese smart logistics specialist that provides equipment for logistics center automation. It also offers the Matrix-8 integrated solution for transforming conventional logistics centers into intelligent automation centers.

Write to Jae-Kwang Ahn at ahnjk@hankyung.com

Lotte Global Logistics, CoEvolution to develop automatic solutions

Lotte Global Logistics, CoEvolution to develop automatic solutions

South Korea's Lotte Global Logistics announced on Wednesday that it has signed a memorandum of understanding (MOU) for a strategic partnership with CoEvolution, a Chinese specialist in automated control platforms.Lotte Global Logistics and CoEvolution held the signing ceremony on Tuesday at th

Kia, Lotte Global Logistics to develop logistics-specific PBV

Kia, Lotte Global Logistics to develop logistics-specific PBV

President of Kia Song Ho-Sung (right) and Lotte Global Logistics CEO Park Chanbok South Korea's Kia Corp. announced on Wednesday that it has signed a memorandum of understanding with Lotte Global Logistics at its headquarters in Yangjae-dong, Seoul, for the creation of an environmentally friend

Young Poong, Lotte Global Logistics to form battery recycling supply chain

Young Poong, Lotte Global Logistics to form battery recycling supply chain

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with Lotte Global Logistics Co. to form a supply chain system for recycling lithium-ion batteries.They will expand their battery recycling operations to the global market by integrating their technologies and capabilit

Lotte Global Logistics establishes resource recycling platform in Korea

Lotte Global Logistics establishes resource recycling platform in Korea

South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solution and expanded its application to as many distribution centers as possible after signing an agreement in 2021 with HRM Corporation, the develop

(* comment hide *}