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Industry

Koh Young Technology Q1 operating profit 9.9 billion won, up 209 percent

Koh Young Technology posted first-quarter revenue of 72.7 billion won and operating profit of 9.9 billion won, up 42 percent and 209 percent from a year earlier. It reported record first-quarter sales, citing expanding demand for 3D inspection equipment and smart factory software led by global AI customers. Net profit rose to 15.7 billion won, up 389 percent. Revenue and operating profit also increased from the previous quarter.

Industry

AX needs fair data as manufacturing accelerates AI shift

AX, or AI transformation, is not the same as a smart factory but the next stage after factory automation and data-based smart operations, the article says. It describes how LG Display applied its own AI production system across OLED processes, cutting design and quality-improvement times and saving more than 200 billion won a year. China is pushing a national shift and leads in WEF lighthouse factories. South Korea is supporting manufacturing AI projects and an alliance.

AI & Enterprise

National AI strategy committee checks physical AI manufacturing sites in Changwon

South Korea’s National Artificial Intelligence Strategy Committee visited Changwon to review how AI is being applied at manufacturing sites and to check progress on regional AI transformation projects based on physical AI. The committee inspected AI and digital twin operations at LG Electronics’ Changwon smart factory and discussed data sharing and AI talent training with companies at Changwon National University. It also reviewed LAM-based development work at Gyeongnam Technopark.