LG Uplus is working with Catena-X, a global automotive industry data ecosystem, to help South Korean manufacturers enter global data supply chains.

LG Uplus said on Nov. 13 it signed an agreement on Nov. 11 at its headquarters in Yongsan, Seoul, with Catena-X, Cofinity-X and IBCT to build a trusted data ecosystem for Korea’s manufacturing sector.

Catena-X is an ecosystem in which automakers and parts suppliers exchange data, such as carbon emissions and parts production and history, based on common standards. It is spreading mainly in Europe, while Cofinity-X supports companies’ participation in the ecosystem and data exchange. IBCT is a domestic data space specialist that supports manufacturers’ participation in Catena-X and the application of related technology.

The agreement focuses on creating an environment in which domestic manufacturers can securely exchange, in a standardised manner, data required by global supply chains. It also plans to lay the groundwork for linking Korea’s K-Data Space with global data ecosystems such as Catena-X.

The four parties will cooperate on expanding domestic manufacturers’ participation in Catena-X, applying data standards domestically, linking data among companies participating in supply chains at home and abroad, and finding domestic use cases. LG Uplus will use its business-to-business experience and capabilities in telecommunications, cloud, security and system integration to support manufacturers from joining Catena-X through data linkage and operations.

Kwon Yong-hyun (권용현), vice president and head of the enterprise business at LG Uplus, said that in global manufacturing it is becoming important not only to make good products but also to securely and smoothly exchange necessary data with companies participating in supply chains. He said LG Uplus would support domestic manufacturers so they can more easily participate in global data supply chains based on its capabilities in telecommunications, cloud, security and system integration.