GE and LSIS collaborate in the smart energy segment in Korea
KOREA and FRANCE, Paris: GE and LSIS signed a Memorandum of Understanding (MoU) for comprehensive cooperation in power, smart energy, and smart factory solutions.
KOREA and FRANCE, Paris: GE and LSIS signed a Memorandum of Understanding (MoU) for comprehensive cooperation in power, smart energy, and smart factory solutions.
The two companies will collaborate on manufacturing innovation, as well as on smart grid solutions and microgrids, including eco-friendly power products, GE said in a statement.
According to the MoU, the parties will work together across the power and energy businesses, including both domestic and global eco-friendly power products, power transmission and distribution solutions, smart energy, as well as smart factories needed to realize the next phase in manufacturing with the Internet of Things.
GE Chairman Jeff Immelt and LSIS Chairman Koo Ja-Kyun witnessed the MoU.
Source: GE
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