LG Smart Park Named 'Lighthouse Factory' for Futuristic Manufacturing Technology
March 31, 2022 | PRNewswireEstimated reading time: 2 minutes
LG Smart Park, a production base of LG Electronics in Changwon, South Korea, has been selected as a Lighthouse Factory by the World Economic Forum (WEF).
Shaping the future of manufacturing, WEF "Lighthouse" facilities implement Fourth Industrial Revolution technologies, such as the Internet of Things, big data, artificial intelligence and robots, into manufacturing and supply chain operations to deliver a wide range of benefits. These benefits include everything from increased production efficiency to enhanced environmental sustainability.
"As the world grapples with many challenges, it is remarkable to see how Lighthouses are yielding sustainability benefits while achieving business goals, which we call eco-efficiency," said Francisco Betti, Head of Shaping the Future of Advanced Manufacturing and Value Chains, World Economic Forum. We need them to continue illuminating the way forward for the global manufacturing community by shaping a responsible future of manufacturing that works for people, society and the environment"
Over the past five years, LG has transformed its factory complex in Changwon, South Korea into LG Smart Park, a futuristic hub of home appliance manufacturing. The key elements of the transformation are a digitally enabled end-to-end three-dimensional logistics system. This advanced analytics system is based on edge computing technology and machine learning that predicts defects and state-of-the-art facilities that can mass-produce multiple models to respond flexibly to customer requirements.
The newly implemented "digital twin" technology enables the operating system to analyze production processes in virtual reality. It can predict if any issues will occur within the next 10 minutes and provide exact parts and materials for the assembling of each appliance with an accurate, up-to-the-minute status of the facility's logistics operations.
Sensors utilizing deep learning technology are installed throughout the factory to monitor each phase of production in real-time, helping factory workers preemptively identify and resolve any possible issues. As a result, the defective return cost decreased by 70 percent from 2020 to 2021, while overall quality competitiveness1 and production efficiency2 have been significantly strengthened.
The first three floors at LG Smart Park employ an overhead conveyor system that quickly transports boxes containing refrigerator parts to the required production lines. Attached to each line is an intelligent warehouse that monitors inventory in real-time, enabling automated materials management, including the request for additional parts and supplies.
On the ground, automated guided vehicles leveraging stable 5G network connectivity transport parts and materials to wherever needed on site. Through its three-dimensional logistics automation system, the company can minimize the amount of warehouse space required by 30 percent compared to conventional logistics systems, and shorten the time required for hourly materials transportation by 25 percent.1
LG Smart Park has also adopted the use of robots featuring an AI engine and camera to make the home appliance production process faster and safer. The robots undertake dangerous and complicated tasks, such as welding and lifting heavy parts and equipment.
The company plans to apply the innovative, smart production technologies pioneered at LG Smart Park to a total of 26 LG production facilities in 13 countries, accelerating the digital transformation of its global manufacturing network by 2025.
"LG Smart Park illustrates our strong commitment to adopting the revolutionary technologies as a leader in the global premium home appliance market," said Lyu Jae-cheol, president of the LG Electronics Home Appliance & Air Solution Company. "We are presenting a blueprint for the future of manufacturing, one that delivers better outcomes across environmental, economic and employment aspects."
Suggested Items
SEMI Applauds U.S. Chips Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain
04/17/2024 | SEMISEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips.
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
SIA Applauds CHIPS Act Incentives for Samsung Manufacturing Projects in Texas
04/16/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Samsung.
Report Reveals ‘True Impact’ of Manufacturing is Nearly a Quarter of UK GDP
04/15/2024 | Manufacturing Technologies AssociationManufacturing is having a far greater impact on the UK economy than first thought according to a major new report released today.
Design Community Town Hall Review
04/11/2024 | Kelly Dack, CID+, EPTACThe Design Community Town Hall took place on the afternoon of April 10, 2024. I was fortunate to attend this event, which marked an opportunity for members of some newly found design groups to get together and exchange ideas. Peter Tranitz, senior director of solutions for IPC, opened the session with a slide presentation introducing these new groups and members within the solutions department.