LG Uplus to develop smart factory platform for SMEs LG Uplus, South Korea’s third largest mobile operator, is developing a smart factory platform for small and medium-sized enterprises (SMEs) to monitor and analyze machine tool operations remotely. The telco is collaborating with Japanese automation company Fanuc for the project, which involves developing cloud-based services using artificial intelligence tools under a subscription model to help reduce SMEs’ initial investment costs. According to Jeon Yeong-seo, head of LG Uplus’ corporate service development lab, predictive maintenance of various CNC equipment, including lathes and milling machines, can reduce pain points for machine tool customers on the factory floor. LG uplus in October 2022 unveiled a range of AI services as part of a long-term strategy to…