LG Electronics and VTI Sign MOU to Enhance Smart Factory Solutions

Hanoi, July 15, 2024 — VTI and LG Electronics have signed a Memorandum of Understanding (MOU) to collaborate on delivering comprehensive solutions for the manufacturing industry.

The signing ceremony was attended by Mr Le Bao Linh (LG Electronics’s National Sales Director – Specialized Monitor industry), Mr Pham Thanh Ha (VTI’s Chief Technology Officer), and other representatives of the two companies.

LG Electronics, a global leader in technology, specializes in producing consumer electronics, mobile communications, and home appliances.  

VTI, a leading IT company with headquarters in Vietnam, Japan, South Korea, and Singapore, supports customers across various industries in their digital transformation journeys. Notably, VTI Solutions, a subsidiary of VTI Group, offers comprehensive software and technology solutions for manufacturing and retail, leveraging AI and IoT.

This partnership will see the two companies combine VTI’s software development expertise and core technologies with LG Electronics’s hardware solutions to create integrated ecosystems for their products and services. The key points of the collaboration include:

• Becoming official partners in distributing products within each party’s ecosystem.
• Providing comprehensive solutions to assist digital transformation in the manufacturing industry and beyond, contributing to a digital society and economy.

The MOU signing ceremony marks the start of a promising partnership between VTI and LG Electronics. Let’s stay tuned for their future advanced initiatives!