Samsung, KEPCO to collaborate on power facility tech
Jeong-Soo Hwang
May 24, 2024 (Gmt+09:00)
Samsung Electronics Co. and Korea Electric Power Corp. (KEPCO) announced on Friday that they signed a memorandum of understanding (MOU) to cooperate on technology exchange for power facility operation.
Under the MOU, the companies will share technologies for evaluating and diagnosing the condition of power facilities such as transformers and circuit breakers.
They will also exchange case studies on fault prevention, the application of new preventive diagnostic technologies, and operational experiences to ensure stable power infrastructure operation.
To implement the agreement, Samsung and KEPCO will form a practical task force and continuously pursue cooperation.
Samsung Electronics anticipates that the MOU will help achieve efficient operation of power infrastructure.
KEPCO said it would actively share its AI-based preventive diagnosis integrated system for power facility condition assessment and operational know-how with Samsung Electronics.
The collaboration aims to enhance the competitiveness of the South Korean semiconductor industry in the global market.