Monday, 20 June 2022 11:37

Nokia and LS Electric develop ICT solutions for automation, data centre, and electric vehicle charging services

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Finnish telecommunications vendor Nokia and South Korean electronic power equipment company LS Electric have signed a deal to develop information communications technology solutions for new service models.

Both will develop a model for factory automation, data centre, and electric vehicle charging services.

They will also explore opportunities in 5G, which will allow LS Electric to modernise its infrastructure.

LS Electric will use Nokia’s industrial grade private wireless solutions, data centre fabric, and EV charging solutions to power its operations.

Nokia will provide technical information and solutions related to smart factory infrastructure, data centre business, and EV charging businesses to support implementation strategies.

“Nokia is our existing partner and we are confident that its proven expertise and industry-leading solutions will help us realise our business vision,” says LS Electric president and chief operating officer global services Jong-Woo Kim.

“The emerging business models for Industry 4.0 demand close collaboration between the enterprises and ICT-based global communication equipment companies to be better placed to leverage the market opportunities,” says Nokia Korea head of enterprise Josh Lee

This first appeared in the subscription newsletter CommsWire on 17 June 2022.

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Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

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