LG Innotek (KRX:011070) signed a memorandum of understanding with Intel to integrate AI-based vision inspection technology into its production lines, aiming to boost defect detection and improve manufacturing efficiency, Pulse News reported Wednesday.
The partnership supports LG Innotek's push toward smart factory systems by using Intel's i-GPU-based AI solution, the report said.
Shares of LG Innotek jumped nearly 10% in recent trade on Thursday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.