LG Innotek develops AI-powered component recommendation system
LG Innotek has developed an artificial intelligence (AI)-powered system that recommends components suitable for use in new products, the company said Sunday. Completed recently after two years of development, the system analyzes vast amounts of internal and external component data using AI and allows users to compare specifications and prices at a glance. LG Innotek’s key products include camera…
LG Innotek has unveiled an AI-driven system designed to suggest components appropriate for new product development, the company announced on Sunday. Completed following two years of development, this innovative system leverages AI to process extensive internal and external component data, enabling users to simultaneously compare specifications and prices.
LG Innotek's principal offerings comprise camera modules, semiconductor substrates, and automotive components, each potentially consisting of hundreds of individual parts. By employing AI to expedite component selection while simultaneously evaluating price and performance, the company anticipates enhancing its market competitiveness.
Upon inputting the required specifications, the system scans a database containing over 2 million components and recommends parts with comparable specifications. By incorporating data on LG Innotek's past purchases and external market components, the system markedly expands the search scope. One notable characteristic of this system is its reference price function.
Utilizing AI technology, the system examines real purchase records to provide users with valuable pricing insights.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- LG Innotek develops AI-powered component recommendation system koreatimes.co.kr
