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 capable of recommending suitable components for new product development, the company announced on Sunday. The system, which has been in development for two years, utilizes AI to process extensive internal and external component data, enabling users to compare specifications and prices effortlessly.
Key products from LG Innotek encompass camera modules, semiconductor substrates, and automotive components, each potentially comprising hundreds of individual parts. By leveraging AI to expedite component selection while weighing both cost and performance, the company anticipates enhancing its competitive edge. Upon inputting the required specifications, the system scours its database of over 2 million components, suggesting alternatives with comparable specifications.
By incorporating data from components previously acquired by LG Innotek and from the external market, the system substantially widens the search scope. A notable attribute of the system is its reference price function. The AI scrutinizes actual purchase records to furnish users with a reliable cost benchmark.
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.
This story
This is one outlet's version. Read the fullest account.
- LG Innotek develops AI-powered component recommendation system koreatimes.co.kr
