[Executive Corner] Smart Factory: Ushering in a New Era of Manufacturing

(BPT) - By Song Si-yong, head of Smart Factory Business Division, Production Engineering Research Institute, LG Electronics

Manufacturing has been a cornerstone of global economic growth since the Industrial Revolution. Today, however, the landscape is undergoing a fundamental transformation. Societal and structural shifts — including aging populations, shrinking labor forces, evolving trade policies and overhauled supply chains — are pushing the industry to rethink how products are made.