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LG Electronics signed a memorandum of understanding (MOU) with GE HealthCare and Microsoft Korea to accelerate its market growth in digital healthcare.
The three companies will collaborate to enhance digital medical devices and services, integrating IT technologies into facility systems to improve operational efficiency, the Korean electronics manufacturer said on Thursday. LG Electronics' President of Business Solutions, Jang Ik-hwan, GE HealthCare Korea CEO Kim Yong-duk and Microsoft Korea CEO Cho Won-woo participated in the recent signing ceremony held at LG Sciencepark in western Seoul. LG's AI research arm recently formed a partnership with the U.S. genomic research center Jackson Laboratory to co-develop an AI model that can analyze the cause of various cancers as well as Alzheimer's disease and design a course of action. The model is expected to estimate the effect of a treatment, which could lead to personalized regimens per patient. The electronics maker’s utilization of private 5G networks passed the proof-of-concept stage — which is to demonstrate the feasibility of an idea or product — carried out at Korea University Anam Hospital in central Seoul in December. This would allow medical professionals to manage medical facilities remotely using digital twin technologies, as well as monitor hospital wards without being physically present. Source: Korea Joongang Daily
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