LG Uplus Corp. and Hyundai Elevator Co. distributed safety devices that use Internet of Things (IoT) technology to elevator installation workers.
The new technology analyses whether employees correctly tie the chin straps on their safety hats or wear safety rings when constructing elevators in high areas, and it avoids falls by alerting employees if any of their equipment has been improperly fastened.
Jeon Seung-hoon, head of smart infrastructure at LG Uplus, said they will expand the application of the smart safety management system starting from elevator installation sites to other sites with a risk of fall accidents, aimed at contributing to preventing serious disaster accidents.
The two companies jointly developed smart safety management systems, such as IoT sensor safety hats, rings, belts, and exclusive applications for elevator installers and control platforms.


Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom
Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market
Malaysia Unveils Energy Security Plan Amid Iran Conflict and Rising Oil Costs
Gold Prices Slip as Strong Dollar and Rising Oil Weigh on Market Sentiment
China Car Sales Drop Again as EV Export Growth Surges in April
Infineon Raises 2026 Outlook as AI Data Center Chip Demand Surges
U.S.-China AI Talks May Take Center Stage at Trump-Xi Summit
Dollar Struggles to Rally Despite Strong US Data as Fed Hike Expectations Remain Limited
Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally
TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit
Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns
S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence
KOSPI Hits Record High as AI Chip Demand Boosts Samsung and SK Hynix
Japan’s Yen Intervention and BOJ Rate Hike Bets Support Currency Recovery
Armani Group Eyes Strategic Stake Sale to Luxury Giants
Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations
Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping 



