SK on and Siemens Digital Industries Software (DISW) announced they have joined forces to build a smart factory system. The former will develop a digital twin for battery production facilities in cooperation with the computer software company.
Sealing of the Agreement
On Sunday, April 14, SK said it is looking to set up smart factory systems with Siemens Digital Industries Software. According to Business Korea, the companies signed a memorandum of understanding last week at the SK Seorin Building in the Jongno district of Seoul.
SK on said the key leaders of both companies attended the important partnership event. The Korean battery maker’s CEO, Lee Seok Hee, was present at the signing ceremony alongside Oh Ki Young, the head of SK on’s factory innovation office. Siemens DISW chief Tomy Hemmelgam and Siemens DISW Korea’s managing director, Oh Byung Joon, were also present.
Creation of The Digital Twin for Smart Factories
SK on is planning to use Siemens DISW’s digital twin software and simulation technology to create a smart factory system for battery production. The Korean firm said it expects the updated system to significantly lessen equipment maintenance time and operating costs.
With the digital twin technology in the plants, SK on said it can also speed up the verification of optimized manufacturing process lines, reducing the length of construction of factories. The company said the digital twin factories will initially be established in South Korea and then expand to the United States and Europe later.
“SK On will expand cooperation with leading global partners, including Siemens, to strengthen our manufacturing competitiveness,” SK on’s chief executive officer, Lee Seok Hee, said in a press release.
Siemens DISW’s CEO, Tony Hemmelgarn, added, “I am very pleased that we can cooperate with SK On by providing the Siemens Xcelerator portfolio to help bring digital production innovations and create a sustainable battery industry.”
Photo by: SK Innovation Newsroom


EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand
Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 



