Gyrfalcon Technology and LG Electronics Announce Collaboration of Artificial Intelligence Product Integration

SAN JOSE, Calif.–(BUSINESS WIRE)–Gyrfalcon Technology Inc. (GTI), a global leading AI solution provider, and LG Electronics Inc. (LGE), a global leader, technology innovator, and world’s leading producers of consumer electronics, mobile communications and home appliances, today announced a global collaboration in developing advanced AI applications.

GTI was invited to attend the 2018 LG Mobile North America Emerging Tech Fair in San Diego, California last month. Attendees included, most notably, LG’s Mobile Communication Business Unit, Advanced Development Team, R&D LAB, AI LAB, Camera Team, and Application Processor Team from LGE’s Headquarters in Korea. At the event, GTI showcased their latest advancements in AI solutions, based on the acclaimed SPR2801S Lightspeeur® Series with Matrix Processing Engine. Unveiled were a number of AI application scenarios for mobile phones, smart home, IOT, and more.

“Collaborating with an industry leader in Consumer Electronics such as LGE is an important move in terms of understanding, addressing, and executing on the strong AI edge market requirement,” said Bin Lei, GTI’s Vice President and GM. “The AI scenarios for consumer devices are rapidly growing. We are very excited to expand our longstanding strategic relationship with LG in incorporating AI capabilities into various segments and application areas.”

“We value our strategic relationship with Gyrfalcon Technology Inc.,” said Chris Roh, Vice President of LGE. “GTI offers unique low-power, high-performance AI chip solutions which address the enormous market need, especially on the edge and device side, where there aren’t many solutions offered today in the market. Their current product and advanced roadmap are in line with our product development requirement. We look forward to working together to deliver leading technologies in the years ahead.”

About Gyrfalcon Technology Inc.

Gyrfalcon Technology Inc. is the world’s leading solution provider in AI and its related storage and memory technologies. Founded in Silicon Valley, Milpitas, California in Spring 2017, GTI successfully launched their first product incorporating their revolutionary APiM (AI Processing in Memory) (Patented) architecture, featuring massive parallel computing capabilities, empowering and bringing AI to consumer electronic devices, mobile edge computing and smart home applications.

About LG Electronics Inc.

LG Electronics Inc. is a global leader, technology innovator and world’s leading producers of consumer electronics, mobile communications and home appliances. LG Electronics Inc. is a multinational electronics company headquartered in Seoul, South Korea, and is part of the LG Group, employing 82,000 people working in 119 local subsidiaries worldwide. LG Electronics comprises four business units: Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components.

More info available at www.gyrfalcontech.com