SoftBank and Sumitomo Electric last Wednesday announced that they will start collaborating to realize smart factories by using 5G. In line with the collaboration, industrial 5G terminals currently under development by Sumitomo Electric will be offered in 2024 to support “Private 5G,” a 5G-managed service for companies that SoftBank launched on March 29, 2023. Digital transformation (DX) of production sites will be promoted by using artificial intelligence (AI)-based video compression and analysis solutions, which are also derived from Sumitomo Electric’s proprietary technology. Efforts will be promoted to improve productivity at factories, including those of the Sumitomo Electric Group.