JAKARTA -- In a partnership of sprawling conglomerates, Japan's Softbank Corp. on Thursday announced it will work with the real estate arm of Indonesia's Lippo Group to promote smart city projects.
Business deals
SoftBank and Indonesia's Lippo partner on smart city development
Japanese conglomerate brings AI, facial recognition and IoT tech
From left, John Riady, Lippo Karawaci's CEO, and Hidebumi Kitahara, SoftBank's head of global business strategy, sign a partnership agreement in Jakarta on Nov. 28. (Photo by Jun Suzuki)
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