LG, Robotics

LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants.
LG Acquires Majority Stake in Bear Robotics
Strategic investment aims to accelerate innovation across LG’s commercial, home, and industrial robot solutions.
LG Electronics hikes shareholdings in US-based robotics startup to 51%
LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting,
LG Electronics to become largest shareholder in Bear Robotics
LG Electronics said Friday it would become the largest shareholder in Bear Robotics by exercising a call option to acquire an additional 30 percent stake in the US-based robotics firm. The decision, made during a board meeting Thursday,
LG Electronics seizes control of Bear Robotics to boost robot business
LG Electronics has acquired management rights to Bear Robotics by purchasing an additional 30 percent stake in the Silicon Valley-based robotics startup, bringing its total holding to 51 percent, following an existing 21 percent stake.
LG Electronics Slides to Net Loss on Flat Sales
LG Electronics returned to a net loss in the fourth quarter after three consecutive profitable quarters, as weak demand and ...
LG Electronics Q4 loss deepens on FX translation losses
LG Electronics, South Korea's leading home appliance maker, said on Thursday its fourth-quarter net loss deepened from a year ...
Sports Business Journal1d
ANC to sell/service LG Electronics boards, beginning with some NFL, MLB venues
LG Electronics and ANC are now quietly operating under what the two companies are terming a marketing “alliance,” where the ...
Samsung, LG may move some home-appliance manufacturing from Mexico to US, paper says
South Korea's Samsung Electronics and LG Electronics are considering moving some manufacturing of home appliances from their ...
LG Electronics FY24 Operating Profit Down, Revenues Climb
LG Electronics Ltd. (LGEPF.OB, LGEJY.OB, LGEIY.OB, LGEAF.OB) on Thursday reported lower operating profit in fiscal 2024, despite ...
DPA International on MSN1d
South Korea's LG Electronics reports lower operating profit for 2024
South Korean consumer electronics company LG Electronics reported on Thursday a lower operating profit for the 2024 fiscal ...
LG's SP Baik on the wireless QNED evo series and the vision behind it – CES 2025 interview
LG Electronics continued to push the boundaries of television technology with the announcement of the wireless QNED evo ...
Advanced Television1d
LG reports record FY results
LG Electronics has announced its financial results for the year 2024, disclosing a consolidated revenue of KRW 87.73 trillion ...
Korea Joongang Daily on MSN2d
Moving Mexican factories to U.S. an 'option' for Samsung, LG if Trump tariffs imposed
Korean firms like Samsung and LG are considering relocating manufacturing from Mexico to the U.S. due to proposed tariffs.