LG Electronics Says It Will Fully Push Forward Robot Business This Year

MarsBitNews · 2026-03-23T06:11:01+00:00

LG Electronics CEO Loh Kyou-chul stated that the company will fully develop its robotics business, planning to focus on four key areas: robotics, refrigeration solutions, smart factories, and smart homes, to capitalize on opportunities in the artificial intelligence era and strengthen B2B operations.

MarsBitNews

2026-03-23 06:11:01

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LG Electronics CEO Kwon Young-soo said on Monday that the company will spare no effort to develop its robotics business this year, noting that in the era of artificial intelligence, the company can fully leverage its accumulated expertise in this field. Kwon Young-soo stated at the shareholders’ meeting in Seoul, “Against the backdrop of booming AI development, we plan to focus on four key areas—robots, cooling solutions, smart factories, and smart homes—where LG Electronics has unique advantages and strong growth potential.” According to the plan, LG Electronics will seek to independently produce robot actuators (accounting for about 40% of robot production costs) to strengthen its B2B business portfolio. (Sina Finance)

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