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LG Electronics Establishes Robotics Business Center Reporting Directly to CEO, Targets Three-Pillar Industrial, Commercial, and Home Strategy

LG Electronics Establishes Robotics Business Center Reporting Directly to CEO, Targets Three-Pillar Industrial, Commercial, and Home Strategy

Business & Markets, News, Robots & Robotics
By

LG Electronics has established a Robotics Business Center reporting directly to CEO Lyu Jae-cheol, effective July 1, integrating business development, sales, and operations into a single organization and launching a dedicated data factory at the Yangjae R&D campus as part of a three-pillar strategy covering industrial, commercial, and residential robotics.

Goldman Sachs: South Korea Will Command 30% of Global Humanoid Robot Production by 2035

Goldman Sachs: South Korea Will Command 30% of Global Humanoid Robot Production by 2035

Artificial Intelligence (AI), Business & Markets, News, Robots & Robotics
By

Goldman Sachs Research estimates Korean companies will account for 30% of global humanoid robot production by 2035 through direct manufacturing and component supply, with Korean supply chains supporting approximately 74,000 units by 2030, driven by automotive parts expertise translating directly into actuator and dexterous hand capability.