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LG, Bear 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
As part of this strategic move, LG Electronics' commercial robot business, will be integrated with Bear Robotics.
Appliance giant LG takes majority stake in Bear Robotics
LG will incorporate Bear’s technology, including Servi the robotic waiter, into its own line of robots for consumers and businesses.
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 to become largest shareholder in U.S.-based robotics startup
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,
2d
on MSN
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 ...
9h
on MSN
LG's QNED TV lineup is getting a big shake-up for 2025 — no more quantum dots
In 2025, LG QNED TVs — be them basic LED TVs or high-end Mini-LEDs — won’t come with quantum-dot color. They’ve been replaced ...
Sports Business Journal
2d
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 ...
4d
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 ...
1d
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 ...
2d
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 MSN
2d
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 ...
Advanced Television
2d
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 ...
PM News on MSN
22h
UNIBEN VC, students hail LG Electronics for landmark Solar Borehole project
LG Electronics has made history by donating the University of Benin’s (UNIBEN) first-ever solar-powered borehole, marking a ...
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