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LG Electronics, 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 Electronics acquires 51% stake in Bear Robotics to enhance robot business
LG Electronics acquires 51% stake in Bear Robotics to enhance robot business LG Electronics expands robotics capabilities by increasing investment in 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 acquires majority stake in Bear Robotics
As part of this strategic move, LG Electronics' commercial robot business, will be integrated with Bear Robotics.
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,
3d
on MSN
LG Electronics Slides to Net Loss on Flat Sales
The South Korean consumer-electronics giant returned to a net loss in the fourth quarter after three consecutive profitable ...
Hosted on MSN
13h
LG Electronics Donates Solar- Powered Borehole To UNIBEN
LG Electronics has donated a solar-powered borehole to the University of Benin (UNIBEN), marking a significant step toward sustainable water supply and energy efficiency on the campus. The borehole, ...
2d
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 ...
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4d
LG Electronics announces 510% bonuses for vehicle division, 470% for home appliances
LG Electronics announces 510% bonuses for vehicle division, 470% for home appliances LG Electronics reveals record ...
6d
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 ...
4d
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 ...
3d
LG ELECTRONICS RECOGNIZED WITH OVER 100 AWARDS AND ACCOLADES AT CES 2025
LG Electronics once again was honored with numerous awards and accolades across multiple categories, including media ...
PM News on MSN
3d
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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16h
LG HVAC champions Clean Energy Day with commitment to sustainable cooling solutions
Dubai – The International Day of Clean Energy is a pivotal event that calls for celebration and reflection. As a global ...
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