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LG Electronics is banking on Robotics as the next big driver. The South Korean company said on Friday that it has agreed to take a 30% additional stake in Beat Rootic, a California-based start-up. already is the AI-Poight Server robot for restaurants. The deal gives a majority ownership of 51% in the startup, which will now be a subsidiary of the main company. LG declined to comment on the latest pricing; a A shopping mall in Korea say close to $180 million. If true, this would give the bear a total of $600 million.
A company spokesperson explained that the number will be revealed once.
Berce is known for its expertise in AI technology that can control many robots, especially remote fleet management, LG said in its statement. The giant wants to combine the bear and its drilling robots, which created the “LL Cloi” robots, to install its drilling and industrial robots.
Tech Beeheth is said to be working on developing a comprehensive software program for commercial, industrial, and residential applications using bear technology. With the Robotics industry also moving to AI-focused training solutions, this is a must-have for LG’s LG offices, LG said.
The news comes a year after the energy company poured $60 million in berotic in March 2024. That covenant already made ling the greatest administrator. The amount in the past in 2022 that supports them at $ 490 million, More about Putchbook.
CEO and founder John Ha and the credit management team will remain and continue to help create syrnergies and robotics.
Ha, a former engineer of Google’s Turnkey Program, founded Bear in 2017 in 2017. Since the sticky start-up, it operates some packaging sites in the US, South Korea, and Japan. Its robots are designed to help save food from restaurants.
“This additional investment confirms our dedication to positioning robots as the company’s growth engine,” Lee Sam-Soo, Senior Vice President of LG Electronics, said in a statement. “We will continue to operate in all areas of robotics, operating in commercial, industrial and domestic applications.”
Robots and robotics were a bit of a topic this year at CES 2025, and lg made itself part of the story. LG CEO William Chot emphasizes the potential of robots to extend their services beyond sectors such as hospitality and service.
LG’s interest in Tech has returned well this year with the latest variation of AI in everything, with Korea and Japan keeping some of the first products in the field. The Korean electronics company has been researching and developing more than ten Robot and Hardware applications. In 2017, LG was sold to South Korea’s largest airport, Ailheon International Airport.
LG also has a non-commercial LG internment solution. Its home robots are designed to work with household appliances and other household activities. Just one example of the self-driving AI Home Hub, a project called Q9, is slated for release this year. It has advanced navigation technology and can recognize words, sounds, and images. Q9 is equipped with Microsoft voice and Microsoft technology, so users can have simple and natural conversations.
His industrial robot, a circular connected robot, “uses sensors to walk, move, and operate with its robotic arm.
Samsung, a subsidiary of LG in the electronics sector, He said earlier this month he will turn off his robot In the first half of this year.
