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LG, Robotics and Korean electronics

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.

The Korea Herald · 10h

LG Electronics to become largest shareholder in Bear Robotics

LG Electronics said Friday it would become the largest shareholder in Bear Robotics by exercising a call option to acquire an additional 30 percent stake in the US-based robotics firm. The decision, made during a board meeting Thursday,

Yonhap News English on MSN · 7h

LG Electronics hikes shareholdings in US-based robotics startup to 51%

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,

Hosted on MSN · 8h

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.

BBC1y

Bears versus robot wolves in ageing Japan

Originally designed to keep wild animals away from farms, authorities now use this mechanical wolf to stop bears from entering urban areas and attacking people. The Monster Wolf was first used in ...

조선일보4d

LG CNS, Bear Robotics Collaborate on Autonomous Mobile Robots for Logistics

LG CNS announced on the 20th that it will lead the digital transformation of the logistics industry through Autonomous Mobile ...

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LG, Robotics and Korean electronics

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