LG Electronics establishes CEO-led Robotics Business Center
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- LG Electronics has established a new 'Robotics Business Center' directly under its CEO.
- This strategic move aims to foster robotics, particularly physical AI-based robots, as a key future growth engine.
- The center will handle business development, sales, and operations, and will include a dedicated unit for robot learning data, with plans to build a large-scale data factory.
LG Electronics is strategically reorganizing its structure to accelerate its ambitions in the robotics sector, establishing a new 'Robotics Business Center' directly reporting to the Chief Executive Officer (CEO).
This significant organizational change, effective July 1, underscores LG's commitment to cultivating robotics, especially those powered by physical artificial intelligence (AI), as a pivotal future growth driver for the company. The move comes four months ahead of the company's regular year-end restructuring, highlighting the urgency and strategic importance placed on this initiative.
The newly formed center is designed as a comprehensive unit, equipped with capabilities for business development, sales, and operations. It will also house a specialized department focused on creating and managing data for robot learning. Song Si-yong, who previously led the Smart Factory Solution Center, has been appointed as the head of this new center.
LG plans to leverage synergies across its group, including collaborations with subsidiaries like LG CNS and LG AI Research, as well as forging global partnerships. Furthermore, the company intends to bolster its infrastructure by constructing a large-scale robot learning data factory within its Yangjae R&D Campus in Seoul by the end of the year. Efforts are also underway to internalize core components, such as actuators, through its own technology, while also exploring external supply opportunities.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.