LG Electronics’ Post

LG Electronics has secured a majority stake in Bear Robotics, a Silicon Valley-based startup specializing in AI-driven autonomous service robots. The acquisition aligns with LG's strategy to strengthen its presence in the robotics sector, a key growth area for the company. https://lnkd.in/e-Ptfnid

Strategic investment aims to accelerate innovation across LG’s commercial, home, and industrial robot solutions LG Electronics has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon Valley-based startup specializing in AI-driven autonomous service robots.

iRobot, a pioneer in the field of consumer robotics, has revolutionized home cleaning with its innovative robotic vacuums and other autonomous devices. Founded by a group of MIT roboticists, iRobot has grown from a small research-focused company to a global leader in robotics. This article explores the origins, growth, and key milestones of iRobot’s journey. - https://lnkd.in/gtbgKX-S

LG Electronics has acquired a majority stake in Bear Robotics, reinforcing its commitment to AI-driven robotics innovation. This strategic move combines LG’s global leadership in electronics with Bear Robotics’ expertise in autonomous service robots. Together, they aim to revolutionize the future of smart automation across industries like hospitality and beyond. #AI #Robotics #Innovation #TechnologyLeadership

HL Robotics acquires Stanley Robotics, expands global reach. HL Robotics, a subsidiary of HL Holdings, has acquired Stanley Robotics, strengthening its position in the robotics industry and expanding its capabilities in autonomous technology and smart automation solutions for global markets. https://lnkd.in/gCbAxRFj #hlrobotics #hlholdings Stanley Robotics #robotics #acquisition #automation #autonomous #technology #smartautomation #globalmarkets Newswire PR Cision PR Newswire MENA Newswire

HL Robotics, a subsidiary of HL Holdings Corp., will acquire Stanley Robotics, the world's first company to commercialize outdoor valet parking robots. Stanley Robotics specializes in the commercialization of automated parking robots. After successfully commercializing parking robots in Lyon-Saint-Exupéry Airport in France in 2018, Stanley Robotics signed a parking robot subscription agreement with a Canadian finished vehicle logistics supply chain company, launching robotic automotive logistics compound management in September this year. There is considerable excitement surrounding Stanley Robotics' flagship product, "Stan." Stan is an autonomous valet parking robot that navigates parking lots without time or space constraints, making it a key player in the commercialization of parking robots. This success has been enabled by the Fleet Management System(FMS). The FMS, which utilizes digital twin technology, not only monitors Stan but also provides real-time remote control from one central location. Market concerns about potential "power-off" issues have been addressed by Stan's built-in "intelligent automatic charging function" as the solution. https://lnkd.in/gRt8iabJ

🤖 Kelvin Wee, CEO of Patec, helped Certis Cisco develop security robots, elevating service robotics amidst Singapore’s labor shortages and rising costs. 💡 Singapore’s National Robotics Programme funds innovations, boosting local companies like LionsBot, which excels internationally in cleaning robots. 🌐 The rise of service robots complements the high density of industrial robots in Singapore, aiming to enhance various sectors with smart, autonomous technology. - Want full insights? Subscribe to Tech in Asia to read the entire article.

Fifty producers of robots and robotics enabling technologies received funding in August 2024, pulling in a total of approximately $1 billion. This figure is on par with the $1.2 billion average The Robot Report has tracked each of the previous 12 months. https://hubs.la/Q02T1S8V0 #robots #RoboticsIndustry #robotics #bots #RoboticsInvestment #AutonomousDrivingTechnology

Samsung Electronics said on Tuesday it will become the largest shareholder in a South Korean robotics startup, Rainbow Robotics, as part of its push for advancing robotics technologies including humanoid robots. https://lnkd.in/g6DPzsT6

Samsung is joining the global humanoid robots race with its increased stake in Rainbow Robotics.   삼성전자 Samsung Electronics America Samsung Group 레인보우로보틱스 #quadrupedrobots Hyundai Rotem Hyundai Rotem USA Hyundai Motor America Hyundai Motor Company (현대자동차)차 한국과학기술원(KAIST) #collaborativerobots #Spot #bipedalrobots #Hubo #humanoids #FutureRoboticsOffice #OhJunho #HanJonghee Boston Dynamics SoftBank Group Corp. Toyota Motor Corporation Toyota North America   https://lnkd.in/gkdpdswN