LG to acquire an additional 30% stake in Bear Robotics.

LG, a manufacturer and distributor of electronic products, chemicals and telecommunication products, agreed to acquire an additional 30% stake in Bear Robotics, a company specializing in AI-driven autonomous service robots. Financial terms were not disclosed. "This additional investment underscores our dedication to positioning robots as a pivotal growth engine for the company, reflecting our belief in their inevitable role in the future. We will persist in driving innovation across all sectors of robotics, encompassing commercial, industrial and home applications," Lee Sam-soo, LG Chief Strategy Officer at Electronics.