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Maroc Maroc - THECEKODOK.COM - A La Une - 26/Jan 11:10

LG Acquires Majority Stake in Bear Robotics

After Samsung recently acquired a majority stake in a robotics company, its compatriot LG Electronics has now done the same. LG Electronics has now acquired an additional stake in Bear Robotics, bringing it to a majority stake and making the company a subsidiary under them.Bear Robotics is already known for its artificial intelligence-based technology, especially involving robotic management. It is also already known for its in-store delivery robots.In parallel with becoming a subsidiary, LG will also integrate their commercial robot business into Bear Robotics. The Bear Robotics management team will remain at the helm of the business.

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