LG CNS, Bear Robotics to co-develop autonomous robots

The S.Korean company and the Silicon Valley-based firm aim to develop solutions for logistics robots jointly

LG CNS, Bear Robotics to co-develop autonomous robots
Hae-Sung Lee 1
2025-01-20 14:18:06 ihs@hankyung.com
Robotics

LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics, the Silicon Valley-based AI robot firm to develop solutions for logistics robots. 

BearBotics supplied around 20,000 AI-based service robots in more than 20 countries.

LG CNS plans to develop large unmanned robots dedicated to transporting heavy industrial goods and small ones for automated logistics facilities with Bear Robotics' technological expertise.

LG CNS provides various robot solutions, including automated guided vehicles, AI-picking robots, and AI vision cameras.

Write to Hae-Sung Lee at ihs@hankyung.com

LG CNS set to price February IPO at top of price band

LG CNS set to price February IPO at top of price band

Hyun Shin-kyun, CEO of LG CNS, speaks at a press conference on Jan. 9, 2025 LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1.2 trillion won ($821 million) in an initial public offering, according

LG CNS to use IPO proceeds to buy foreign IT firm

LG CNS to use IPO proceeds to buy foreign IT firm

LG CNS headquarters in Seoul (Courtesy of LG CNS) LG CNS Co., the information technology service unit of South Korea’s LG Group, plans to acquire a foreign IT company with the proceeds from its initial public offering planned for early next year, to use the firm as a springboard for its g

(* comment hide *}