LG Electronics, the company most people associate with refrigerators and OLED TVs, is now one of the hottest robotics plays on the Korean stock market. Shares have climbed more than 300% year-to-date, reaching record highs near 281,000 won.
On June 1 alone, the stock jumped approximately 28% on reports of expanded cooperation with Nvidia in AI and robotics. May alone saw LG’s stock climb roughly 88%, a staggering monthly gain driven largely by growing optimism around this Nvidia connection and the broader robotics commercialization timeline.
From kitchen counters to factory floors
LG’s robotics ambitions trace back to at least March 2024, when the company made an initial $60 million investment in Bear Robotics, a US-based robotics startup. By January 2025, LG had acquired a controlling 51% stake in the company.
Bear Robotics specializes in autonomous service robots, the kind you might see delivering food in restaurants or navigating hotel hallways.
