LG Electronics announced plans to establish a virtuous cycle of robot data based on its collaboration with NVIDIA in physical AI, while actively responding to currency fluctuations by strengthening its global production bases.
During a conference call on October 28, the company stated, "The robotics business is planning various business models, ranging from research-oriented products centered on single devices to vertical hardware and software packaging solutions in collaboration with partners in the service sector, as well as data sales and construction in the data factory." It emphasized that the commercialization of paid pilot projects for external customers at the data factory is a mid- to long-term consideration, with current priorities focused on internal activities to enhance the performance of its robots.
Regarding the collaboration with NVIDIA, LG Electronics noted, "We are collaborating across the entire spectrum of physical AI technologies, including simulation, world models, and robot development platforms," adding that it aims to establish a data virtuous cycle system by combining real and virtual data, securing approximately 500,000 hours of training data this year.
On recent currency fluctuations, the company remarked, "While the Korean won has shown strength, the hedging effects at the corporate level have somewhat worsened compared to before." It stated that it will continue to strengthen its global production strategy and refine its currency scenario plans to minimize the impact of exchange rate fluctuations through improvements in regional pricing, product mix, and cost competitiveness.
* This article has been translated by AI.
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