LS Eco Advanced Materials said April 28 it has won an order to supply robot motor windings to a global robot parts company, marking its first deal in the robotics sector.
The company said the contract is its first step in expanding beyond its electric-vehicle-focused portfolio. It plans to begin deliveries this month and supply windings for thousands of actuators through the end of this year.
LS Eco Advanced Materials said demand for actuator windings is expected to grow to more than about 1 million units a year by 2030, noting that a single robot can use dozens of actuators.
An actuator is a drive system combining a motor, reducer and control unit that converts electrical signals into movement. Windings used in motors are a key component that converts electricity into force and affects output and precision. LS Eco Advanced Materials has supplied EV windings to Hyundai Motor and General Motors, among others, and said it has moved early to secure the market.
The product to be supplied is a high-performance winding made with fine wire that the company said can deliver higher output and efficiency in motors of the same size. It said the technology is used in future mobility industries such as robots, EVs and urban air mobility. In South Korea, LS Cable & System first developed the product and has expanded competitiveness after entering a market previously dominated by Japanese and European companies, it said.
The company said the expansion is expected to create synergies with LS Eco Energy’s rare-earth metals business. If mass production of rare-earth metals ramps up, it said, the group would be positioned to secure a non-China supply chain for key robot components at the same time.
Hong Young-ho, CEO of LS Eco Advanced Materials, said the company will respond to expanded mass production “based on quality tailored to customer needs and stable supply capabilities,” and will “continue to expand global supply, centered on North America.”
* This article has been translated by AI.
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