LG Electronics says it will invest aggressively in robot technology

By: Reuters | Seoul | Published:September 4, 2016 9:16 am South Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalise on advancing artificial intelligence that may eventually lead to sophisticated machines performing everyday human tasks. LG, in a statement, said its appliances division is preparing the firm’s entry into the robotics industy with the aim to develop products that will work closely with home appliances products such as refrigerators, washers and air conditioning units. “We will prepare for the future by aggressively investing in smart home, robots and key components and strengthen the home appliances business’s capabilities,” said Jo Seung-jin, head of LG’s appliances business, in the statement. Advances in fields such as artificial intelligence and wireless communications are allowing for more sophisticated…


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