LG Electronics Pivots to Robotics, Plans In-House Actuator Manufacturing at Scale
LG Electronics CEO Lyu Jae-cheol declared 2026 a 'pivotal year' for the company's robotics ambitions at its shareholder meeting. LG will complete scale-up of in-house robot actuator production within the year, leveraging its existing capacity of 45 million motors annually. The company is targeting the $23 billion actuator market projected for 2030. CEO Lyu positioned actuators as a 'cornerstone' of LG's robotics business, with the company also partnering with AgiBot on humanoid systems. LG views its motor manufacturing expertise as a competitive moat in robotics hardware.