LG’s robotics play is inside the robot
LG Electronics has built a humanoid home robot called CLOiD that can move around a house, interact with appliances and perform simple tasks. The company hopes to commercialise it before 2030. But the bigger opportunity LG sees may not be in selling robots at all.
Instead, the South Korean electronics giant wants to become a supplier of one of the most important components inside them: actuators, the motor-and-gear systems that enable robots to move.
