Business·Industry

"Entry into the Home Humanoid Market by 2030… Aiming for Global Top Tier" - LGELECTRONICS Conference Call

JAEMIN SONG
2026-10-28 16:38:21
[Edaily Reporter JAEMIN SONG ] “We plan to prioritize the robotics business in the academic, public, and manufacturing sectors, where the market is expected to take shape first. By securing technology, product lineups, and references in the early mass production market—including key components such as actuators—we aim to establish leadership in the manufacturing and logistics markets. Subsequently, around 2030, when the humanoid robot market is expected to fully take off, we plan to expand our business into home humanoid robots. For home robots, even before the market fully takes off, we are preparing products and form factors that can naturally integrate into households, building on the competitive strengths we’ve accumulated in the home appliance business. We believe it is crucial to offer products at price points that make them a realistic purchase option for households. We see significant potential in what can be achieved through robots designed for home appliances and home appliances designed for robots. According to global consulting firm BCG, the robotics market is projected to grow to $132 billion by 2031 and $255 billion by 2035. In particular, as the versatility of physical AI becomes established starting in 2030, the B2C market is expected to take off in earnest, alongside the B2B market. The company is driving its business forward with the goal of securing a top-tier global position in this market."

…LGELECTRONICS Q3 2026 Conference Call
The photo shows the LGELECTRONICS headquarters in Yeouido, Seoul, on that day. (Photo: Yonhap News)

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