LG Electronics shot straight to the daily upper limit on the 21st during trading. After Samsung Electronics' strike, LG Electronics emerged as a robot-related company on expectations of replacement demand for workers, drawing concentrated buying.
That day, LG Electronics was trading on the main board from 2 p.m. at 235,000 won, up 54,000 won (29.83%) from the previous day. As of 2:45 p.m., LG Electronics was still at the upper limit. At the same time, LG Electronics preferred shares were trading at 87,300 won, up 19,200 won (28.19%) from the previous day.
Recently, as the Samsung Electronics strike unfolded, expectations spread that robot replacement demand would expand, drawing investor interest to robot-related corporations.
This year, LG Electronics has tagged the robot business as a new growth engine and is pushing to expand it. In January, it unveiled the actuator brand "LG Actuator AXIUM," a core component of Humanoid Robot. Views that cooperation with global automakers such as Nvidia will expand also appear to have helped lift LG Electronics' share price.
In the securities industry, LG Electronics was assessed as reshaping itself from an appliance-centered corporation into a future mobility and AI platform corporation.
Kim Min-kyung, a researcher at Hana Securities, said, "Despite the continued unfavorable business environment, LG Electronics will secure profit-generating capacity through companywide cost-structure improvements and marketing expense efficiency, while aggressively pushing new businesses related to Robotics to secure growth drivers."
Kim said, "Judging from moving up the plan for a cloyd proof of concept (PoC) from next year to the first half of this year, the company is actively accelerating its robot business," adding, "There is also momentum from the full-fledged launch of AI-related businesses, including discussions on collaborations related to Nvidia, Physical AI, artificial intelligence (AI) data centers, and mobility."