Lyu Jae-cheol, the chief executive officer (CEO) of LG Electronics, said he will swiftly transplant the company's manufacturing capabilities from home appliances into the robotics business to accelerate a first-mover lead in actuators, the core components that serve as joints in robots.
Lyu said in a LinkedIn post on the 23rd, "This year we will complete the establishment of a mass production system for actuators and apply it directly to 'LG ClOi:D,' an intelligent home robot."
He emphasized, "Next year we plan to enter external markets in earnest by supplying key components to global partner companies," adding, "By 2030 we will expand this into the industrial high-torque segment and establish LG Electronics as a global total actuator solutions provider."
At the shareholders meeting on the 23rd of last month, Lyu said this year would mark the first year of the robotics business and that the company would move in earnest into actuator design and production.
The robotics business is one of the CEO's four key tasks, along with AI data center (AIDC) cooling solutions, smart factories, and AI homes, and LG Electronics plans to use these future growth businesses as engines to open a breakthrough for performance improvement.
At CES 2026, the world's largest IT and home appliance exhibition held early this year, LG Electronics unveiled for the first time its robot actuator brand, "LG Actuator AXIUM."
According to Morgan Stanley, the robotics market is expected to reach about $5 trillion (7,400 trillion won) by 2050. That is roughly twice the size of the global automobile industry.
Lyu explained, "As the robotics market grows, attention is shifting to actuators, which account for about 40–50% of a robot's total costs," adding, "This is an area where LG Electronics can stand out, as the company has built trusted manufacturing and design capabilities and strong product durability over nearly 70 years."
He also emphasized that the company has secured clear strengths in three aspects—scale, vertical integration, and efficiency—in the robot components field. LG Electronics has been designing and producing motors in-house since 1962 and currently has the infrastructure to manufacture 45 million motors a year at seven production bases in five countries.
Lyu said, "Through this economy of scale, we deliver durability, reliability, and price competitiveness that competitors find hard to emulate," adding, "We have internalized both the design and production of motors and drivers, and we are continuously strengthening our in-house capabilities in the reducer field."