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LG Electronics Establishes Robotics Business Center; Shares Decline 5%

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LG Electronics (KRX:066570) established a robotics business center, which will focus on future business based on physical AI, the electronics products maker said in a Tuesday release.

The new facility aims to integrate core capabilities required for commercialization, from business development to supply chain and manufacturing operations, by using physical AI. The company plans to operate the newly established facility as an independent business unit with integrated business development, sales, and operations functions, the release said.

Shares of LG Electronics fell nearly 5% in recent trade.

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