LG Electronics Targets Logistics Market with Next-Generation Robots

MOU Signed for Collaboration on Logistics Robot Solutions Supply and System Development with Pasto

LG CLOi Carebot is collaborating with workers to perform tasks at the Yongin 2 Center, a FASTO smart logistics center. / Provided by LG Electronics

[Asia Economy Reporter Kim Pyeonghwa] LG Electronics is accelerating its entry into the logistics robot market by leading with the next-generation autonomous logistics robot, LG CLOi CarryBot.

On the 16th, LG Electronics announced that it signed a memorandum of understanding (MOU) for logistics robot solution supply and system development cooperation with AI logistics platform company 'Fasto.' The signing ceremony held at LG Science Park in Gangseo-gu, Seoul, was attended by Fasto CEO Hong Jongwook and LG Electronics BS Business Division Head Jang Ikhwan, among others.

The two companies plan to develop integration between autonomous order-picking robots and logistics systems. They aim to establish optimized robot operation processes for each logistics hub and gradually expand the application of robot solutions within logistics centers.

Recently, LG Electronics supplied an integration solution between LG CLOi CarryBot and the warehouse management system (WMS) to Fasto’s smart logistics center, Yongin 2 Center. This also included a control system for managing multiple robots. The two companies plan to expand the application of LG CLOi CarryBot to other logistics hubs operated by Fasto. They will also collaborate to supply LG Electronics’ next-generation logistics robot solutions to overseas customer logistics centers that Fasto partners with.

LG CLOi CarryBot, provided by LG Electronics, is a next-generation logistics robot based on autonomous driving and obstacle avoidance technology that loads a large volume of goods and independently finds routes to deliver them to destinations. LG Electronics explains that by entrusting dangerous, simple, and repetitive tasks occurring in logistics work sites to robots, workers can focus on valuable experiences and tasks.

Fasto is a company that has accumulated know-how related to next-generation logistics systems, including receiving the first preliminary Grade 1 certification for smart logistics centers in Korea from the Ministry of Land, Infrastructure and Transport. LG Electronics expects that through this collaboration, it will be able to accelerate the advancement of logistics automation services in the fulfillment service market by utilizing LG’s robot solutions.

LG Electronics regards robots as a key pillar of its future business and has introduced various robot solutions based on core technologies such as autonomous driving, sensors, and artificial intelligence (AI). Going forward, it plans to focus on building logistics solutions covering not only logistics robots but also the entire delivery process, based on differentiated robot technologies.

Division Head Jang said, "Based on the know-how accumulated from operating robots in various spaces and advanced technological capabilities, we will showcase differentiated robot experiences and value in the next-generation logistics robot market."

This content was produced with the assistance of AI translation services.