[THE INVESTOR] LG Electronics and portal operator Naver on Jan. 30 agreed to jointly develop an advanced guidance robot based on the high-tech mobility platform.
LG and Naver’s R&D subsidiary signed a memorandum of understanding to collaborate on research and development of robot technology, expanding on their discussions made during the recent Consumer Electronics Show in Las Vegas.
Under the agreement, the two Korean companies will explore ways to adopt Naver’s integrated location and mobility solution eXtended Definition & Dimension Map (xDM) in LG‘s guide robot called Air Star to upgrade its function.
The xDM platform is an advanced mobility technology that can be used in both indoor and outdoor settings and accurately analyzes location data in real time.
“Based on LG’s know-how in artificial intelligence and autonomous driving, we will combine Naver’s software platform in our robots to provide differentiated value for our customers,” Roh Jin-seo, head of the robotics business at LG, said during the signing ceremony at Naver Labs in Seongnam, south of Seoul.
Naver debuted its AI and other robotic technologies during this year’s CES, drawing attention from industry officials around the globe.
By Ram Garikipati and newswires (email@example.com)