LG Electronics surges 14% as Korea robotics push accelerates on new plans
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Reddit — r/stocks
· May 14, 2026 at 18:48
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https://biz.chosun.com/en/en-finance/2026/05/14/4V6CWQB5UVGI5PEAM55V7C6SRQ/
Expectations for new business related to Robotics appear to be driving the stock higher.
Hana Securities raised its target price for LG Electronics to 230,000 won from 160,000 won.
Kim Min-gyeong, an analyst at Hana Securities, said, "LG Electronics, through its March shareholders meeting, said it would establish a mass-production system for actuators for Humanoid Robot within the year and disclosed a plan for a proof-of-concept (PoC) pilot project for the home robot Cloi in 2027," and added, "Given that the pilot project has been moved up to the first half of this year, the company appears to be actively accelerating its robotics business."